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CeFi's main goal is to develop cryptocurrency investment options that combine some of the return advantages of DeFi with the simplicity and security of conventional financial services products. #Binance #cefi
CeFi's main goal is to develop cryptocurrency investment options that combine some of the return advantages of DeFi with the simplicity and security of conventional financial services products.

#Binance #cefi
Centralization Exchange will remain a necessity in the crypto worldCrypto is indeed built on the word decentralization, but in reality decentralization is not the main answer for the growth of crypto developments. Where the need for the word security and comfort is still very much needed. Security is one of the main benchmarks why centralization is still needed. Because the language of honesty is more and more difficult to come by, and in the end the problem of financial security for users is the main point that is the goal of establishing an exchange is still the best choice for users.   Image by Satheesh Sankaran from Pixabay  Where with the existence of data exchange and user finance, especially crypto, can be maintained properly and correctly. But of course based on certain exchange criteria too, because there are lots of exchanges out there that have doubtful credibility. Image by Muhammad Salman from Pixabay  And as an example of a centralized and trustworthy exchange is the Binance Exchange, where it is not just security that is offered by the Binance Exchange , but also the existence of completeness in the types of exchange market types offered as well as the existence of conditions for the large investment of investors from various parts of the world that become proof that the Binance Exchange is indeed the best exchange of exchanges that has ever existed in the crypto community's journey until this date. The presence of the Binance exchange as the main forum that bridges between investors, buyers, sellers and also users really becomes a reference for other exchanges. Where the need is not just security and also trading issues but also a place for various things such as the NFT market, writing, loans, as well as good enough availability for the Binance community itself. Image by Satheesh Sankaran from Pixabay  But it's not appropriate if you just look at the advantages anyway, where naturally there must be drawbacks. Where these deficiencies can be taken as feedback to improve the condition of Binance in the future. Perhaps the highlight is the user-friendliness and ease of explanation for users regarding the display form of mobile applications and websites for users, as well as the issue of readiness for the Binance exchange to be accessible in every country without having to use a VPN to be able to surf in cyberspace. -===- #cefi #Binance #crypto #crypto2023

Centralization Exchange will remain a necessity in the crypto world

Crypto is indeed built on the word decentralization, but in reality decentralization is not the main answer for the growth of crypto developments. Where the need for the word security and comfort is still very much needed. Security is one of the main benchmarks why centralization is still needed. Because the language of honesty is more and more difficult to come by, and in the end the problem of financial security for users is the main point that is the goal of establishing an exchange is still the best choice for users.

 

Image by Satheesh Sankaran from Pixabay 

Where with the existence of data exchange and user finance, especially crypto, can be maintained properly and correctly. But of course based on certain exchange criteria too, because there are lots of exchanges out there that have doubtful credibility.

Image by Muhammad Salman from Pixabay 

And as an example of a centralized and trustworthy exchange is the Binance Exchange, where it is not just security that is offered by the Binance Exchange , but also the existence of completeness in the types of exchange market types offered as well as the existence of conditions for the large investment of investors from various parts of the world that become proof that the Binance Exchange is indeed the best exchange of exchanges that has ever existed in the crypto community's journey until this date.

The presence of the Binance exchange as the main forum that bridges between investors, buyers, sellers and also users really becomes a reference for other exchanges. Where the need is not just security and also trading issues but also a place for various things such as the NFT market, writing, loans, as well as good enough availability for the Binance community itself.

Image by Satheesh Sankaran from Pixabay 

But it's not appropriate if you just look at the advantages anyway, where naturally there must be drawbacks. Where these deficiencies can be taken as feedback to improve the condition of Binance in the future. Perhaps the highlight is the user-friendliness and ease of explanation for users regarding the display form of mobile applications and websites for users, as well as the issue of readiness for the Binance exchange to be accessible in every country without having to use a VPN to be able to surf in cyberspace.

-===-

#cefi #Binance #crypto #crypto2023
Binance: A leading crypto exchange Binance, which is one of the largest cryptocurrency exchanges in the world, has played a significant role in the adoption of cryptocurrencies in several ways: Wide range of cryptocurrencies: Binance offers a wide range of cryptocurrencies for trading, making it easier for people to invest in various digital assets. User-friendly platform: Binance has a user-friendly platform that allows individuals to buy and sell cryptocurrencies easily, even if they are new to the world of crypto. Security: Binance has implemented robust security measures to protect users' assets, which has helped to build trust among investors. Education: Binance offers educational resources such as blog posts, webinars, Meet-up and videos to help users understand cryptocurrencies and blockchain technology better. Innovation: Binance has been at the forefront of introducing innovative products and services such as staking, lending, and margin trading, which has expanded the use cases for cryptocurrencies. Overall, Binance has helped to make cryptocurrencies more accessible and understandable for the general public, which has contributed to the adoption and mainstream acceptance of cryptocurrencies. #Binance #crypto #cedefi #cefi #BNB

Binance: A leading crypto exchange

Binance, which is one of the largest cryptocurrency exchanges in the world, has played a significant role in the adoption of cryptocurrencies in several ways:

Wide range of cryptocurrencies: Binance offers a wide range of cryptocurrencies for trading, making it easier for people to invest in various digital assets.

User-friendly platform: Binance has a user-friendly platform that allows individuals to buy and sell cryptocurrencies easily, even if they are new to the world of crypto.

