NFTs have recently become the talk of the crypto industry, yet they still don’t even come close to DeFi in terms of the total value generated or the amount of capital involved. These non-fungible tokens certainly offer an interesting take on digital ownership rights, but the buck kind of stops there.
DeFi, on the other hand, enables permissionless replacements for the world of traditional finance. No longer do you need to visit a bank for a loan, get a lengthy and invasive credit check, or be stuck with 0.04% savings rates. Traditional finance is dying a slow death, but DeFi has been speeding it along.
The latest brand to get involved in the DeFi space is PrimeXBT, an award-winning trading platform offering long and short positions on all kinds of CFDs, ranging from crypto to stock indices, commodities, and forex. With so much going on all under one roof, PrimeXBT is quickly becoming the place to be.