Glossary · Definition
DeFi (Decentralized Finance)
DeFi is like banking, but instead of going to a bank to save money or get a loan, you use computer programs on the internet that do the same thing automatically.
Read the full entry with a CryptoBipto membership
The full entry for DeFi (Decentralized Finance) covers the detailed definition, how it works, an example and the mistakes beginners make.
CryptoBipto is a crypto education platform. It does not buy, sell, hold or send cryptocurrency for anyone, and it does not give financial advice.