Decentralised finance,Deci versus the Centralised finance, Cefi

[Stardom22]

So according to you which program do you participate on the earning for extra crypto currency on. Because both of them seems very promising means of crypto passive earning means?

 

[Suba]

Defi works based on blockchain by implementing smart contracts where users can transact with each other without a third party transparently such as buying/selling, borrowing and lending crypto, exchanging etc. While CeFi is like a crypto exchange in general that we know Binance, Kucoin etc. To use DeFi we must have smart contract expertise.