DeFi (Decentralized Finance): Utilizes blockchain, no intermediaries, smart contracts automate financial activities, user control over funds, permissionless access.
CeFi (Centralized Finance): Traditional financial model, intermediaries like banks involved, custodial services, regulatory compliance, customer support, and fiat gateways.
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DiD You Know Different Between DeFi & CeFi
DeFi (Decentralized Finance): Utilizes blockchain, no intermediaries, smart contracts automate financial activities, user control over funds, permissionless access.
CeFi (Centralized Finance): Traditional financial model, intermediaries like banks involved, custodial services, regulatory compliance, customer support, and fiat gateways.