NC Wallet News

View all

A New Era of Finances

What is DeFi?

DeFi is sometimes called “the crypto alternative to Wall Street”. What is it and what does the abbreviation stand for? Today we will answer the question and explore how blockchain technologies are changing our perception of financial services.

DeFi is short for “decentralised finance”. This term unites a range of services and products allowing people to make transactions with crypto assets directly from one person to another without involving any middlemen. For instance, banks.

Traditional financial institutions always have some central authority and are controlled by governments. DeFi services are completely different — they give you total control over your funds. They not only provide the full range of possibilities — lending, borrowing, earning interest, trading assets, insurance, etc — but also make them more accessible. If recap all the advantages of financial services based on blockchain technologies, they are open-to-all, transparent, fast, easy-to-use, and with low transaction fees.

DeFi takes financial services to a new level. If you decide to dive into this world, you definitely will need a secure crypto wallet to manage your funds. With a reliable NC Wallet by your side, you can do more.

Crypto is a quickly developing field — stay tuned to keep up and do not hesitate to share this article with your friends!

Recently Added

4 Reasons to Tell Your Friends About Crypto
Imagine you are having a conversation with your friends about cryptocurrency. You already use NC Wallet to store your assets, but your mates are curious if they should start using cryptocurrency. How do you convince them to check out the crypto world?
Published:
Bitcoin Beats Gold?
Could good old gold be defeated by relatively young Bitcoin? Imagine that you decide to buy Bitcoin, while your best friend goes for gold. Let’s explore, who will encounter fewer obstacles and whose experience will be more user-friendly. Are there a lot of areas where Bitcoin wins the race over the precious metal?
Published:
Who Holds the Most Bitcoin in 2024?
Still think Bitcoin is a risky asset? What if we told you that the biggest owners of BTC are billionaires like Elon Musk and more — the entire governments? In NC Wallet, we’ve put Satoshi Nakamoto, the most profitable Bitcoin miner, aside, and compiled a list of whales — entrepreneurs, companies, and countries that have invested their fortunes in Bitcoin.
Published: