Exchanges are not secure way to hold your crypto. Crypto technology is secure, but exchanges are not.

We are witnessing too many "CEX got hacked" news.

Just ask yourself how many times in the last couple of months you read news about some exchange getting hacked?

Exchanges are not a good way to hold your crypto assets.

Take a look at this table I have found in less then a 10 seconds:

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https://preview.redd.it/91f4c8ajxvsa1.png?910&format=png&auto=webp&s=3b357efc08c7da4cc1a8eec1bd905ca3d4ead9d7

The problem here is, untill we get better security on most popular exchanges we won't really see crypto adoption. Bad exchanges are leaving bad impact on crypto, just take a look what people from FTX are doing.

If you have a larger sum, create wallets, create multiple wallets and write them all down, buy a hardware wallet, do anything, just don't hold them on exchanges.