

How does DeFi borrowing connect to CeFi lending/saving?
CeFi facilitates borrowing of money against your crypto holdings as collateral like the traditional assets method for bank loans.
CeFi facilitates borrowing of money against your crypto holdings as collateral like the traditional assets method for bank loans.
Having made its debut in 2009, bitcoin was the pioneer cryptocurrency. At the time, its existence – or rather adoption – was limited to a small community of avid techies interested in anonymity while operating in the deep web and using cutting-edge blockchain tech.
To properly define a decentralized exchange, we will first need to define both terms. What do we mean by an exchange? And what do we mean when we say something is decentralized?
A cryptocurrency exchange is an online crypto marketplace. It makes it possible for people to trade their digital assets securely. Examples of exchanges include Binance, Coinbase, and Coinmama.