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What is Centralized Finance?

► Looking to understand crypto a little better? Well, you’re in luck. Today’s question of the day: What is Centralized Finance? Opposite of decentralized finance, centralized finance, or CeFi, indicates the centralization of funds through one main platform. Want to learn more? Stay tuned for more crypto terms to come, and get to understand the industry one key term at a time. ◄ “Crypto Terms” is your key term hub. Think of it as a crypto dictionary. We’ll be breaking down an array of vocabulary words as simply as we can to make it easy to understand. Discover new key terms that you’ve been meaning to learn more about. You may even find new ones! Whether you’re new to cryptocurrency or just need a refresher, iTrustCapital is here to provide some quick info. • • ABOUT US The iTrustCapital mission is to validate, educate, and empower millions of investors as we innovate toward a blockchain future. iTrustCapital is a digital asset IRA platform that allows clients to directly buy and sell cryptocurrencies and physical gold in real-time through their retirement accounts. Head to our website now to learn more and set up a Crypto IRA for free. CHECK US OUT Want more information on assets available with iTrustCapital? https://itrustcapital.com/assets Questions about the iTrustCapital software platform?    / itrustcapital   Want to watch our clients’ testimonials? https://itrustcapital.com/my-story-la... VIEW OUR RELATED VIDEOS What is Proof of Stake (PoS)?:    • What’s Proof of Stake (PoS)?   What is Proof of Work (PoW)?:    • What’s Proof of Work (PoW)?   What is Difficulty in Mining?:    • What is Difficulty in Mining?   CONTACT US →Support Page: https://help.itrustcapital.com/hc/en-us →INSTAGRAM:   / itrustcapital   →TWITTER:   / itrustcapital   Chapters: 00:00 Into 00:10 What is Centralized Finance (CeFi)? 00:48 Outro #CentralizedFinance #CryptoKeyTerms #iTrustCapitalEdu #CryptoVocab #Retirement DISCLAIMER This video is for information purposes only. It does not constitute investment advice in any way. It does not constitute an offer to sell or a solicitation of an offer to buy or sell any cryptocurrency or security or to participate in any investment strategy. iTrustCapital is not an exchange, funding portal, custodian, trust company, licensed broker, dealer, broker-dealer, investment advisor, investment manager, or adviser in the United States or elsewhere. iTrustCapital is not affiliated with and does not endorse any particular cryptocurrency, precious metal, or investment strategy. Cryptocurrencies are a speculative investment with risk of loss. Precious metals are a speculative investment with risk of loss. Cryptocurrency is not legal tender backed by the United States government, nor is it subject to Federal Deposit Insurance Corporation (“FDIC”) insurance or protections. Clients do not receive a choice of custody provider. The self-directed purchase and sale of cryptocurrency through a cryptocurrency IRA have not been endorsed by the IRS or any regulatory agency. Historical performance is no guarantee of future results. Some taxes and conditions may apply depending on the type of IRA account. ​​Investors assume the risk of all purchase and sale decisions. iTrustCapital makes no guarantee or representation regarding investors’ ability to profit from any transaction or the tax implications of any transaction. iTrustCapital does not provide legal, investment or tax advice. Consult a qualified legal, investment, or tax professional. iTrustCapital makes no representation or warranty as to the accuracy or completeness of this information and shall not have any liability for any representations (expressed or implied) or omissions from the information contained herein. iTrustCapital disclaims any and all liability to any party for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of this information, which is provided as is, without warranties. © 2023 ITC2.0, Inc. All rights reserved.

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