What is Decentralized Finance (DeFi)?

[emmybd]

DeFI, or “decentralized finance,” a term for a decentralized method of transacting through blockchains ( technology serving the bitcoin). The system isn’t particularly controlled by a single or central source, which allows the trader full authority and control over their transactions, making it as fast as they want them to be. Several entities are given the right to have the history of transactions.
 
DeFi can be more unique for blockchain uses and may be extended from simple transactions to complicated cases. In cryptocurrency trading, many assets like Bitcoin and other alternatives remove middlemen, for the extra layer of privacy. A regular credit card usually has an institution going over the transfer and recording it in their private ledgers, the institution has full power to cease or pause the transfer as well. Using bitcoin may save your transaction from being interrupted, this way.

[EAA-ALLAH]

Decentralised finance a boarderless participation systems where no thirds parties are required. Decentralised finance a open source financial services and business systems.

[Jaya60]

What kind of transaction is decentralized finance that never requires a third party to make the transaction. Yeah Al that sounds pretty crap to me, Looks like DeFi aint for me either.

[Hometown]

Decentralized Finance ( shortly DeFI) is the finance projects where all cryptocurrencies supporters and investors joined without permission of third parties. It also a boarderless marketing systems and with transactions it never require thirds parties presences.

[H2O]

Decentralized Finance short abbreviation of DeFI. DeFI projects are now a good in position. I always searching new projects specially DeFI projects.

[Pluto25]

Decentralized finance system a technical tool of bonding with centralized and decentralized finance within decentralized exchanges system. It's a permission less trading or business systems .

[Muneeb22]

Decentralized Finance ( shortly DeFI) is the finance projects where all cryptocurrencies supporters and investors joined without permission of third parties. It also a boarderless marketing systems and with transactions it never require thirds parties presences.

Defi projects are almost good but now the scammers will make scam in these projects also and they try to scam the new peoples which don,t know about the coins and about the crypto market.

[Nikawe]

Decentralized Finance short abbreviation of DeFI. DeFI projects are now a good in position. I always searching new projects specially DeFI projects.

Decentralised finance projects shortly termed as Defi project. Defi is the bonding tools teachinque of bridge centralised and decentralised protocols.

[Riya143]

We have talked about DeFi from the beginning, when the section was created here. Subject to negotiations, however, DeFi is decentralized finance. Which spreads financial services to different regions in the digital ecosystem.

[Gurujebs]

For a layman and a common traders who is after some cheap and quick money, it's nothing but free money where you enter and exit quickly
If you check into DEFI, it encompasses lending, borrowing, staking as liquidity provider as well as farming.
We are yet to see the main effects of decentralized finance in the outside world adoption, hopefully soon.

[Metha Wulandarin]

Simply put, DeFi can transact without a third person and it may sound very easy but with DeFi it is easier for scammers to commit fraud because there is no third person who knows it.

[XM8]

I Know Decentralized Finance is the short from of DeFi. Now DeFi Coin is very good and strong project. Many peoples are now invest on this site. But it a bad site is scammers. Many scammers are now scam on this site.

[Phu Juck]

I Know Decentralized Finance is the short from of DeFi. Now DeFi Coin is very good and strong project. Many peoples are now invest on this site. But it a bad site is scammers. Many scammers are now scam on this site.

If you have done a good research, you can detect scam project and avoid it. Huge numbers of project are legit and can bring great profit. But I agree, we need to do good research. Always DIOR.

[wawan96]

Until now, Defi is still in the development effort, thinking that if one day Defi will grow bigger and experience an increase, if bitcoin and Defi are combined, it will be an extraordinary future investment one day Defi could be a solution for investors to generate profits every day.

[EAA-ALLAH]

Until now, Defi is still in the development effort, thinking that if one day Defi will grow bigger and experience an increase, if bitcoin and Defi are combined, it will be an extraordinary future investment one day Defi could be a solution for investors to generate profits every day.

Are you think bitcoin and defi will combine together? If it would be possible then a huge amount of markets revolution will be happened in future.