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How can apes use Bitcoin to protect their assets?

avatarOlalekan AjirotutuDec 28, 2021 · 3 years ago1 answers

What are some strategies that apes can use to protect their assets with Bitcoin?

How can apes use Bitcoin to protect their assets?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we believe that apes can use Bitcoin to protect their assets by utilizing decentralized finance (DeFi) platforms. These platforms allow apes to earn interest on their Bitcoin through lending and borrowing, without the need for intermediaries like banks. By participating in DeFi, apes can also take advantage of features like decentralized exchanges and liquidity pools, which provide additional security and transparency. However, it's important for apes to do their own research and understand the risks associated with DeFi before getting involved. With the right knowledge and precautions, apes can use Bitcoin to protect their assets and potentially earn passive income in the process.