Yeah, and what if Binance suddenly becomes a crappy exchange when something much better comes along, or if they start getting regulated by the government? I'm not sure that keeping an exchange-based token for the long term is such a great idea.
I also have the same opinion mate. I feel that ERC-20 tokens only being used for P&D scheme. In this case, Investors also exposed by two risks from a different entity, i.e., ethereum and binance.
Exchange-based token (and other ERC tokens) only valuable if ethereum still useful, and the business itself are still relevant.