What Is Centralized Finance (CeFi)?
- Keyword Financial
- Apr 16, 2022
- 1 min read
Updated: Oct 31, 2022
Before DeFi came into action, CeFi was the only solution for trading cryptocurrencies. Although it competes with DeFi to attract mainstream crypto traders, CeFi owns the bigger share of the trading market in the crypto industry (Zare, 2021).