I almost put money in FTX. Glad i did not.
Thank god. It is FTX turn this time, who knows what happen in the future. Your sentence can easily change to "I almost put money in Binance. Glad I did not."
I think there's no problem if your intention is to trade and then withdraw them all later after your session on exchange but storing it in a long term isn't a good decision.
People or traders embraced CEX just because of these pros.
- High Liquidity
- High Trading Volume
- High Trasaction Speed
But storing your fund of CEX for the long term isn't ideal.