Custodial exchanges are the antithesis of Bitcoin and cryptoassets. Why even bother with these new technologies if you're not even going to use the benefits they offer?
The list of useful trading technologies should actually be pretty short:
Custodial exchanges are basically all grey market, as they are offering securities trading but are not licensed. Many will exit scam. All of them take your money, and can do whatever they like with it. And they have the power too easily trade against you.
Edit: did you know that most of those custodial exchanges get their pricing data from the same place? That's why they all went dark at the same time a little while ago.
The majority of people don't care about the cryptocurrency ideologies. Alternative currency, privacy, etc are not important to them.
As always #FollowTheMoney.
They're not interested in all this stuff because they're here for the money, buying at $x and selling at $xxx.
Let's be honest, no matter what they say it is true. I can guarantee you that most of them never opened a white paper once in their life and they all are happy to be verified on an exchange (giving personal information).
You know, when there is money behind the human is pure shit and he can even sell its own parent for some money