|
|
Back to Glossary
DeFi

DeFi

Short for Decentralized Finance. DeFi refers to financial services built on blockchain technology that operate without banks or traditional intermediaries. You can lend, borrow, trade, and earn interest on crypto using DeFi protocols, all controlled by smart contracts.

Example

With DeFi, you can earn interest on your crypto without opening a bank account.

Learn more in the Staxo course

Practice trading on Staxo

Apply what you have learned. Trade with virtual money on the Staxo crypto simulator, completely risk free.

Start practicing