5 common types of cryptocurrency fraud and how to avoid them
In today's world, your cryptocurrency is an incredibly valuable asset for criminals because it is: liquid, portable, and if the user makes a transaction it will be almost impossible to undo. The result of such properties is a new wave of scams (both in the form of long-standing classics and completely new and inherent only to cryptocurrencies scams) sweeping the world of digital currencies.
DeFi: what it is and how to earn passive income here
Traditional financial institutions decide to whom to provide services, how to manage depositors' money, and to whom to report customer information. Anyone who is not satisfied with these points can switch to DeFi. What is it and how do you make a passive income in this field? The service https://exchangesumo.com has gathered all the necessary information in a detailed guide for beginners.
Decentralized Finance (DeFi)
DeFi is an open global financial system designed for the Internet age. It is an alternative to an opaque system with strict controls based on decades-old processes and infrastructure. It gives you control and visibility of your money. DeFi opens global markets to the user, creates alternatives to national currencies and standard banking products. DeFi products open up financial services to anyone with access to the Internet. They are largely owned and operated by the users themselves. To date, tens of billions of dollars worth of cryptocurrency transactions have already passed through DeFi, and the volume is growing every day.