Template:MainPage DeFi: Difference between revisions
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[[DeFi]] (an abbreviation of "decentralized finance") most often refers to the practice of trading cryptocurrencies and tokens directly with other individuals or entities using tools provided by [[Glossary#Decentralized_Exchange|decentralized exchanges]]. | [[DeFi]] (an abbreviation of "decentralized finance") most often refers to the practice of trading cryptocurrencies and tokens directly with other individuals or entities using tools provided by [[Glossary#Decentralized_Exchange|decentralized exchanges]]. | ||
The environment around digital currencies and the platforms used to trade them is still a very risky one, rife with code exploits, deceptive and manipulative practices, scammers, hackers, and regulatory agencies still trying to catch up, as well as the usual pitfalls associated with trading volatile assets online | The environment around digital currencies and the platforms used to trade them is still a very risky one, rife with code exploits, deceptive and manipulative practices, scammers, hackers, and regulatory agencies still trying to catch up, as well as the usual pitfalls associated with trading volatile assets online. | ||
[[File: | A list of popular sites, including an in-depth, free to use, multimedia resource by [https://twitter.com/CryptoFinally CryptoFinally], can be found at [[DeFi|this wiki's main article on DeFi]], but it is by no means exhaustive. | ||
[[File:Screenshot 2023-09-05 at 6.50.29 PM.png|thumb|alt=Screenshot of coingecko.com taken on 2023 September 5|Screenshot of coingecko.com taken on 2023 September 5]] | |||
Revision as of 00:02, 6 September 2023
DeFi (an abbreviation of "decentralized finance") most often refers to the practice of trading cryptocurrencies and tokens directly with other individuals or entities using tools provided by decentralized exchanges.
The environment around digital currencies and the platforms used to trade them is still a very risky one, rife with code exploits, deceptive and manipulative practices, scammers, hackers, and regulatory agencies still trying to catch up, as well as the usual pitfalls associated with trading volatile assets online.
A list of popular sites, including an in-depth, free to use, multimedia resource by CryptoFinally, can be found at this wiki's main article on DeFi, but it is by no means exhaustive.
