DeFi means Decentralized Finance. It’s a system that uses blockchain to offer financial services like lending, borrowing, or earning interest—without relying on banks or middlemen.
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FAQ’S
Frequently Asked Quetions
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What is DeFi?
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What is a crypto exchange?A crypto exchange is an online marketplace where people buy, sell, or trade cryptocurrencies. It works like a stock exchange, but instead of company shares, you’re trading digital coins like Bitcoin or Ethereum.
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What is a stablecoin?A stablecoin is a type of cryptocurrency designed to have a stable value, usually tied to real-world money like the US dollar. This makes it useful for payments, savings, or moving funds without worrying about big price swings.
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What is mining in crypto?Mining is the process of using computers to solve puzzles that keep certain blockchains secure, like Bitcoin. Miners are rewarded with new coins for their work, but today it often requires powerful machines and lots of electricity.
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What is DeFi?DeFi means Decentralized Finance. It’s a system that uses blockchain to offer financial services like lending, borrowing, or earning interest—without relying on banks or middlemen.
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What is an NFT?An NFT (Non-Fungible Token) is a unique digital asset that proves ownership of something, like art, music, or in-game items. Unlike Bitcoin, each NFT is one-of-a-kind and can’t be swapped for another in equal value