Newbies should be aware about the dangers of centralized exchanges and the number of posts (also in our local board) about issues with centralized exchanges is quite high and in the end, it is always leading to the conclusion that these Newbies "didn't know about it".
Well, if we can make aware about it, they might know about it, before it happens.
Well, if we can make aware about it, they might know about it, before it happens.
That is why I wrote a detailed guide, based on my 7 years of experience, on how to interact with centralized exchanges. It describes the common mistakes of many beginners that lead to loss of money, I explain what you need to do so as not to expose yourself to additional risk: My 7 years of experience with CEXs (4 years on Bitcointalk)