Sooner or later, these platforms will turn into a model closer to banks, especially with the possibility of issuing unified global regulatory legislation, so try to use the minimum level of accounts in which the requirements are mostly a passport, a selfie and some words, and mostly an invoice, just as is the case with Express level, but if you intend to withdraw large amounts, I advise you to create an account in several platforms instead of increasing your current account restrictions by providing more data.
That's what I should've done in the first place. But I was stupid enough to become fully verified, just because I was in a hurry to sell some crypto. Do not make the same mistake as I did. CEXs are the main target of hackers, not only because they hold plenty of crypto in their reserves, but also because they store personal information. If the CEX has strong security standards, hackers will have a hard time getting access to them. But I wouldn't trust these entities (CEXs) especially when they're centralized.
That said, I believe DEXs are a much better choice. The only issue is that you cannot buy sell/crypto with Fiat using a DEX. You'd need to make a balance between both exchanges' advantages/disadvantages to make your move. Who knows how long Kraken will last?
