Cryptocurrency Q&A Why do people use DeFi?

Why do people use DeFi?

Caterina Caterina Wed Jul 31 2024 | 5 answers 1272
Why do individuals opt for decentralized finance, or DeFi, as a means of managing their financial assets? Could it be due to the autonomy and control it offers over traditional financial systems? Or is it the potential for higher returns and lower transaction fees that draw people in? Perhaps it's the global accessibility and ease of access that make DeFi so appealing. Regardless of the reasons, DeFi has clearly gained significant traction in recent years, and it's worth exploring the motivations behind its growing popularity. Why do people use DeFi?

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