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⁣Decentralized Finance (DeFi) protocols are blockchain-based financial applications that aim to replicate and innovate upon traditional financial services in a decentralized manner. These protocols typically run on smart contract platforms like Ethereum and utilize blockchain technology to enable various financial activities without the need for intermediaries such as banks or brokers. Here are some common types of DeFi protocols:

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⁣Security problems of crypto exchanges

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NFTs, or Non-Fungible Tokens, are a type of digital asset that represent ownership or proof of authenticity of a unique item or piece of content using blockchain technology.

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⁣when you are new to crypto and you don't know how wallets work🤣🤣🤣

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⁣why do we need wallets if we can store assets on the exchange?

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