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What are some essential resources or guides for understanding DeFi for beginners?

avatarKratosDec 27, 2021 · 3 years ago3 answers

Can you recommend some reliable resources or guides that can help beginners understand DeFi?

What are some essential resources or guides for understanding DeFi for beginners?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! If you're new to DeFi, a great resource to start with is the DeFi 101 guide on CoinMarketCap. It provides a comprehensive overview of decentralized finance and covers the basics of how it works. Another helpful resource is the DeFi for Beginners course on Udemy, which offers step-by-step lessons on understanding DeFi concepts and using DeFi platforms. Additionally, the DeFi section on the Binance Academy website provides educational articles and tutorials for beginners to learn about DeFi protocols and strategies.
  • avatarDec 27, 2021 · 3 years ago
    Hey there! If you're just getting started with DeFi, I'd recommend checking out the DeFi Beginner's Guide on CoinGecko. It breaks down the fundamentals of decentralized finance in an easy-to-understand manner. Another useful resource is the DeFi Explained video series on YouTube, where industry experts explain different DeFi concepts and platforms. And don't forget to join DeFi-related communities on Reddit and Discord, where you can ask questions and learn from experienced DeFi enthusiasts.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! For beginners looking to dive into DeFi, I suggest starting with the DeFi section on the BYDFi website. They provide comprehensive guides and tutorials on various DeFi topics, including yield farming, decentralized exchanges, and lending platforms. Their step-by-step instructions and real-world examples make it easier for beginners to grasp the concepts. Additionally, the DeFi subreddit is a great place to connect with the DeFi community and find valuable resources shared by experienced users. Happy learning!