I'm not familiar to the world of trading (even the traditional ones). Can someone explain how a crypto exchange (like Binance or Kraken) benefits a cryptocurrency?
When a coin is listed on Binance or Kraken, and if you hold that coins then you can simply deposit it to them and you can sell. It benefited us because it can make us money, in layman's term. You sell your coins then some buyers will pick it up and pay you, simple as that.