A DeFi wallet (Decentralized Finance) is a sort of cryptocurrency wallet that allows users to manage, store, and transfer digital assets on a blockchain network. DeFi wallets provide a variety of financial services, such as lending, borrowing, and trading, allowing users to participate in decentralised finance applications without the need for traditional financial institutions. These wallets are secure, transparent, and accessible to anyone with an internet connection, allowing for a decentralised and trustless approach to personal finance management. Users can take control of their finances and make financial decisions without relying on centralised intermediaries by using DeFi wallets.
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