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Question

What are decentralized finance coins?


Answers (1)

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Arsalan Afzal
Feb 21, 2022 11:31:17

There are a number of different decentralized finance (DeFi) coins out there, but they all essentially work in the same way. DeFi coins are built on top of blockchain technology and allow users to create financial contracts without the need for a third party. This makes them extremely secure and reliable, and also allows for greater transparency and accountability. Some of the most popular DeFi coins include Ethereum, Bitcoin, Litecoin, and Ripple. Each of these coins has its own unique features and benefits, so it's important to do your research before you choose one. But overall, DeFi coins represent a much safer and more efficient way to conduct financial transactions online.

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