DeFi vs CeFi differ primarily in control. DeFi platforms are decentralized, eliminating intermediaries and allowing users to manage their assets through smart contracts and peer-to-peer networks. CeFi, on the other hand, relies on central authorities like banks or exchanges for transactions and asset management. DeFi promotes financial freedom and privacy, while CeFi ensures regulatory oversight, security, and user-friendliness. Both models have distinct advantages, depending on user preference for decentralization or convenience.
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