lem73

For the past few weeks, the new crypto trend he's been talking about is decentralized financing (DeFi). Also called "crypto finance" which turned out to be the biggest cryptocurrency boom since the initial coin offering (ICO) craze of 2017. But just like the ICO craze, this space is riddled with fraud, browse he's like going through a minefield. I think it created a culture in our society in the same way that the internet did the way we consume entertainment and the way we shop. The Internet has killed newspapers and television. The next monster to fall is the traditional financial system. Over the next decade, the way you bank, borrow money, lend money, will be very different.

A forum is a space where users contribute messages on a previously proposed topic of discussion, usually there is the figure of the moderator who has the option to edit or delete messages if they do not comply with the rules of the forum. It is a very useful tool where student teachers who are knowledgeable about a specific topic often share ideas or opinions and even debate. Today Internet users are quite used to using them.

Utility token, is a special type of token that is used as a participation receipt to raise capital for companies or project development groups. These tokens allow us to have access to the product or service of a company and do not count as an investment since some countries do not have a regulatory mechanism for them.

Usually through websites, emails and groups related to the subject such as those on the Discord and Telegram platforms, each project is different and it depends on them which one is to the public. Like the recently launched airdrop by Yobit which is in the verification process.

In the technological era that we are living in, it has never been so easy to buy and sell whatever you want, with just the press of a finger you can do any type of operation from selling or buying a shirt, selling, trading or buying cryptocurrencies, buying anywhere in the world.

One of the recommendations that I would give is to be very cautious, encrypt your private keys and if possible keep them off the network, analyze very well the online services where we store our coins, generate the double authentication factor, make backup copies and use addresses between signatures.

With the little time that I have in the world of cryptocurrencies, I have realized that my main objective would be to learn, investigate, study and read a lot about this complicated world. It is the only way if you really want to generate economic benefits in a short space of time.

DeFi is making great progress as some DeFi related tokens have made gains of more than 100% and this is partly due to COMP's reward mechanism and yield farming that allows users to act both as lenders and borrowers to earn tokens of COMP. Some of these coins is Chainlink (LINK) which is the largest cryptocurrency of the Aave protocol after the LEND token itself.

Choosing a platform for cryptocurrency exchange can be difficult, but there are some essential aspects to consider. Choosing the wrong platform could lead us down a path full of traps and useless efforts. That is why the reputation of each exchange must be taken into account. Many exchanges have been involved in nefarious activities, hacks, and scams, leaving users in a less than ideal situation. Safety is another important factor. We need to check if the exchange offers two-factor authentication (2FA). If not, then the exchange may not be acceptable by current security standards. There are other important mechanisms to consider when choosing a cryptocurrency exchange.

Driven by expectations that Donald Trump will agree with the United States Congress to implement the new fiscal stimulus bill, the S&P 500 deepens its recovery and rises for the second day in a row.