1️⃣ Let's start exploring the world of
#Binance together, do you know what DeFi means?! 🚀 Did you know that finance can be without banks?
DeFi means "Decentralized Finance".
🧐 What does this mean? DeFi is a financial services system that does not depend on banks or traditional intermediaries. Instead of borrowing from a bank, for example, you can do it through decentralized platforms where people lend and borrow money directly from each other.
🤖 How does it work?
DeFi uses blockchain (the technology behind cryptocurrencies) to ensure that all data is transparent and secure. This eliminates the need to trust a bank or financial institution.
💡 Why is it important?
With DeFi, you can:
Lend and borrow money without banks.
Exchange cryptocurrencies faster and cheaper.
Invest in projects without intermediaries.
🔗 #DeFi #DecentralizedFinance #Blockchain #CryptoForBeginners
#AprendiendoCrypto #KMM