Beginner-Friendly Education
Title: DeFi vs. CeFi: Understanding the Big Difference 💡
Body:
Are you a beginner confused by all the terms? Let's break down the difference between DeFi and CeFi in one simple post.
* CeFi (Centralized Finance): Think of a traditional bank. A central company (like Binance) holds your funds and manages everything for you. It's user-friendly and offers customer service, but you trust a third party with your assets.
* DeFi (Decentralized Finance): This is a peer-to-peer system that runs on code. You have full control of your assets with a non-custodial wallet (like Trust Wallet or MetaMask). It offers more freedom and transparency, but you are 100% responsible for your own security.
Which one do you prefer and why? Share your thoughts below!
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