But what I really want to express on that hold part is for trading purposes. Buying only there and withdraw to the wallet that he plans to hold for long term since the price there is much lower than DEX which is good for long term investment.
On DEX, you will have to bear for a little loss in slippage and it relates to liquidity pool too. People like CEX more than DEX because on CEX, no sales tax, no slippage, trading fee is known and usually a lot smaller than slippage on DEX.
On CEX, you can set up your buy or sell price with different types of order. You can not do it on DEX.
I get the point on holding on exchange is very dangerous but it also depends on how long you will hold on it and what is the size of the exchange you are using. Cryptopia is a mediocre exchange that time while MEXC is much bigger than them. Besides , Cryptopia give advice before they close and they offer a refund for all the fund leave on there exchange. Mt Gox time is over. Just saying.
MEXC and OWL team are very well with collaborations, from token listings, AMA and many events.
People should follow Twitter accounts of MEXC and OWL games to be updated.
MEXC:
https://twitter.com/MEXC_Global/status/1538050219967119360 (latest announcement on $OWL/ USDT trading pair)
OWL DAO:
https://twitter.com/OWLDAOio/status/1532827477097193483 ($20,000 reward pool for 400 winners)
OWL Games:
https://twitter.com/TheOwlGame