Well, I guess having a big amount has some advantages when trading, but if I were one of these people, I wouldn't deposit such a big amount to an unknown exchange like WOO. It's my first time hearing this exchange, but at least it is listed on CoinGecko at rank #74 with some details according to the CoinGecko penetration test under cyber security fails. So why would I trust an exchange that fails ondidn't pass cybersecurity and penetration tests?

It is way more safer to use a known exchange in the top 10 in CMC and CoinGecko and diversify your funds on 2 to 3 exchanges; at least you don't put all your funds in one basket.

We know, "Not your key, not your coin. It is that simple." but there are no platforms yet where you can trade with your own wallet that you fully control.

Well, I guess having a big amount has some advantages when trading, but if I were one of these people, I wouldn't deposit such a big amount to an unknown exchange like WOO. It's my first time hearing this exchange, but at least it is listed on CoinGecko at rank #74 with some details according to the CoinGecko penetration test under cyber security fails. So why would I trust an exchange that fails on cybersecurity and penetration tests?

It is way more safer to use a known exchange in the top 10 in CMC and CoinGecko and diversify your funds on 2 to 3 exchanges; at least you don't put all your funds in one basket.

We know, "Not your key not your coin. It is that simple." but there are no platforms yet where you can trade with your own wallet that you fully control.