New to DeFi? Decentralised Wallets vs. Centralised Wallets Explained

In this video, we will highlight the key differences between centralised wallets like the Crypto.com App and Exchange, and decentralised wallets like the Crypto.com DeFi Wallet App.

Key concepts to get you started with DeFi:
➡️ DeFi Wallet is a decentralised wallet while the Crypto.com App and Exchange are centralised wallets
➡️ Transaction fees are on-chain and require network fees for the corresponding Blockchain network’s confirmation
➡️ DeFi Wallet is a mobile wallet interface to display and manage your crypto assets, your recovery phrase allows you to regain access to your crypto

Useful links:
📱DeFi Wallet: https://defi.onelink.me/MFZQ/2510a0cd
❓FAQ: https://help.crypto.com/en/collection...
🌐 Website: https://crypto.com/defi-wallet

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