DEFI: What is Defi? A Beginner's Guide to Decentralized Finance!

What is Defi? Defi is an abbreviation of decentralized finance, which is an umbrella term that encompasses many financial concepts and projects based on decentralized technology. Defi can also be seen as decentralized currency or decentralized exchange, about the digital currencies that are used by the projects in the Decentralized Finance space. Cryptela offers you the authentic crypto news to you guys and to stay in touch. Hit subscribe button along with the bell icon to keep yourself updated with our crypto updates.Also never miss to check out our website www.cryptela.com. In This video Cryptela will cover the following Topics: Why should you invest in crypto? Why should you invest in Tokens (utility tokens)? Why should you invest in Utility Tokens through ICOs? Is investing in the crypto market risky? How you can store cryptocurrency investments safely? The difference between an Altcoin and a Token (Utility Token) The difference between an Altcoin and a Utility Token ICO Why are utility tokens useful outside of the network they are built on? Where can you find ideas for buying utility tokens and altcoins? Why Defi is a good option?