The First DeFi~CeFi



FENIX Is The First Centralized~Decentralized Finance

What is the FENIX ?

FENIX Is The First Cryptocurrency Project That Aims Solve Largest Issues In CeFi & DeFi . FENIX Wants To Create a New Version Of Crypto Exchanges That Has The Ability To Support Two Network (ERC20-TRC20). 
In our platform, all activities are based on the people's vote and people determine the future of the project. 
We are also looking to create a dedicated Fiat and Crypto exchange platform so users can buy the currencies they want without spending extra time. Then we create a direct bridge between Defi and Cefi, which is a problem for many decentralized exchange users. 
We are looking for the best possible way to reduce fees and the easiest user interface.

What is the FENIX advantage ?

FENIX Finance

1. Various Coin Types Supported

We are created a direct bridge between Defi and Cefi, which is a problem for many decentralized exchange users.  . 

FENIX Finance

2. Security

We are proud of that FENIX token is the first cleare project that use both of DeFi~CeFi in ETH & TRX blockchain.
In this way FENIX is graduated in the highest level of security. 

FENIX Finance

3. User Experience

We have provided 24/7 online customer support to ensure quick and readily available support when needed.

FENIX Finance

4. High Liquidity

With a built in Artificial Intelligence market maker that meets the high standards and our SWAP will base on both of Tron and Ethereum blockchain .

Frequently asked questions

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What Is Centralized Finance? 

Centralized finance used to be the standard for trading crypto before DeFi came into the picture. It still maintains a stronghold over the cryptocurrency industry. But decentralized finance is catching up with it as DeFi is seeing astounding growth this year through its yield farming trend. In centralized finance (CeFi), all orders in the crypto trade are channeled through a central exchange. The funds are managed by responsible people running this exchange. This means you don‟t own a private key that gives you access to your wallet. Furthermore, the exchange determines which coins they list for trading or how much fees you have to pay to trade using their exchange. To summarize this section, you don‟t truly own your cryptocurrencies when trading via a centralized exchange. Moreover, you are subject to the rules a centralized exchange imposes on you.


What is Decentralized Finance? 

In decentralized finance, there is no involvement of an exchange. The entire process operates through automated applications that are built on top of blockchain platforms. Furthermore, decentralized finance tries to create a fair financial system in which everyone can participate. Ideally, even unbanked people can access some form of banking services through blockchain technology and made possible by DeFi. More specifically, decentralized finance aims to create a permissionless, open-source, and transparent finance service ecosystem. This decentralized financial system provides services such as crypto lending, borrowing, yield farming, asset storage, and many more. The main benefit of using decentralized finance over centralized finance is your ability to stay in control over your assets. This means you own the key pair for your wallet and you‟re the only person who can move your funds. Furthermore, users who want to participate in DeFi have to use decentralized applications (DApps) built on top of blockchain platforms to access those DeFi services .                     


What Differentiates CeFi from DeFi? 

The defining difference between centralized and decentralized finance is the involvement of an exchange. In centralized finance, the system is governed by exchanges. Whereas in decentralized finance, it is technology-dependent. DeFi users access financial services through DApps as discussed before. This distinction rests on a more significant differentiator that is often overlooked. Due to the involvement of exchanges in CeFi, users transfer their risk to the exchanges. Therefore, exchanges are in charge to keep users‟ funds safe. In DeFi, these intermediaries are cut off. The transactions happen on the belief that smart contract protocols will work well. There are some other differences as well. For example, centralized finance helps with fiat to crypto conversions and cross-chain solutions. If required, centralized finance is also able to move funds to help its customers or to block trading in case of a negative event such as a hack. On the other hand, DeFi is considered more transparent and non-intrusive because it does not ask for any personal information of the customer and is non-custodial. DeFi can also not block trading or put restrictions on users whereas CeFi can. We will discuss these differences in more detail in the next segment.


What’s best: CeFi or DeFi? 

Both centralized finance and decentralized finance aim to achieve the same objective. They intend to make crypto trading popular and increase the trading volume. However, the way these two carry out their objectives is different. CeFi acts by building trust on its way. It promises security of funds and fair trade on those funds. Also, it‟s more inclusive with its fiat-crypto-fiat conversions. Investors holding conventional currency can also participate in crypto trading. Furthermore, CeFi exchanges offer them customer support services which DeFi services often lack. On the other hand, DeFi wants to make the space intrusion free. It provides a space for investors to implement their strategies without having to deal with an intermediary body. Both systems have their benefits and drawbacks. It depends on the investor and their priorities. If privacy and transparency are the priority, DeFi is the path to choose. If trust, sharing of risks, increased options to invest, and flexibility are your concerns, go for CeFi.


What Is Coin Staking? 

Staking coins is a means of ensuring transactions are valid on the blockchain. If someone holds more currency in their blockchain account, the likelihood increases that they can participate in the crypto coins validation procedure. Validators are often selected randomly, but coin holders may be affected by the amount they hold in some scenarios. 


How Does Staking Work? 

Staking is akin to the fixed deposit model, whereby the longer and higher your investment, the more interest you earn over the long-run horizon. Staking works differently among each type of cryptocurrency, but the concept is still similar. Individuals must operate a master node or node to stake coins on proof of stake (PoS) systems.