What is Centralized Finance?

Описание: ► Looking to understand crypto a little better? Well, you’re in luck. Today’s question of the day: What is Centralized Finance?

Opposite of decentralized finance, centralized finance, or CeFi, indicates the centralization of funds through one main platform. Want to learn more? Stay tuned for more crypto terms to come, and get to understand the industry one key term at a time. ◄

“Crypto Terms” is your key term hub. Think of it as a crypto dictionary. We’ll be breaking down an array of vocabulary words as simply as we can to make it easy to understand. Discover new key terms that you’ve been meaning to learn more about. You may even find new ones! Whether you’re new to cryptocurrency or just need a refresher, iTrustCapital is here to provide some quick info.
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Chapters:
00:00 Into
00:10 What is Centralized Finance (CeFi)?
00:48 Outro

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DISCLAIMER
This video is for information purposes only. It does not constitute investment advice in any way. It does not constitute an offer to sell or a solicitation of an offer to buy or sell any cryptocurrency or security or to participate in any investment strategy.

iTrustCapital is not an exchange, funding portal, custodian, trust company, licensed broker, dealer, broker-dealer, investment advisor, investment manager, or adviser in the United States or elsewhere. iTrustCapital is not affiliated with and does not endorse any particular cryptocurrency, precious metal, or investment strategy.

Cryptocurrencies are a speculative investment with risk of loss. Precious metals are a speculative investment with risk of loss. Cryptocurrency is not legal tender backed by the United States government, nor is it subject to Federal Deposit Insurance Corporation (“FDIC”) insurance or protections. Clients do not receive a choice of custody provider. The self-directed purchase and sale of cryptocurrency through a cryptocurrency IRA have not been endorsed by the IRS or any regulatory agency. Historical performance is no guarantee of future results.

Some taxes and conditions may apply depending on the type of IRA account. ​​Investors assume the risk of all purchase and sale decisions. iTrustCapital makes no guarantee or representation regarding investors’ ability to profit from any transaction or the tax implications of any transaction. iTrustCapital does not provide legal, investment or tax advice. Consult a qualified legal, investment, or tax professional.

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