DeFi News

One effect of cryptocurrency is that its tenets and technology have provided the foundation for a new type of finance. This is decentralized finance, also known as DeFi. Traditional financial institutions have offered services such as loans, derivatives, and money storage for quite a while now.

What makes DeFi different is that it gives users more control over how they store or handle their assets, thanks to the distributed ledger tech (DLT) and smart contracts that make everyone involved abide by prearranged rules.

The DeFi sector has been on the rise lately and TradeCrypto is regularly reporting about the related developments, so check out our DeFi news today. And to find out more, we’ll point you in the direction of our DeFi Academy and its helpful guides.