It isn't fungible at all since every coin has a history which in some cases makes it unspendable, so it is highly risky to accept transfers without a third party chain analysis report, otherwise i agree
Report which you don't get from centralized exchanges. So you have to trust them and they should somehow be liable for the provenance of what they sell to you.
Probably most CEX don't allocate UTXOs upon buying, but only for withdrawals
Probably most CEX don't allocate UTXOs upon buying, but only for withdrawals