Let me start by saying that I only know DEX and CEX, but TEX is alien to me in cryptocurrency dealings. Regardless, I will continue to use CEX which is against the advice of everyone, I have my own mind and decisions to make. I will only continue to be careful with them and be smart with trusting my assets in their custody.

I believe many who would condemn CEX are using it, but I don't pretend. This is actually the arrangement that best suits my trading and exchange experiences, not DEX which is not much liquid and might depend on a certain waiting time. But CEX is fast, convenient and readily available, it's such an arrangement that has a lot of businesses built around it that anyone could transact easily and swiftly without hassles.