What is Defi crypto?
When I am writing this article, Bitcoin has reached its new all-time high price i.e $60,440. The price on the same day in the last year was under $8,000. So, you can well imagine how big bitcoin and other crypto prices have gone. To expand further its reach many large exchanges and platforms like Celsius have now introduced Defi Staking. It enables users to borrow and lend cryptocurrencies and earn interest. All the financial services are done using smart contracts instead of traditional financial services.
Advantages of cryptocurrency Defi
With the increasing trend of investing in cryptocurrency, exchanges are streamlining its utilization. Therefore, we are seeing now Binance Card as well as a Coinbase visa debit card to use crypto assets in our daily life. Similarly, crypto financial services were also in need of the hour and users are now getting benefits out of it. The following are the benefits of Defi.
- Quick and easy availability of services
- No intermediaries like banks, lawyers, or other paperwork
- A strong and healthier financial network
- no chances of human error mismanagement
How can I get Defi services?
Well, there are many crypto platforms right now that are offering such services. However, what I am going to recommend is Celsius. Simply sign up on Celsius by clicking here and avail the best financial services. This is the platform you can also operate using its mobile applications. So, simply buy a cryptocurrency and transfer that into Celsius wallet to earn a profit. Similarly, you can borrow crypto from it to trade and eventually make a profit.
Why Celsius is the best for Defi?
Celsius offers you decentralized financial services in a very easy and simple way. The following things make it the best Defi platform.
- There is full transparency
- A free reward of $10
- User-friendly interface
- Direct curated services
Hence, if you are looking for Defi crypto services then start right from here.
If you further questions about Defi then ask in our private Facebook Group.