Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Herry on October 19, 2020, 04:25:07 AM
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I think defi is very potential coin and Defi is most popular of the cryptocurrency . These opportunities, which range from simple savings products to complex trading platforms, are nearly frictionless, in the sense that they require very little infrastructure. So defi is very importance
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DeFi gives everyone in the world access to an essentially unlimited number of financial products and services. These opportunities, which range from simple savings products to complex trading platforms, are nearly frictionless, in the sense that they require very little infrastructure.
DeFi is a decentralized finance which creates a borderles transactions system without kyc permission and score or debit and credit card. It's a decentralized business methods.
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DeFi is a modern financial solution that is not controlled by any party which ensures the security of user data is needed nowadays to carry out fast, cheap and efficient transactions.
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At least Defi has increased the spirit and interest of many people to invest again in crypto. Many people have joined in buying Defi tokens, some of them probably became rich people right now. While others who didn't do the right way of joining may be suffering. Well, the risk is always there, especially if you followed the hype, like the current hype in Defi projects. However, if you are smart, you still can take advantage of the hype, everything depends on you.
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At least Defi has increased the spirit and interest of many people to invest again in crypto. Many people have joined in buying Defi tokens, some of them probably became rich people right now. While others who didn't do the right way of joining may be suffering. Well, the risk is always there, especially if you followed the hype, like the current hype in Defi projects. However, if you are smart, you still can take advantage of the hype, everything depends on you.
Yes brother you are absolutely right because anyone who an expert in cryptocurrency market then he can get benifits from DeFi Hype and who dull headed he may get losses.
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DeFi creates an excellent bonding between the digital cryptocurrencies with finance via decentralized exchanges (Uniswap). But decentralized finance which is a temporary hype and it wouldn't be ever lasting like bitcoin and others altcoins.
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DeFi is a decentralized finance. Decentralized finance deals with a business model with permission or borderless anywhere in the world. If you have enough money and time you can participate or invest in any decentralized finance system within decentralized exchange.
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Decentralized Finance platform is necessary in day to day basis. The platform offers more convenient and comfortable scenario as long as you can access DeFi. It is like a bridge to connect the world of finance side by side. Today, the world did not yet know about this opportunity, you know maybe later the demand will increase.