AskLeo: Do You Use CeFi?

avatar

6124F7A7-AABE-4C79-8F5A-B89286A426FB.png

CeFi is a hot topic in the world of crypto. Some people love CeFi, others hate it. For many, CeFi is just a necessary evil. A lot of user use these companies as a "crypto on-ramp," just to later transfer it to a decentralized solution. We all have heard the adage, "not your keys, not your crypto!"

Even though, I recognize the risks, I do dabble in Centralized Finance! Not much, just a bit! I love the interest payments, and I honestly don't believe it's too risky- if you're smart about it, and don't keep too much in your accounts!

The big CeFi firms usually have pretty robust security protocols, and a proven track records!

So, my question is: Do you use CeFi? Why or why not? Are you comfortable using them?

Engage with this post to get some sweet crypto rewards!

Thanks for stopping by!

Posted Using LeoFinance Beta



0
0
0.000
7 comments
avatar

I’ve never heard of cefi. Do you have links to more info?

0
0
0.000
avatar

Problem with Ce-Fi is they ask our personal details which I don't trust upon them

0
0
0.000