As Bitcoin has skyrocketed in the past few days, many new people have begun to participate. What else is there in the currency circle besides spot contracts?
Old leeks should all know that it is Defi
People who have gone through several rounds of bulls and bears must have experienced Defi summer.
How to enter a truly decentralized world? The first thing is to have a hot wallet
metamask, trust wallet, etc...
In a decentralized world, you can borrow money, play games, etc. The point is, you can get some rewards through these.
There are many tutorials on the Internet. It is very easy to apply for a hot wallet by searching online. This will definitely be a necessary tool in the future currency circle.
Of course, the current Defi environment is still very dangerous and not very safe. There are a lot of scams, so there are now centralized exchanges such as Binance and Coinbase to get through this period.
If you want to experience true decentralization, you can go and do some research.
As long as you don’t put too much money in your wallet, there’s nothing wrong with it
Decentralization will definitely replace centralized exchanges such as banks in the future. This is also the reason why virtual currencies were invented.
I hope that after this bull market, more and more people will understand what the currency circle is.