Centralized exchanges are already working hard to improve their security defenses. But the security of the exchange has been attacked by hackers all the time.
Don't think of exchanges as banks, they are not a match.
The "absolutely safe" centralized exchange should not have appeared yet.
I still don't get why people still treat exchanges as wallet.
The name "exchange" clearly tells us what it should be used for but still yet you will still see those that still leave their funds there even after they are done with their trade or whatever it is that they used they exchange for.
Now my question is how hard can it be for someone to withdraw from an exchange? Is that they're scared of non-custodial wallet or what? I just don't get it.
Totally non-sense,right?
Its been recommended on not to make use of these centralized exchange or platforms to be served as their main wallet which is something that very risky to do so.
They would really be just ending up on regretting when things do already happen.
Safe is not guaranteed on the time that you do touch up with any centralized things specially on platforms.It cant really be avoided on some circumstances
but as much as possible its better to pull out those funds anytime you are finish on doing trades.