There’s a number of reasons to avoid a centralized exchange if you can.
These are my personal top 4 reasons
-H
https://beincrypto.com/crypto-exchanges-least-trusted-financial-institutions/
Crypto Exchanges Are the Least Trusted Financial Institutions, Survey Says
According to a new report by CoinCover, among non-users, cryptocurrency exchanges enjoy even less trust than credit card companies.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.