#CEXvsDEX101

🪙 CEX vs DEX 101: Guarded Mall vs Libertarian Bazaar 🪙

"Choose between Binance (CEX) – where they keep your money 'safe' until they lose it – and Uniswap (DEX) – where you are the boss, the guard, and the thief of your own."

🔒 CEX

- As simple as an ATM: buy with a card, KYC, 24/7 support.

- You hand the wallet keys to your 'friend' Vladimir from Seychelles.

- Joke: "CEXs are like schools: they teach you rules, then take 30% of your lunch."

🔓 DEX

- You control the keys, transactions directly between wallets, without intermediaries.

- You pay a fee of 50$ to swap 10$ for Shiba Inu 3.0.

- Joke: "DEX is the crypto bazaar: you can buy diamonds or get scammed at the first stall."

⚖️ Why does it matter?

- Security: CEXs get hacked (FTX, Mt. Gox), DEXs remain unscathed... but you can still click on a phishing link.

- Freedom vs. Comfort: Want anonymity? DEX. Want to keep politicians in check? CEX with KYC.

👉 The moral: Use CEX for fiat in crypto, DEX for freedom. And don't forget: not your keys, not your crypto!

⚠️ Choose wisely: guard or freedom? No system is perfect, but both can steal your money.