Since exchanges have begun blocking funds also on the basis of how “clean” they "think" bitcoins are or not, it has become increasingly dangerous to use centralized exchanges.
It has always been dangerous to use centralized exchanges and the reasons to not use them is endless. Classifying bitcoins according to how clean or not they based on their description is just another reason to hold your coins in your non custodial wallets and use decentralized exchanges.
And centralized exchanges are trying to gain control over real bitcoins with their division of bitcoins, but they still won’t succeed!
They already have a fair share of control and we cannot wish that away. Only education and more veteran users promoting the use of decentralized platforms and the risks of centralized ones can help this.
Also not compromising with statements like;
- "You can use them, but take your funds off them as soon as possible"
- "Only hold what you are actively trading"
- "Use them for the sake of liquidity".
And any other excuse to promote Centralized exchanges that us used.
- Jay -