One of the good new exchange is abcc exchange, an exchange based on mining, another new generation of exchange is bgogo exchange, it is very nice to see such new ideas and I'm sure we will have some binance competitors in future, and then binance would decrease the fees to survive.
If there are more competitors means they exchange will try to give their services at least fees but now Binance has more trading volume than other exchange because they are offering the service at very low when compared to others but if there are some new exchange also offers those pairs with lesser fee then the user will have more benefits.