Your favourite exchange can be nowhere to be found

[Cryptoprincess101]

The reason why most people prefer to store their coins on exchanges is due to the difficulty they face why withdrawing their coins from non custodial wallets to exchanges because of high transactions fees and congestion in mempool that basically takes more time even days before transactions are confirmed and is not everyone that is hodling Bitcoin as majority of people are just interested in swapping their Bitcoins to fiat especially when they have recorded a little profit.
The percentage of hodlers is very low because most of the people that uses non custodial wallets are long term investors so they prefer to store there coins for a long interval knowing too well that they can have access to their coins anytime with the use of their seed phrases.
But for short term hodlers, they mostly use exchanges for easier transactions.

[Adbitco]

Those who keep funds on exchange are those who is trading on a regular basis and it's very hard to keep moving fund in and out when they want to carry out some trades as the case may be, you know as a trader there should be some funds on reserve in the exchange, what I will like people to do is to always move out their fund when they have made enough profits in their trading than keep accumulating the whole fund inside exchange when collapse come they lose everything. For investors, it's advisable to use a noncustodial wallet where they can have access to their private key and seed phrase.

[Rikafip]

I don’t just know why some people do take the risk of leaving their coin on exchange, we all have seen different exchanges that failed previously, lots of exchanges have been hacked before, I just dont know why some people are not learning from things that happened previously

Laziness and ignorance, as simple as that. Luckily for CEXes, theere is a constant influx of new users that no very little about all the dangers of using centralized exchanges to store their crypto.

Those who keep funds on exchange are those who is trading on a regular basis

That would be great if those were the only one who are keeping their crypto on exchanges. In reality, biggest "problem" are those who are using centralized exchanges for a long term hodl, as they mistakenly see exchanages as a sort of bank while in fact they are much worse than them and offer bascially no protection at all.

[tranthidung]

Laziness and ignorance, as simple as that. Luckily for CEXes, theere is a constant influx of new users that no very little about all the dangers of using centralized exchanges to store their crypto.

They prioritize convenience than safety of their fund and it's easily to ignore risk even they are already informed about risk.

Like in Bitcoin forum, there is a pinned topic about that but I doubt that most of members, newbies read that thread and if they already read, they actually apply it for their fund storage.

Reminder: do not keep your money in online accounts

Information, warning are good only for people who are open-minded and ready to change from thinking to practice.

[DubemIfedigbo001]

mempool should not be a reason to choose exchange to keep bitcoin over good non custodialwallet

Exactly, your coins should be in your noncustodial wallets if you intend keeping it for a longer time for safety. The come that goes into your exchange should be those that you intend trading with. The mempool shouldn't be an excuse at all because you pay a greater price when you lose all your coins to CEX bankruptcy.

Some people give the lame excuse of accumulating their coins in the exchange to send it as one piece to their  non custodial wallets, but its still possible to do same with two  accounts in the same noncustodial wallets at a cheaper rate because sending to and fro exchanges costs more transaction fees. Safety of your coins is very important abs a serious issue because once its gone, its gone forever.