Arbitrage with a low volume exchange? Nah, it wont help. If no one will buy then it makes no sense.
Its gotta be hugh volume as your favorite exchange to make it happen. But that is a hard task with a high risk so I am staying with only one.
Yes, I am using Binance and I am okay with it since I can also do it with my smartphone.
Looking forward to see the exchange that you are talking about. I hope it will be in a legitimate way.