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