Cryptocurrency VS Traditional Banking - Is DeFi The Way To Go?

🏦Banking has been around for thousands of years in some way or another, but DeFi is only a recently emerging sector that has taken the market by storm.

🖇️The concept of having no middleman for financial transactions, allowing anybody access to financial institutions and creating an overall more efficient banking system is something that Decentralized Finance is trying to achieve.

🤿Let’s dive into how the DeFi sector came to life, how UniSwap (UNI) is doing right now, and which Cryptocurrencies are being held by the largest banks in the world.

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📌Timestamps
0:00 Follow Satoshi Club on Twitter
1:52 Uniswap, Market Makers & Liquidity Pools
3:46 How to Swap Tokens on Uniswap
4:37 How a Liquidity Pool is Created?
5:20 Regulation of DeFi. Risks
6:20 Descentralisation, no Middle Man. No KYC
8:20 Risks of Banks, Money Laundering
8:48 Yield Farming in DeFi
9:30 Banks Investing in Blockchain

#cryptocurrency #defi #descentralizedfinance #bitcoin #cryptomarket #cryptotrading

💣 Disclaimer
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.