About Centralized Exchanges:
- Deep down, harbor distrust for centralized exchanges; avoid derivatives trading with them.
- Use centralized exchanges as a means for cross-chain transactions or buying fiat currencies.
- If there's any FUD (Fear, Uncertainty, Doubt) regarding the exchange, withdraw all funds immediately—even just one dollar.
- Centralized exchanges can serve as a good entry point for careers while providing passive information intake; using them effectively depends on individual skill.