Reliable exchanges:
Choose that one exchange that good with the user and has a good background, Portability, Efficiency, security, and provides friendly interference in the market.
This is one of the biggest challenges in trading, finding the perfect exchange, the best would have been decentralized ones, but they don’t have much liquidity and also many trading features like the centralized ones. Then the centralized ones no matter how reputable they are defeats the purpose of anonymity and privacy through collection of KYC details, with also the risk of losing your funds when they get compromised.
The best way to beat this when trading on centralized exchanges would be using two or more of the top exchanges. This way one will be able diversify there funds into many different exchanges and as such minimizes the risk of closing everything when a particular exchange get compromised.
You know it’s hard to find reputable and reliable exchanges as all of them claimed to be on top of the market, leading from the rest of the trading exchanges. That’s the reason why we need not to stick with a single CEX, but have different exchanges for diversity of our coins. That is to avoid losing all our coins in an instant in just a single exchange, and by putting only minimal amount of it, that will also lessen the risk from losing.