DEFI has come to stay without discriminating anyone and giving you total control of your assets, you manage your finances as you want when you want without intermediaries without paperwork with just being connected to a computer and internet, now everyone talks about the Defi as a project that came to destroy the centralization as every project has its rivals who work promoting laws to not advance so innovative and important projects that make not only your investments but also the culture evolves in such a way that in several banking centers are already being molded to this system.

Other nations such as the united states speak of a ban on digital currencies all for the control of global finance but friends this is as something inevitable the development of the DEFI is echo all encompasses projects such as smart contracts work 1 to 1 without intermediaries the safest transactions in the world and become very easy I want to talk about an exchange that works with DEFI technology.

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Binance exchange

The biggest exchanger of all for me is Binance, it was created in 2013 along with blockchain is a decentralized exchange more powerful in the world with thousands of coins even supports new projects, is very safe and easy to work through a network of nodes and private keys that are stored and then be managed by the user in your wallet if you want binance created its first coin (BNB) in 2018 ciendo at that time just an ico. currently has a value of over $ 267 yesta in the number #3 position in coinmarketcap, to be part of this great exchange you need a KYC verification,

Source

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Advantages and Disadvantages of Binance

advantages:

•Very fast and easy registration

•You can make a demo account to practice trading.

•No minimum deposit required

•Low commissions at the time of withdrawal

•P2P credit card purchases with currencies and P2P transfers for this you need KYC.

•If you use BNB currency you get discounts on transactions.

Disadvantages:

•For some transactions you are required to be KYC verified.

•The card is a cryptocurrency card with no fiat option.

•When we talk about credits it is a relatively new service so it presents a problem when taking an amount of cryptocurrencies and has pre-established deadlines when other exchanges do not have deadlines.

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CONCLUSION

DEFI has brought great benefits to the cryptographic community in the world, it does not discriminate, it is for everyone, which indicates that every day it gets stronger and spreads around the world reaching these great companies every home and every investor in the world, but as every great project brings a great responsibility, this is for everyone, every user who invests, everyone who enters this cryptographic world, because everywhere there are malicious people waiting like wolves for the opportunity to defraud.

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Cc:
@gbenga
@steemcurator01
@steemcurator02

THANK YOU