What is DeFi? Decentralized Finance Explained for Beginners

DeFi, is a combination of Decentralized and Finance. It is a collection of financial services without a central authority. But what exactly does it mean?

In today’s video, we will cover:
What is DeFi?
Why is DeFi useful?
Components of the DeFi Ecosystem
Benefits of DeFi
Risks of DeFi

Link in the video:
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We bring you the latest NFTs updates from the NFT verse, covering non-fungible assets, GameFi and digital assets in the crypto space and metaverse.

Blockchain? Bitcoin? Cryptocurrency? Non Fungible Token? Decentralized Finance (DeFi)?

These buzzwords can be confusing, watch our videos so you can navigate your way in the cryptocurrency market.

Not only that, we will also cover crypto collectibles and crypto news.

So follow us for more crypto updates and NFT news today!

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DISCLAIMER: Cryptocurrencies/NFTs are emerging assets that is still evolving. The information/content in this YouTube channel and resources available are for educational and informational purposes only, and should not be construed as investment or financial advice. Always do your own research before making any decision to buy, sell or trade cryptocurrencies/NFTs.