Beginner’s Guide to Decentralized Finance - the video explanation

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Viktoria, from the QDAO DeFi team, gives an introductory overview of the industry and explains the first steps you need to make in order to take advantage of the opportunities that DeFi offers.  

QDAO DeFi is developed by "Platinum Software Development Company " - one of the most trusted and experienced engineering blockchain teams in APAC for DeFi developments.  

If you want to create any DeFi dApp on any blockchain technology such as Polkadot / Ethereum / Ton / BINANCE Smart Chain / we are happy to give you 1hour FREE consultation and share our experience with us.  

Contact us right now: https://platinum.fund/en? Decentralized finance, or simply DeFi, is an alternative to centralized finance (CeFi). It combines a variety of financial services such as trading, lending, borrowing and transactions. DeFi’s main difference from its centralized counterpart is that it utilizes the decentralized infrastructure of decentralized finance, blockchain and smart contracts to operate. Year after year, DeFi is gaining momentum.  

At the beginning of 2021, the DeFi industry crossed the $22b total value locked mark. Now is the right time to figure out all the terms and to uncover the benefits it presents. Viktoria, from the QDAO DeFi team, gives an introductory overview of the industry and explains the first steps you need to make in order to take advantage of the opportunities that DeFi offers.  

Covering:

?? Step one: find an on-ramp centralized exchange

?? An explanation of how CEX operates, using the example of Binance, Crypto, Kraken and COINBASE

?? Step two: choose a DeFi wallet

?? Good options: MetaMask, Trust Wallet

?? How to connect your wallet to the DeFi platform

?? Step three: choose your blockchain, for example, BSC or Ethereum

?? What blockchain native tokens are and what they are used for

?? Step four: choose a DeFi app and use our tutorials to help you get accustomed to the process and comfortable with making

decisions     

 

Our QDAO experts always share the best and most useful news from the entire DEFI market, looking for fresh insights and the best trading opportunities. ??????

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