You’ll have to give it to centralized cryptocurrency exchanges (CEXs). They are the default entry point for millions into the world of digital assets. They offer user-friendly interfaces, high liquidity, and familiar trading experiences that mimic traditional financial institutions. However, this centralization is a stark contrast to the decentralized ethos of cryptocurrencies, and it introduces significant dangers to your financial privacy
source: https://medium.com/pivx/5-dangers-of-centralized-exchanges-for-your-financial-privacy-55ff7f8e4eb3?source=rss----430d9242e45e---4