Binance DEX on SafePal wallet

Описание: DECENTRALIZED FINANCE (DeFi)
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https://emas.digital
Decentralized Finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Binance.


DECENTRALIZED WALLET (dApp)
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https://safepal.io/download
A decentralized wallet means that the holder of the keys will be accorded access to the crypto wallet. It allows the holder to use the keys to send or receive cryptocurrency anywhere on the planet. Some people regard a decentralized wallet to be anonymous, but it is not. It is pseudonymous.

DECENTRALIZED EXCHANGE (DEX)
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https://defi.emas.digital
On a decentralized exchange, trades happen directly between user wallets. If you sell BNB for EMAS on DEX, there’s someone else on the other side of the trade buying BNB with their BUSD. We can call this a peer-to-peer (P2P) transaction.

Liquidity providers (LPs) add funds to liquidity pools. You could think of a liquidity pool as a big pile of funds that traders can trade against. In return for providing liquidity to the protocol, LPs earn fees from the trades that happen in their pool.

#dApps #DeFi #DEX #TrustWallet #SafePal #EmasDigital