Noncustodial defi will solve this, but defi contracts have so far often been light on auditing and heavy on compromise risk. I look forward to the day defi fix

Noncustodial defi will solve this, but defi contracts have so far often been light on auditing and heavy on compromise risk. I look forward to the day defi fixes this, but right now, and especially with the difficulty of fiat on-ramps to defi, I think the balance comes down in favor of trading on a reliable CEX and never holding funds on an exchange that you aren't actively trading.