DeFi Vs CeFi is one of the biggest choices a person will have to make in The Cryptocurrency Market
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DeFi Vs CeFi is one of the biggest choices a person will have to make in The Cryptocurrency Market. In this video on http://bees.social, Ray and Tim talk about the difference of DeFi Vs CeFi. He also pointing out the trends in the Decentralize Finance (DeFi) space.
1) Centralized Finance (CeFi) exchanges — act as an intermediary to manage the crypto transactions and activities of users
2) Decentralized Finance (DeFi) exchanges — which eliminate the need of any third party to control the activities of users, thus allowing technology to take over and users having authority to manage their transactions and deals.
Decentralized finance (commonly referred to as DeFi) is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.
The main motive of both Decentralized Finance (DeFi) platforms and Centralized Finance (CeFi) platform remains the same i.e. to facilitate people to use cryptocurrencies for all of their financial needs and services. But the way they both execute is different. Let us see how.
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DeFi Vs CeFi is one of the biggest choices a person will have to make in The Cryptocurrency Market. In this video on http://bees.social, Ray and Tim talk about the difference of DeFi Vs CeFi. He also pointing out the trends in the Decentralize Finance (DeFi) space.
1) Centralized Finance (CeFi) exchanges — act as an intermediary to manage the crypto transactions and activities of users
2) Decentralized Finance (DeFi) exchanges — which eliminate the need of any third party to control the activities of users, thus allowing technology to take over and users having authority to manage their transactions and deals.
Decentralized finance (commonly referred to as DeFi) is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.
The main motive of both Decentralized Finance (DeFi) platforms and Centralized Finance (CeFi) platform remains the same i.e. to facilitate people to use cryptocurrencies for all of their financial needs and services. But the way they both execute is different. Let us see how.
BEES.Social is the #1 Crypto Education System in the World For Everyday People!
For more videos watch this playlist:
BeesSocialTV
https://www.youtube.com/playlist?list=PLT3ArNsa9k19YcQ8G-2Y6y0fq8OYb5ld5
Please subscribe to this channel:
BeesSocialTV
https://www.youtube.com/c/BeesSocialTV/
Learn more about DeFi Yield Farming Crypto http://Yield-Farming-Crypto.farm
https://www.youtube.com/playlist?list=PLT3ArNsa9k19UeQ5RLppkhkhHCKFOKZyV
For more info:
https://www.facebook.com/groups/beessocalforyou
https://t.me/Bees_Social
https://BeesSocialTV.com
https://twitter.com/Crypto_Swarm
https://www.linkedin.com/company/cryptoswarm/
https://vimeo.com/beessocial
https://www.reddit.com/user/BEESSocial
https://podcasts.apple.com/us/podcast/the-swarm-unplugged/id1563240346
https://medium.com/opes-dot-finance
Who is BEES.Social
"We are a community of retail investors that are educating themselves, supporting others, and profiting from cryptocurrency investing. We're normal people seeking to take control of our personal finances... we are growing significantly, by inviting friends and family to join us and learn about the cryptocurrency ecosystem."
Why BEES.Social
"We are not an investment group, nor are we day-traders... as a community we recognize that effective communication, respect, transparency and sharing of information builds a strong community... to that end, we are a group that has invited friends and family to participate, so we can grow together..."
#DeFiVsCeFi
#CryptoTips
#CryptoSwarm
#BeesSocial
#BeesSocialTV
#DataDash
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