Cryptocurrency Q&A
What is CeFi?
What is CeFi?
Daniele
Sun Dec 15 2024
|
6 answers
1613
I'm curious about CeFi. Could someone explain what it is and provide some background information on this concept?
6 answers
KatanaSharp
Tue Dec 17 2024
These services include centralized exchanges (CEXs), which facilitate the buying, selling, and trading of digital assets.
Was this helpful?
371
36
Valentina
Tue Dec 17 2024
CeFi platforms also provide lending and borrowing options, allowing users to access liquidity and earn returns on their crypto holdings.
Was this helpful?
354
76
AndrewMiller
Tue Dec 17 2024
Spending capabilities are another key feature of CeFi, enabling users to make payments and purchases using their cryptocurrency.
Was this helpful?
285
77
BonsaiStrength
Tue Dec 17 2024
Interest-earning opportunities are available through CeFi, with users able to stake or lend their crypto to earn rewards.
Was this helpful?
250
66
SamuraiSoul
Tue Dec 17 2024
CeFi, also known as centralized finance, offers a range of financial services tailored to cryptocurrencies.
Was this helpful?
94
51
Load 5 more related questions
