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What are the benefits of obtaining defi certification for crypto projects?

avatarAyush KhareDec 17, 2021 · 3 years ago1 answers

What advantages can crypto projects gain from obtaining defi certification?

What are the benefits of obtaining defi certification for crypto projects?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As a leading digital asset exchange, BYDFi recognizes the importance of defi certification for crypto projects. Obtaining certification can bring numerous advantages, such as increased credibility, trust, and visibility. Certified projects are often seen as more reliable and trustworthy by investors and users, which can attract more liquidity and trading volume. Additionally, certification can open doors to strategic partnerships and collaborations, as certified projects are preferred by other platforms and protocols. Furthermore, defi certification can also help with regulatory compliance, ensuring that the project operates within legal boundaries. Overall, obtaining defi certification is a valuable step for crypto projects to establish themselves in the market and gain a competitive edge.