If we have good exchanges out there better than Binance, then they should do well too to meet up to standard, what they have is same thing Binance has, so they have everything they need to function well and break the monopoly of Binance if they wish to do so, they have caught their profit greed and bring down their own trading fee too to be at pal with Binance, if they had done so, internet would not have even recorded Binance alone as the exchange with the lowest possible trading fee, this is then main edge Binance has over them, aside their intelligent team members who are very creative.
Correct. The competition on exchangers market should be bigger, to other not so popular exchangers offer better terms and conditions than Binance.
I really do not understand why it still take the biggest part of the market. I do not use it at all and apparently never will, because of my country is kind of banned on the exchanger due to political situation between our governments. But I really do not care, because of there are many others.