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A Look at Cefi, Defi, and the Risks Associated With Decentralized Finance

CeFi and DeFi are both financial ecosystems that enable investors to profit from the available tools. Let's look at CeFi and DeFi, as well as the risks associated with the DeFi sector.What Is CeFi?Centralized finance, often abbreviated as "CeFi," refers to the traditional financial system. Banks and other financial institutions serve as middlemen for the many financial transactions that take place in this system. In addition, these organizations act as intermediaries in a centralized economic system by providing buyers…