logo logo

WWCrypto provides analysis of the crypto market. In addition to tracking updates in the industry. WWCrypto provides the community with real time information and major events.


Digital Membership

Get unlimited insight reports trusted by experts around the globe. Become a Member Today!

View pricing plans

London, UK (HQ)

[email protected]


What is decentralized finance?

Answers (1)

Arsalan Afzal
Feb 22, 2022 06:21:51

It's the future of finance. Decentralized finance, or DeFi for short, is an umbrella term that covers a wide range of financial applications that operate on the blockchain. These applications include decentralized exchanges (DEXes), wallets, lending platforms, and more. The beauty of DeFi is that it removes the need for trust from the equation. Transactions are executed automatically and transparently on the blockchain, so there's no need to worry about whether or not your broker is scamming you or your bank is withholding your money. With DeFi, you can rest assured that your finances are safe and secure.

Top Answer


You must be logged in to post a answer. Login