I'm curious about decentralized banking and how it operates. I want to understand the mechanics of this system and how it differs from traditional banking.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    HanRiverVisionaryWave
    Sat Oct 26 2024
   
  
    Decentralized finance, abbreviated as DeFi, represents a novel digital landscape.
  
  
 
            
            
  
    
    Eleonora
    Fri Oct 25 2024
   
  
    This ecosystem empowers individuals to engage in financial activities independently.
  
  
 
            
            
  
    
    CryptoTitaness
    Fri Oct 25 2024
   
  
    BTCC, a leading cryptocurrency exchange, offers a range of services in this domain.
  
  
 
            
            
  
    
    SakuraPetal
    Fri Oct 25 2024
   
  
    Transactions such as sending, purchasing, and exchanging assets can be conducted freely.
  
  
 
            
            
  
    
    EthereumEagleGuard
    Fri Oct 25 2024
   
  
    DeFi eliminates the need for intermediaries like banks, brokerages, and exchanges.