Centralized Finance (CeFi) means you don’t own a private key that provides you access to your wallet. Funds are managed by running on a central exchange. Centralized finance (CeFi) platforms are cryptocurrency platforms that enable lending and borrowing of cryptocurrency. CeFi lending platforms act as a link between the traditional monetary system and the crypto-asset market.
Disclaimer: All content is only for technology education & knowledge sharing purpose, from mentioned sources. There is no endorsement of any products or service. The names and logos of third party products and companies shown and used in the materials are the property of their respective owners and may also be trademarks.