Hacker News Reader

There’s a big peer to peer market, fwiw

Bisq, of course.

With a bit more manpower, they could make the UI more usable to the general public. I wish there was an iOS/Android version too.

Use an exchange that publishes proof of reserves, and take custody of your crypto immediately.

What was the point of decentralizing then?

Crypto? Who knows (or cares), but Bitcoin on the other hand has a robust P2P marketplace:

Bisq https://bisq.network/

Hodl Hodl https://hodlhodl.com/

Robosats https://learn.robosats.com/

In a practical note, you can just use FTX and Binance to convert between USD and BTC. Withdraw them as soon as possible so your funds safe (as long as the BTC network)