I'm a crypto trader, and I've been using Binance for a few years now. My only hesitation is between Binance Lite and Pro... Click here for further details. I've tried out a few other exchanges, but Binance is always my go-to. I know there's a lot of FUD out there about Binance, but I'm still using it, and here's why:

DEXs vs. Binance

I've considered using a DEX instead of Binance, but there are a few reasons why I haven't made the switch. First, DEXs can have high slippage. When you're trading large amounts of cryptocurrency, slippage can eat into your profits. On Binance, I can swap huge amounts of crypto without any significant slippage.

FUD vs. Facts

I'm aware of the FUD that's been circulating about Binance. Some people have accused Binance of being a scam, while others have raised concerns about its security. However, I've never had any problems with Binance. My deposits and withdrawals have always been processed quickly and efficiently, and I've never had any security issues... Of course, once I have made my swap, I withdraw my assets to a self-custodial wallet. I'm not crazy.

Conclusion

I'm not saying that Binance is perfect. No exchange is perfect. But I believe that Binance is the best exchange for my needs. It's easy to use, it has a wide range of trading options, and it's reliable. I'm not going to leave Binance just because of some FUD.

Disclaimer: This is not financial advice.