Quote from: SquirrelJulietGarden on April 14, 2025, 11:58:49 PM

Centralized exchanges are still contributing most trading volume in cryptocurrency market. Decentralized exchanges are falling behind with much considerable smaller trading volume and limited liquidity.

This is big advantage of Centralized Exchanges that makes them attractive as most favorite place to trade, and also consequent terrible practice of fund storage on CEX by many cryptocurrency users and traders.

This dangerous practice supposedly to avoid as much as possible.
Reminder: do not keep your money in online accounts.

You're absolutely right, centralized exchanges (CEXs) still drive the lion’s share of trading volume, thanks to their deep liquidity pools. That’s a huge draw for traders, but it also fuels the risky habit of storing funds on these platforms, which we should all aim to avoid. Decentralized exchanges (DEXs) are trailing with lower volumes, though they’re making strides. I was just reading about how some CEXs, like Binanc which is somehow around their 8th year and BingX, which recently is promoting their seventh years in the game, keep refining their offerings to stay competitive. Still, the challenge for CEXs is nudging users toward safer storage without losing their appeal. Got any thoughts on DEXs that might shake things up?