Isn't the better to use DEXs instead of CEXs? The answer seems to be obvious.
Very possible it is more like Hyperliquid. According to what I found out about the exchange, it is a decentralized exchange. I guess it is one of those Web3 exchanges.
Web3 was proposed to be decentralized, but all the platforms that are web3 that I have seen before, they are all centralized, including hyperliquid when
jI tested it.
Only what they offer is that you do not need to register and no KYC but with just your email, you can connect with the verification code sent
ro yooto you or connect through
anyoneany of those Web3 wallets or Wallet Connect.
They are all just centralized as long as you deposit money to their own addresses which you have no full control over.