The World of Cryptocurrencies is witnessing rapid growth, with the rise of decentralized finance (DeFi) platforms. DeFi tokens open tremendous opportunities for traders who are seeing an investment potential in these projects. While in early 2019, the DeFi economy was merely valued at $270 million, it meteorically rose to over $9 billion. To celebrate the massive adoption of DeFi, CoinDCX brings you a platform to buy DeFi tokens easily and safely.
DeFi tokens are part of a transparent blockchain-based financial network that allows users of various DeFi protocols to govern those platforms while earning rewards on the tokens, using them to access the features of these protocols and trading them on exchanges. DeFi platforms are used for multiple purposes, ranging from lending and borrowing to interacting with decentralized exchanges and derivatives.