In my view, the reason why Bitcoiners still use centralized exchanges can be explained by several factors. One of the main reasons is the convenience and accessibility that these exchanges offer. They make it easy to buy and sell Bitcoin for fiat currency and have a user-friendly interface. Moreover, centralized exchanges tend to have better liquidity, allowing for quicker trades at favorable prices compared to decentralized exchanges.
With the recent case of FTX is there any comfortability and reliability on centralized exchanges again?
As I go through the response from my senior members in the forum, I understand how risky it is to rely on centralized exchanges, and I understand that we can buy our Bitcoin from them and send them to our wallets not to leave the Bitcoin in there.