What is Crypto?

Crypto is a digital currency that exists digitally or virtually in which transactions are verified and records are maintained by a decentralized system. It does not have a central issuing or regulating authority but uses a decentralized system for record transactions that enable people to buy, sell and trade securely.

What is Defi?

Defi pronounced as Dee-Fye is an umbrella term for the part of the crypto universe that is customized towards building an internet-native financial system using blockchains to replace trust mechanisms and traditional intermediaries. Defi is an opportunity for a financial service provider to move towards a decentralized world.

Difference between Crypto and Defi

Crypto is much like fiat currency that operates on its blockchain, on the other hand, with Defi, you can do most of the things like bank support – earn interest, buy insurance, trade assets, trade derivatives, and more. It is faster and doesn’t require paperwork or the involvement of a third party.

Defi is global, peer-to-peer i.e directly connected between two people, not routed through a centralized system.

How do they work?

1. Lending and trading: – lend and earn trades of certain crypto assets as if you buy and sell stocks without any commission.

2. Getting a loan: – getting a loan instantly without filling out paperwork including short-term “flash loans”.

3. Saving for the future: – put some crypto into a savings account and earn better interest rates.

4. Buying derivatives: – make short and long bets on certain assets.

What are the benefits of Defi?

1) You can get access by creating a wallet. You don’t need to open an account or apply for it.

2) It is transparent. All the people who are involved can see the complete details of transactions. Private corporations rarely grant that kind of transparency.

3) It’s not required to provide your name, email address, or any of your personal information.

4) You don’t have to ask for permission or wait for long transfers to finish.

5)    You don’t have to pay expensive fees to move your assets anytime anywhere.

6) Interest Rates and rewards can be updated rapidly.

What are the benefits of Crypto?

1) They provide incredible security. Decentralized crypto-asset tend to make secure forms of payment.

2) Crypto transactions are easier and are done at a low cost with more privacy.

3) There is exponential industry growth in the crypto-asset industry.

4) Crypto markets trade 24 hours a day, seven days a week, without exception.

5) Crypto asset provides a more inclusive financial system. Anyone can participate because of the decentralized and permissionless nature of the crypto asset.

Defi Trading and Liquidity is done in three key areas:-

1. Token launch Liquidity: – Token issued to liquidity providers on a decentralized exchange run on an automated market maker (AMM) protocol.

2. Market Liquidity: – Refers to how quick and easy security can be bought or sold in a secondary market.

3. Treasury Management: – It is the management that optimizes business liquidity and also mitigates financial operational-related risk.

Our Solution:

PlatinX works as a trading service provider and infrastructure operator. PlatinX uses in-house software to facilitate trading through automated market makers. PlatinX provides services to give access to liquidity products and also overcome liquidity issues and gain investors.