First of all welcome to Bitcointalk and the world of Bitcoin. As a Bitcoin user and holder who deals with it and other cryptocurrencies on a daily basis I can answer your question from my experience. The main use of Bitcoin for me is investing and getting paid since it is fast, secure and I dn’t have to pay taxes unlike when dealing with fiat currency and banks. This is a significant advantage for me and many users but unfortunately the absence of Bitcoin in my region brings me to centralized exchanges as a solution because I can only use Bitcoin online since it’s not possible to use for everyday use such as shopping, paying scholar fees, food, and expenses in my region none of these establishments are accepting or dealing with crypto yet.

Therefore I have to exchange my Bitcoin to our currency using Binance or any other exchanger so i can spend my earnings of bitcoin even that it is not a good idea to retain and hold your assets in a centralized exchange and it is better to save them in a cold wallet which is way safer. Personally I cannot purchase a hardware wallet but I keep my assets in a safe desktop wallet that I only connect to the internet when I need to exchange it.