RE: If you are involved in Crypto you need to file a complaint against FinCEN's proposed Crypto rule changes!
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Use a DEX in the mean time to be safe. Never put all your coins on 1 exchange either.
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DEX is not the ultimate solution... because DEX only works with tokens, not full-fledged cryptocurrencies, one needs to have intermediate step to swap between wrapped tokens and the cryptocurrency. This will increase the fees exponentially and triple the security risk.
Waves doesn't use tokens. It even has z address support for zcash.
Not true... Waves doesn't use smart contracts, but it does use tokens.
It has tokens, but it also used Bitcoin, Litecoin, Monero, Zcash, and a few other blockchain ledgers on their platform, natively integrated.
You have the private keys to your wallet too which signs the tx on all those chains.
You can also integrate CryptoNote with Ethereum or Tron blockchains natively, because CryptoNote and Tron use compatible address coding derived from Bitcoin and ERC20 is largely compatible with TRC20, but that doesn't mean there is no extra fees... As long as you use more than one blockchain, there is always a fee, if the blockchain itself has a transaction or node fee. Some blockchains allocate "resources", but those are just "prepaid" fees...
So what does this teach us?
There is no decentralized exchanges... There is just exchanges that use internal or external bookkeeping... So-called decentralized exchanges are not more secure as they rely on trust that the contract operating the exchange and contracts operating the tokens are safe and bug-free.
Like I mentioned earlier centralized exchanges can have a lot lower fees due to internal off-chain bookkeeping.