Do you even know the difference between Centralized wallets and Dec wallets? Days back I lost my coinbase account and the team aren't helping, I'm glad I only have little Bitcoin on the account, would have been a different story if I use coinomi or atomic wallet because they give users 💯 control over their funds, private keys and recovery seed are important, always remember that
Example of Centralized wallets
1. Coinbase
2. Nexo
3. Luno
4. Xapo
5. Freewallet
Any wallets that ask you create an account with mail and password is centralized, they monitor your private keys for you, be smart
Nicely said mate, any wallet from big or small crypto companies that doesn't give users their private keys should be avoided, anything can happen to them at any time and you won't be able to withdraw your coins, I hope people takes this very serious because it's a big truth about centralized wallets