You are viewing a single comment's thread from:
RE: Steemit Crypto Academy Contest / S4W2 - Decentralized Finance by @fombae
Your explanation of decentralized finance, its importance, and its difference from CeFi are good.
Offers transactions at no extra cost
However, I don't accept this because to me CeFi transaction charges are sometimes more when compared to DeFi, they charge on each transaction and also we pay maintenance and alert fee.
DeFi is something to be very informed about before finally making up your mind to invest in
Yes, DeFi is not something you can just go into without acquiring knowledge about it, unlike CeFi which anyone can use. Thank you for sharing and Good luck with the contest.
#letscomment
Curated By - @lavanyalakshman
Curation Team - Team 3