Re: How would crypto fare without centralized exchanges?

On centralize exchanges accounts of users can be blocked. Also there are hackers who hack centralize exchanges. That is why many people prefer to use DeFi. For DeFi security is important like this https://twitter.com/MissionDogeOne/status/1506922981636952066

Now investors have a choice what exchange to choose - centralized or decentralized.
The more actively developing cryptocurrency the more tools it offers.

For centralize exchanges liquidity is very important. It must have a lot of users and offer different tools that allow to earn more money for traders to win the competition among other exchanges.