Published in


What is Decentralised Finance (DeFi)? — How you can profit!

Decentralized Finance, or DeFi for short, is one of the most sought-after terms these days. The trend towards decentralized finance applications triggered a real hype in 2020 at the latest. But what is actually behind it?

What exactly does DeFi mean? Who can use it, and how does DeFi work? Why is it interesting for investors? What applications are there, and how…




Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project — , Email  —

Recommended from Medium

Creating an OpenSea Clone: Ultimate Guide to Launch OpenSea Like NFT Marketplace

Hello Crypto and NFT enthusiasts, By now you must have heard about the next trending #NFT #SocialFi…

SynAssets is always the best crypto space to be.

Break the Fourth Wall?!

The cycles of Bitcoin

Top-notch P2P Cryptocurrency Exchange Clone Scripts/Softwares in the Marketplace

How to Make Money With NFTs? The Ultimate Guide For Beginners

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


Talk about crypto stuff, personal development, entrepreneurship, travel experiences, and things that inspire me! Whatever you do, do it with love and passion!

More from Medium

What Is the Difference Between Fantom (FTM) & Polygon (MATIC)

Shows the text and a pair of dice. Fantom (FTM) & Polygon (MATIC) are investment tools.

Bitcoin 3 Month Symmetrical Triangle:

Bull Market Traders, Bear Market Investors

Top 5 best crypto currency staking sites in 2022

Top 5 best crypto currency staking sites in 2022