Decentralized Finance (DeFi) 101: Step-by-step guide for beginners

Here's a quick guide on how to get started with Decentralized Finance (DeFi):

1. What is DeFi and can I earn money from it?
2. Create a Centralized Exchange (CEX) account
   1. Fund your CEX account with fiat
   2. Convert the fiat in stablecoins (usually USDC & USDT)
   3. Buy some Ethereum for gas fees (depends on the chain you want to go to)
3. Create a cryptocurrency wallet (hot or cold wallet)
   1. Important: Wallet safety tips
4. How to navigate DeFi
   1. Your first steps in DeFi
   2. What is staking?
   3. What is a money market?
   4. What is a Decentralized Exchange (DEX)?
      1. What is impermanent loss?
   5. What is a ve(3,3) DEX?
   6. What is a Perpetual Exchange?
   7. How to bridge to other chains?
   8. What are points programs?
   9. What are airdrops?
5. DeFi safety tips

Check the next part in this guide: What is DeFi?

DeFi 101: What is DeFi and can I earn money from it?

Dive into the opportunities and the risks DeFi has to offer

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