Security: Binance has implemented robust security measures to protect users' assets, which has helped to build trust among investors.

Education: Binance offers educational resources such as blog posts, webinars, Meet-up and videos to help users understand cryptocurrencies and blockchain technology better.

Innovation: Binance has been at the forefront of introducing innovative products and services such as staking, lending, and margin trading, which has expanded the use cases for cryptocurrencies.

Overall, Binance has helped to make cryptocurrencies more accessible and understandable for the general public, which has contributed to the adoption and mainstream acceptance of cryptocurrencies.

#Binance #crypto #cedefi #cefi #BNB
👋 Have you secured your crypto centralized exchange? 🛡️ There are 3 layers of security to be applied on securing your crypto centralized exchange: Layer 1: Find a reputable exchange with a great history, team, and founder. Remember humans are a great investment because we trade with other humans. 👥 Place a strong password on your CEX, make sure it is not only 8 words or signs, the longer the better, and don’t use the same password on any other of your accounts. 🔒 If there is an update on the CEX application, please update it as they might reduce bugs or add extra security. 📲 Layer 2: Once you are done with layer 1, now it's time to set up your 2FA (two-factor authentication). SMS 2FA is no longer safe and not recommended anymore due to the possibility of SIM swap. 📵 Email 2FA is better than SMS. Make sure you use a 2FA app on your email instead of SMS 2FA. 📧 Application 2FA is more sophisticated compared to SMS or email 2FA. Examples are Google Authenticator or Authy. 🔑 Layer 3: Biometrics are used to prevent other people from using your ID, for instance, face biometrics or fingerprint. 🤖 YubiKey is the highest level of security that you may need as your account goes higher. This is a physical key that needs to be plugged when you enter your account, so other people can’t enter your account without it. Compared to all 2FA that are available in layer 2 that are free to access and create without buying anything, YubiKey needs additional investment as it has a price tag on it and makes your account more secure. 🔑🔒 📝 Notes: This is for CEX security only. If you are heavily into DeFi, we recommend using a hardware wallet and remembering where you place your key. 💡 {crypto, cryptosecurity, security, biometric, yubikey, 2fa] #crypto #cryptoextraction #cryposecurity #crypto2fa #2fa #cefi #centralized #exchange
👋 Have you secured your crypto centralized exchange?

🛡️ There are 3 layers of security to be applied on securing your crypto centralized exchange:

Layer 1:
Find a reputable exchange with a great history, team, and founder. Remember humans are a great investment because we trade with other humans. 👥
Place a strong password on your CEX, make sure it is not only 8 words or signs, the longer the better, and don’t use the same password on any other of your accounts. 🔒
If there is an update on the CEX application, please update it as they might reduce bugs or add extra security. 📲

Layer 2:
Once you are done with layer 1, now it's time to set up your 2FA (two-factor authentication).
SMS 2FA is no longer safe and not recommended anymore due to the possibility of SIM swap. 📵
Email 2FA is better than SMS. Make sure you use a 2FA app on your email instead of SMS 2FA. 📧
Application 2FA is more sophisticated compared to SMS or email 2FA. Examples are Google Authenticator or Authy. 🔑

Layer 3:
Biometrics are used to prevent other people from using your ID, for instance, face biometrics or fingerprint. 🤖
YubiKey is the highest level of security that you may need as your account goes higher. This is a physical key that needs to be plugged when you enter your account, so other people can’t enter your account without it. Compared to all 2FA that are available in layer 2 that are free to access and create without buying anything, YubiKey needs additional investment as it has a price tag on it and makes your account more secure. 🔑🔒

📝 Notes: This is for CEX security only. If you are heavily into DeFi, we recommend using a hardware wallet and remembering where you place your key. 💡

{crypto, cryptosecurity, security, biometric, yubikey, 2fa]

#crypto #cryptoextraction #cryposecurity #crypto2fa #2fa #cefi #centralized #exchange
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Crypto updates October 8 2023🪴 🍀 HTX company was able to return 8 million dollars of the stolen money and in return rewarded the hacker with 250 Ethereum. In September, 5000 Ethereum was hacked from HTX 🍀 Stars Arena resumed its activity after upgrading its security system and successfully testing it. Almost 3 million dollars of AVAX digital currency was hacked from Stars Arena and according to reports, the hacker sent these assets to Fixed Float exchange. 🍀 A member of the Federal Reserve said in a recent comment, the labor market situation is really promising, but inflation is still too high. He still did not mention how long the Federal Reserve is going to keep interest rates high Follow and comment plz 🤲✌️🇦🇫🍀 #DeFiChallenge #cefi $DOT $SOL $BNB
Crypto updates October 8 2023🪴

🍀 HTX company was able to return 8 million dollars of the stolen money and in return rewarded the hacker with 250 Ethereum. In September, 5000 Ethereum was hacked from HTX

🍀 Stars Arena resumed its activity after upgrading its security system and successfully testing it. Almost 3 million dollars of AVAX digital currency was hacked from Stars Arena and according to reports, the hacker sent these assets to Fixed Float exchange.

🍀 A member of the Federal Reserve said in a recent comment, the labor market situation is really promising, but inflation is still too high. He still did not mention how long the Federal Reserve is going to keep interest rates high

Follow and comment plz 🤲✌️🇦🇫🍀
#DeFiChallenge #cefi
$DOT $SOL $BNB
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