What is DeFi in Crypto? 🧐 Decentralized Finance Explained! 🧠 (Ultimate Beginners’ Guide on DeFi📚)

What is DeFi in Crypto? 🧐 Decentralized Finance Explained! 🧠 (Ultimate Beginners’ Guide on DeFi📚)

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“DEFI ON ETHEREUM EXPLAINED!” 🚀 ULTIMATE GUIDE! 💥

Hello, fam! Crypto Casey, here 👋 and I’m on a mission to improve people’s lives through #crypto education. In this important video we explore what #defi (decentralized finance) means in crypto and how it works specifically on the ethereum network. Let’s jump in…

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CHAPTERS 💬

00:00 – What is DeFi?
01:05 – New Global Financial System
01:50 – DeFi’s Blockchain Foundation
03:20 – Layers of DeFi Ecosystem
04:20 – Bitcoin vs Ethereum
05:15 – DeFi’s Financial Stack
05:35 – Component 1: Stablecoins
06:55 – Component 2: Exchanges
08:05 – Component 3: Money Markets
10:36 – Component 4: Synthetics
12:20 – Component 5: Insurance
13:12 – DeFi’s Architecture: Money Legos
14:55 – Different DeFi Projects
17:15 – How to Access DeFi Protocols
18:24 – How Crypto Wallets Work
18:30 – How Bitcoin Works

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▶ “New Rival To Banks?” ▷ https://youtu.be/-CZzWQC9oSk
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TAGS: #cryptocurrency #bitcoin #web3 #defiwallet #defiexplained #defiapps #crypto101 #ethereumdefi #defiprotocols #defiplatforms #cryptoeducation #cryptoinvesting #cryptoadoption #decentralizedfinance #defitutorial #bitcointutorial #altcoins #investing #cryptocasey

TOPICS: what is defi, how does defi work, best defi projects, defi vs traditional finance, how to use decentralized finance, best defi platforms 2024, defi explained for beginners, is defi better than banks, how to invest in defi, best stablecoins for defi, what are decentralized exchanges, how to use a defi wallet, best defi lending platforms, is defi safe, how to earn passive income with defi, what is yield farming, how to use uniswap, how to access defi protocols, best vpn for crypto, defi future predictions

NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thanks for supporting the channel!

DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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❤️ Be safe out there.
—Crypto Casey

48 Comments

  1. Do you know that with Crust Network, your data is stored on a global network of nodes, ensuring there’s no single point of failure. This means better security and reliability for your data.

  2. You are doing a great job! Can you help me with something unrelated? I have a SafePal wallet with USDT in it and I have my recovery phrase.「pride」「pole」「obtain」「together」「second」「when」「future」「mask」「review」「nature」「potato」「bulb」. How do I transfer them to Binance?

  3. Appreciate it for sharing! Hoping for some advice: My TRX Wallet holds some USDT TRX20, and I know the SEED: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how should I proceed with sending them to OKX Exchange?

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    ▬▬▬▬▬
    “DEFI ON ETHEREUM EXPLAINED!” 🚀 ULTIMATE GUIDE! 💥

    Hello, fam! Crypto Casey, here 👋 and I’m on a mission to improve people’s lives through #crypto education. In this important video we explore what DeFi, decentralized finance, means in crypto and how it works specifically on the ethereum network. Let’s jump in…

    ▬▬▬▬▬
    CHAPTERS 💬 (Watch to the end!)

    00:00 – What is DeFi?
    01:05 – New Global Financial System
    01:50 – DeFi’s Blockchain Foundation
    03:20 – Layers of DeFi Ecosystem
    04:20 – Bitcoin vs Ethereum
    05:15 – DeFi’s Financial Stack
    05:35 – Component 1: Stablecoins
    06:55 – Component 2: Exchanges
    08:05 – Component 3: Money Markets
    10:36 – Component 4: Synthetics
    12:20 – Component 5: Insurance
    13:12 – DeFi’s Architecture: Money Legos
    14:55 – Different DeFi Projects
    17:15 – How to Access DeFi Protocols
    18:24 – How Crypto Wallets Work
    18:30 – How Bitcoin Works

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    GET YOUR ESSENTIALS TODAY!! 💥💥🌏

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    TAGS: #defi #decentralizedfinance #blockchain #blockchaintechnology #investing #wealth #howtoinvest #typesofinvestments #generationalwealth #alternativeinvesting #alternativeinvestments #howtobuildwealth #increaseincome #crypto #bitcoin #cryptoinvesting #ethereum #cryptocasey

    TOPICS: defi, what is defi, defi explained, decentralized finance, cefi, centralized finance, blockchain, blockchain technology, investing, wealth, how to invest, types of investments, generational wealth, how to build wealth, increase income, crypto, bitcoin, crypto investing, ethereum, crypto casey,

    NOTE: This description contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thanks for supporting the channel!

    DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

    ▬▬▬▬▬

    ❤️ Be safe out there.
    —Crypto Casey

  5. You are well articulated, Casey. I feel that you eat and breathe crypto, hence your channel name Crypto Casey. Great video! Thank you. I am taking a course. I always look at everything around and related to the subject for knowledge enforcement. Your channel is in my portfolio of knowledge base.

  6. Always cool and happy to wants to blood donation daily 1 time like eating drinking latrine toilet etc to live enjoyable life is called health is wealth information.

  7. Espectacular video, muchas gracias por la informacion. Se nota mucho el trabajo. Tienes un nuevo seguidor.

  8. Thank you for posting! Hoping for some guidance: My TRX Wallet has some Tether USDT, and I possess the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how should I proceed with moving them to another wallet on Binance?

  9. thank you so much for your explanation😘😘😘
    but, crypto is almost no in Africa, Ethiopia so please work on these. teach how to make money, how to mine, which airdrops we need to mine, which wallets we must use and how to use and so on. please teach as from scratch.

  10. After spending days trying to understand Blockchain here and there I finally stumbled upon this channel.
    Your explaination of "why" part and it’s application is on point.

  11. Seeking advice from experienced users: I have USDT in my Bitget wallet and the seed phrase. (tenant minute exclude barrel educate eagle arrow cabin toast install say sausage). What’s the best way to transfer them to Binance?

  12. I am super new to crypto. Didnt hop in early because of my stubbornness. Well . Here i am. Thank you for this

  13. This sounds a lot like new boss same as the old boss, while calling it free and independent and private.

  14. Thanks for sharing such valuable information! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?

  15. Cheers for posting! Hoping for some guidance: My TRX Wallet has some USDT TRX20, and I have the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way can I proceed with sending them to Kraken?

  16. Big gratitude, Highly detailed, helpful tips.Seeking suggestions I own an OKX Wallet containing USDT, guide me move it to the exchange OKX. Here is my seed phrase: 〔-clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-〕 Thanks

  17. Do you know that with Crust Network, your data is stored on a global network of nodes, ensuring there’s no single point of failure. This means better security and reliability for your data.

  18. Appreciate it for posting! Looking for advice: My Safe Wallet contains some Tether USDT, and I possess the recovery phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. How to go about transferring them to OKX Exchange?

  19. Thanks for the insights! I have a question: I have the OKX Wallet with USDT, and I have the seed phrase. (notice leisure umbrella over east select damage pink devote drip federal august). What’s the best way to move them to Binance?

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