Many bigger investor are in Binance exchange they will pump when listing new coin there, but although binance have worth with bigger investor you must be careful when investing with new coin after listing more than several day because price down and hard to get back on higher price, just investing with potential coin.
Exactly, most of the investors are mainly focusing on investing in Binance exchange because I hope a lot of people of trusting this Binance exchange. Most of the whales used to pump their desired coin and it will surely help many other people to make a decent profit. I hope Binance one of the best exchange for trading the coins.
It's not about trust, Binance has been hacked already so why would you trust them? It's about Binance liquidity, in my opinion that's why many traders are still with them ever since the beginning of that exchange. And even though it's decentralised as hell, people tend to go there because almost all coins are listed in Binance.
But there are a lot of good exchanges as well, specially DEX that traders need to look at specially this 2020.
Decentralized exchanges are having lower attention as compared to the centralized exchanges. Binance has been uprooted it's stem into the cryptocurrency trading markets since years and that is what makes it one of the most trusted exchange so far. Most of the people who use binance as their trading platform might not even be aware that it is a decentralized exchange.
People usually look for liquidity, trading volumes, number of listed coins, age of the exchange, some reviews from trusted platforms, etc which allows them to select a suitable exchange. Binance has been my top exchange which I am been using since years so it is not harm in suggesting other (especially newbies) to start using binance.