Cryptocurrency Q&A
What is CFI vs DeFi?
What is CFI vs DeFi?
Carolina
Mon Nov 11 2024
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6 answers
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CFI stands for Certified Financial Instrument, an international financial certification assessing professionals' knowledge and skills in financial instrument trading, risk management, and investment decision-making. On the other hand, DeFi, short for Decentralized Finance, refers to financial services and applications based on blockchain technology, aiming to automate traditional financial products and services in a decentralized manner without central authorities or intermediaries.
6 answers
Carlo
Wed Nov 13 2024
Conversely, DeFi facilitates peer-to-peer transactions without relying on a centralized exchange.
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DigitalLordGuard
Wed Nov 13 2024
CeFi shares similarities with traditional centralized finance models.
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EclipseRider
Wed Nov 13 2024
In centralized finance, banks and exchanges play a pivotal role in managing currency and transaction flows.
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CryptoNinja
Tue Nov 12 2024
This decentralized approach to finance offers a unique alternative to traditional centralized models.
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CherryBlossomGrace
Tue Nov 12 2024
Both CeFi and DeFi have their own sets of advantages and disadvantages.
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