Dear @joynalabedin,

Your knowledge about the current situation of the market is very good. Your post is very informative. There is no doubt in saying that bankruptcy of the FTX exchange has made many challenges for the investors as they are now afraid of investing in them.

Overall, users should be aware of the risks associated with centralized cryptocurrency exchange platforms before using them.

Centralized Exchanges are under the control of the respective country and there is no as such privacy of the private keys to make the funds secure and private. So, the decentralized exchanges are always best option for holding assets.

I wish many success for you in this week of the contest.