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Definition: bankless


(1) A reference to a population that does not have access to traditional financial systems. See unbanked and crypto glossary.

(2) Without a bank or government agency as middleman. Bankless and "trustless" are two widely touted characteristics of decentralized finance. See DeFi and trustless.

(3) (Bankless) An information portal about decentralized finance (DeFi). Bankless offers advice, podcasts, as well as getting-started guides. The website states: "There's a #bankless revolution in the world of money: A revolution where everyone gets access to the global money system--no bank required."