Do you want to send money, borrow cash, or earn interest without using a bank? You can do all this today using something called decentralized finance, or DeFi for short. This new way of handling money lets you control your own cash from anywhere in the world. DeFi is a way to do money tasks like borrowing, lending, and trading on a blockchain without using a traditional bank. Instead of a bank, DeFi uses smart contracts to automatically run these financial services. This means you do not need anyone's permission to use it. For a long time, we had to trust big banks to keep our money safe. We had to pay them high fees and ask for their permission to move our own funds. But today, the world of cryptocurrency is changing how we think about money. If you want to learn about this space, you can find great guides on CryptocurrenciesWorlds . In this guide, I will explain how DeFi works in simple terms. I will also show you how to get started and how to keep your funds safe. Let...
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