What is DeFi and CeFi?

[EAA-ALLAH]

CeFi means or refers to  the legacy financial industry by allowing people to earn interest or get loans, whereby they use their cryptocurrencies as a form of collateral.

DeFi refers to the application of smart contracts to financial instruments thereby removing the need for users to trust a middleman or corporation

[Fadhilz123]

CeFi means or refers to  the legacy financial industry by allowing people to earn interest or get loans, whereby they use their cryptocurrencies as a form of collateral.

DeFi refers to the application of smart contracts to financial instruments thereby removing the need for users to trust a middleman or corporation

This is the first time I hear it, but from your explanation, it is another way to make a headache. I don't like it

[EAA-ALLAH]

CeFi means or refers to  the legacy financial industry by allowing people to earn interest or get loans, whereby they use their cryptocurrencies as a form of collateral.

DeFi refers to the application of smart contracts to financial instruments thereby removing the need for users to trust a middleman or corporation

This is the first time I hear it, but from your explanation, it is another way to make a headache. I don't like it

Hey mate ,, before launching Defi (Decentralized finance) all projects were in cefi ( centralized finance) .. defi a temporary hyped and cefi all time parallel projects.

[Paglamon]

Centralized finance keeps financial services within a certain range. On the other hand, decentralized finance is able to launch financial services worldwide. DeFi can deliver financial services worldwide. There is a relationship between cryptocurrency and centralized. But cryptocurrency and decentralized finance make financial services easier. Many more investors are advised to invest here from a distant place.

[Riya143]

DeFI is able to deliver decentralized finance financial services worldwide. CeFI is centralized finance. Which is able to deliver financial services to any country or region of its own. So now DeFi has gained a lot more popularity. It is expected to be more popular in the future.

[Casual]

CeFi means or refers to  the legacy financial industry by allowing people to earn interest or get loans, whereby they use their cryptocurrencies as a form of collateral.

DeFi refers to the application of smart contracts to financial instruments thereby removing the need for users to trust a middleman or corporation

In fact I know fairly well about DeFi.  But I had no idea about CeFi.  I got a complete idea about it after reading your post.  Thank you very much in your own name bro.

[saprakib]

CeFi means or refers to  the legacy financial industry by allowing people to earn interest or get loans, whereby they use their cryptocurrencies as a form of collateral.

DeFi refers to the application of smart contracts to financial instruments thereby removing the need for users to trust a middleman or corporation

A good and simple explanation about Defi and Cefi by moderator. I think it is always the best tp use Defi as i wanna be anonymous always. I have invested many project on Defi and get huge amount of profit.   

[Apower$]

DFI refers to the application of smart contracts in the tools of the economy through which users eliminate the need to trust any intermediaries or corporations.
 CFI refers to the inherited financial industry by allowing people to earn interest or get it, through which they use their cryptocurrencies as collateral.

[Triedboy]

Your post is actually very beautiful. These two have given you beautiful examples about which one.  Hopefully those who were unfamiliar with this topic will find out after reading your post. Thank you very much.

[H2O]

Defi is the short form of decentralized finance and cefi is the short term of centralized finance. Defi is a boarderless business and cefi is a central permitted business system.

[yemight62]

Even Defi projects now supports loan.  As a Hunter, I have advertised for few projects that supports this.  You get to lend out your assets by depositing a specific amount to liquidity. Defi is growing bigger. One needs to be updated.

[Churphans]

Centralized finance and decentralized finance shortly mate called cefi and DeFI. But recently decentralized finance (DeFI) becoming most important and discussble phenomena in cryptocurrencies market.

[Monster5]

DeFi and CeFi read your post Got ideas about.This post is really a very informative one Post.Everyone read this post DeFi and CeFi What to know about this.Thank you so much for making this post.

[Dora Walletinvestor]

CeFi means or refers to  the legacy financial industry by allowing people to earn interest or get loans, whereby they use their cryptocurrencies as a form of collateral.

DeFi refers to the application of smart contracts to financial instruments thereby removing the need for users to trust a middleman or corporation

This is the first time I hear it, but from your explanation, it is another way to make a headache. I don't like it

Haha, yes, there are certainly simpler ways to explain it.

DeFi simply means decentralised finance, where it's not a certain authority that manages the circulation of money, it has an algorhytmic background instead.

And CeFi is just a new term for traditional finance.

[Sumaiya2]

Defi has now become a widely known platform.  Because the Cefi platform has been here for some time but not as well known as the Defi platform.  Defi Platform is a very popular platform in cryptocurrency.