How to Use DeFi Staking on Binance Binance Official Guide











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💡 The term DeFi stands for “Decentralized Finance.” Unlike CeFi (Centralized Finance), DeFi provides users with decentralized financial services through smart contracts on a blockchain. And DeFi projects (DApps) have not been fully adopted for two main reasons - lack of public awareness and complicated and non-intuitive user interface. This is why Binance introduced DeFi staking to help proxy users to participate in related decentralized projects. This allows users to access DeFi in a user-friendly and straightforward manner. • 📚 Read our articles to learn more about Defi. • The Complete Beginner's Guide to Decentralized Finance (DeFi) ▶️ https://bit.ly/3effUmd • How to Spot Scams in Decentralized Finance (DeFi) ▶️ https://bit.ly/2QaI6yS • 7 Indicators Every DeFi Investor Should Know ▶️ https://bit.ly/3ehkDDZ • What Is Yield Farming in Decentralized Finance (DeFi) ▶️ https://bit.ly/3goq5aN • ⏱️ Timestamps • How to Use DeFi Staking on Binance 00:00 • How to Participate in DeFi Staking on Binance 01:02 • Important Note on Participating in DeFi Staking 03:51 • 👨🏻‍🎓 Binance Academy - Blockchain and Crypto Explained • Website: https://bit.ly/3v2CWDz • Twitter: https://bit.ly/3uYHdI8 • Facebook: https://bit.ly/3elaW7L • YouTube: https://bit.ly/3jMTrBp • #Binance #Defi

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