Why are international money transfers still so expensive (and what to do about it)
This is a familiar story for millions of workers abroad. You work long and hard in a foreign country to support your family back home. You live within your means, carefully setting aside part of your earnings to send abroad. But when you finally initiate a transfer, you face the disheartening reality: huge amounts disappear in fees, the money takes days to arrive, and your loved ones are left anxiously waiting.
What is a digital bank and how does it differ from a traditional bank?
You’ve heard the term 'digital banks', but like many, you may not fully understand what it means. Is it just a bank with a good mobile app? Is it a completely new type of financial institution? The rise of neobanks and other digital platforms has further complicated the situation, leaving millions wondering what distinguishes a 'digital bank' from a traditional bank.
Introducing the Beyond Banking Conference by WeFi: an event aiming to break records
WeFi announced the Beyond Banking Conference — a large-scale international online event that will take place on May 30, 2025. The goal of the conference is to gather more than 100,000 participants from around the world, and an application has already been submitted to the Guinness World Records as the largest virtual blockchain conference in history.
We invite you to the online conference Beyond Banking Conference by WeFi: the innovative future of DeFi and AI
Join WeFi on May 30, 2025, at the Beyond Banking Conference — an innovative online event aimed at rethinking the future of decentralized finance (DeFi) and artificial intelligence (AI). The goal of the conference is to set a Guinness World Record for the largest number of participants at a virtual blockchain conference in 24 hours, bringing together thousands of people from around the world.
Earn like a Bank: Become a Branch of Deobank WeFi and Profit from Every Transaction!
The world of cryptocurrency continues to evolve, offering innovative ways not only to invest but also to earn income. Deobank WeFi presents a unique opportunity for crypto enthusiasts and opinion leaders (KOL) – to become part of the decentralized financial revolution and earn like a real bank.
Deobanks: DeFi Going Mainstream through Blockchain
Author: Tom White, Partner at Benzinga Neobanks once promised a revolution: they were supposed to simplify finance, make it accessible, and attract those excluded by traditional banks. However, over the years, the centralization of neobanks and their reliance on outdated systems have limited their impact.
Deobanks: DeFi Goes Mainstream Through On-Chain Banking
Author: Tom White, Partner at Benzinga Once, neobanks promised a revolution: they were supposed to simplify finance and make it accessible, engaging those who had been overlooked by traditional banks. However, over the years, the centralization of neobanks and their dependence on outdated systems limited their impact.
Deobanks connect the world of cryptocurrencies with everyday life, making digital assets intuitive, spendable, and ready for mass adoption through convenient tools. Published CoinGape Staff April 23, 2025, 08:09 UTC Cryptocurrencies open up a multitude of opportunities, and that potential has not diminished over the past fifteen years. Peer-to-peer transactions, decentralized banking, and a new path to financial independence have been among the promises that cryptocurrencies brought when they finally found their audience. Despite some fundamental issues, they enchant hundreds of millions of people.
Why decentralized banks are built in a way that they do not need trust
When it comes to finance, we talk about trust, agreements, and guarantees. We trust banks (and neobanks) to safeguard our savings, take care of our hard-earned money, process transactions, and provide additional financial services when we need them.
Can Deobanks return control over money to the people?
Most people believe they control their money until they realize the significant limitations imposed on them by traditional banks. Banks are often marketed as safe, accessible, and convenient institutions that allow individuals to easily deposit, withdraw, and manage their money. However, the reality is often quite different. Traditional banking systems impose countless restrictions on their users without sufficient transparency.
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Preparing for the launch of Deobank WeFi: Explosive potential of WFI mining! 🔥
Binance Square, attention! A significant event awaits us at the end of April - the launch of the Deobank WeFi app! This is not just another DeFi application; it is an entire ecosystem on the Deobank WeFi Wechain blockchain, where the utility token WFI plays a key role. And you know what's most interesting? We have a preliminary mathematical calculation that demonstrates the amazing income potential from purchasing and activating ITO for WFI mining (see attached image)!
How does APY work? Understanding this and other key financial indicators
Cryptocurrencies are mainly associated with volatility, which is a source of high risks and high returns. That is why many entering the crypto exchange seek assets with the highest potential returns. In most cases, the metric that can identify ROI (return on investment) is the annual percentage yield (APY). But is this an unshakeable truth? What other parameters affect the profitability of an asset and how should they be weighed to make wise investment decisions in crypto investing?
Deobanks: A New Era of Banking Without Intermediaries
Traditional finance faces numerous criticisms, but its biggest drawback remains its constant and often perpetual dependence on intermediaries. Banks, payment processors, and clearinghouses slow down transactions and increase costs. This system limits access to finance. Neobanks tried to change this formula but retained many old practices. Strict KYC (know your customer) procedures and a lack of transparency mean that users still face challenges in understanding how their funds are managed.
Stablecoins support de-banks, a new generation of decentralized banks offering affordable, efficient, and transparent financial solutions, especially in high-risk areas.
Opinion of Maxim Sakharov, co-founder and CEO of WeFi. Current markets are experiencing a tailwind from tariffs imposed by the US administration and retaliatory measures from trading partners. However, market proponents say that Trump's tariffs are primarily a negotiation strategy, and their impact on business and consumers will remain manageable.
DeBanks: A Revolution in Finance for Billions Unbanked
Hello, crypto enthusiasts! Today we will talk about a revolutionary concept in the world of finance - DeBanks, and how they can change the lives of millions of people deprived of access to traditional banking services. Binance Square is not just a trading platform; it is a place where we discuss the future of finance, and DeBanks certainly deserve our attention.
De-banks solve the problem of financial accessibility! 🚀
Friends, let's talk about how de-banks are changing the financial world and making it accessible for everyone! 🌍
CRYPTOKUBAN
Problem: In our interconnected world, where technology has penetrated all areas of life, over 1.4 billion people remain outside the global financial system. 😱 These are people who do not even have basic banking services such as savings accounts, loans, and secure payment methods.
Friends, let's talk about how to change the rules of the game in the world of finance. Are you tired of meager interest rates on deposits and hidden fees? 😔 Reality vs. Future: Traditional banks: Inflation is eating away your savings, and the returns leave much to be desired. 📉 * DeFi and DeBanks: High returns, complete transparency, and control! 💥 **Why is DeFi a breath of fresh air?** * Returns that delight: Forget about boring interest rates! 📈 * Complete transparency: All operations on the blockchain – no surprises. 🕵️♂️ * Your money – your rules: Full control over your assets. 💼 * Innovations at every turn: Yield farming, staking, and much more! 🤩 **DeBanks: A bridge between tradition and innovation** Imagine a bank that operates on the blockchain. That is a DeBank! 🌉 * Convenience like a regular bank, but with the advantages of DeFi. 🤝 * Transparency and security come first! 🛡️ * Financial products of the future – today! 🔮 **Example: WeFi – your guide to the world of DeFi** WeFi makes DeFi simple and accessible for everyone! * High and competitive rates. 💰 * Complete transparency of all operations. * Choice: Custodial or non-custodial storage.
Forget about banks: DeFi and de-banks – your new financial world!
Friends, let's talk about how to change the game in the world of finance. Are you tired of meager interest rates on deposits and hidden fees? 😔
**Reality vs. Future:** * Traditional banks: Inflation eats away at your savings, and returns leave much to be desired. 📉 * DeFi and de-banks: High incomes, complete transparency, and control! 💥