Most traders make use of exchanges not minding the way they are being centralized by the nature of how they appear and the risk a centralized exchange could possess, when we are to make any of our selection, it is very important that we consider the way some of these exchanges operate, know their terms and condition and also be ready in facing any kyc related challenges with using them, however, we must not also forgot that when we are not trading, it is better we have our fun on a personal wallet and not on exchange, this is most applicable to the long time holders.