With the collapse of FTX and issues across the industry such as Binance, BlockFi, Celsius, Voyager, etc. I want to know what exchange do you trust the most?
Do I trust most?
I did not trust them but instead, I used them to exchange my crypto for fiat --trade my bitcoin to other crypto or bitcoin to cash because they have easy access to our local e-wallet that is easy and convenient to use.
Trust --when we say I trust you --you will not gain trust in just a couple of days or an hour and it should be long-term use. So why I will trust them and use them for a long period of time when I know the CEX exchange is very risky to store your money?
CEXs are good for trading and exchanging but not for storing your crypto for a long period of time thinking that you have owned their wallet.