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How Does DeFi Work?
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Dec 2
The other side of the coin in the world of cryptocurrency exchanges is decentralized exchanges. A DeFi exchange differs from a centralized (CeFi) one as they record all transactions directly onto the blockchain. As blockchain acts as an ongoing ledger that is unable to be altered and is public, this provides complete visibility over the entire process. People are beginning to favor decentralized exchanges because they are the ones that are in charge of their own funds. Instead of being stored...
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