It's currently harder to trust which exchanges are safe for us plebs.
Here's a simple way to find out: Is the exchange centralized/custodial? If yes, then it isn't safe.
You're right, but we can't challenge the fact that we plebs who trade with small account sizes, and them whales who trade with large account sizes need centralized exchanges, AND trust is obviously VERY important. What kind of sector would cryptocurrencies be in the financial world if none of these exchanges are trustworthy? It will be bad for growth, and it will also be very bad for adoption.