Big CEXs Are Necessary — Use Them for Liquidity, Not Long-Term Custody

I believe centralized exchanges are necessary, especially large ones like Binance and Crypto.com. They provide the liquidity, fiat on/off ramps and usability that keep crypto markets functional for most users.

That said, I accept the centralization and regulatory risks. I use major CEXs for active trading and fiat flows, but avoid leaving long-term holdings custodial — instead I diversify platforms and keep long-term assets in self-custody.