Huge CEX have huge liquidity. Probably why Binance got hit with failure to follow antimony laundering practices.

Now, parking stuff there? Maybe ease. People are lazy and most are ill informed. Plus, CEX tend to offer other services such as staking or other ways to earn yield.

Yeah you could go to a DEX. but there’s a lot of risk there. A lot in CEX too but I get why some might trust them more than fly by night DEX that are one bridge attack away from insolvency.