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Cryptocurrency Learning Insights

Defining DeFi

Defining DeFi
DeFi (or “decentralized finance”) is an umbrella term for financial services on public blockchains, primarily Ethereum.

Decentralized Exchange

Decentralized Exchange
By definition, A decentralized exchange or DEX is an exchange that does not rely on a third party service to hold the customer’s funds. Instead, trades occur directly between users (peer to peer) through an automated process.

Understanding Fibonacci Retracement

Understanding Fibonacci Retracement
Fibonacci retracement (or Fib retracement) is a tool used by technical analysts and traders in an attempt to predict areas of interest on a chart. They do so by using Fibonacci ratios as percentages.