Post
Topic
Board Beginners & Help
Re: Why I will never trust top exchanges
by
Oceat
on 05/02/2023, 16:38:55 UTC
...No matter what you plan to do on centralised exchanges, do not trust them.

Of course, everyone should know all the negative factors of using centralized exchanges, but it will be almost impossible to completely abandon their use. In this case, the top exchanges will be the best solution to choose, since the risk of losing your money is much higher when using unknown exchanges.
I don't know if OP is aware of this that only top exchanges we could trust rather than those unknown exchange that I saw a lot of thread here telling that their funds are missing or they can't open their account after depositing on an unknown exchange. Top exchanges might have some issues but they resolved it immediately that's why you can trust them.

But if someone doesn't like the idea that these CEX aren't safe then don't store your funds on their exchange and you will be safe.