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Understanding the Core: DeFi vs CeFi

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Defi vs Cefi

CeFi crypto loans are offered by centralized entities that act as intermediaries, similar to traditional financial institutions. Platforms like Binance and Coinbase manage the entire process, including matching lenders and borrowers, handling collateral, and setting interest rates. This model requires you to trust the platform to manage your funds and remain solvent. In exchange, you …

The post Understanding the Core: DeFi vs CeFi appeared first on Cryptoknowmics-Crypto News and Media Platform.

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