First, you need to understand what decentralization is. Decentralization is a general term for financial products and services; it is an open global financial system designed specifically for the Internet age, and anyone with an Internet connection can use it. It offers the opportunity to access global markets and can become an alternative to local currency or banks. Therefore, it is also known as a decentralized financial system.
Decentralized products are suitable for all financial services connected through the Internet and are primarily managed and maintained by the users. To date, hundreds of billions of dollars in cryptocurrencies have been transferred through decentralized applications, and this number continues to grow every day. It is a booming cryptocurrency economy, where you can lend, make long/short trades, earn interest, among other things.#BinanceMegadropSolv $BNB
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