Yes, it is right. Many people who already use Binance agree that they also do not have any problems or complaints about trading on that exchange. They verify their account without waiting for a long time and I think Binance can take care of their document right and in the other place so the exchange prevents the bad things that can happen. But once again, we can only suggest he continue using Binance and verify his account without forcing him to use Binance like us because he is free to select the other exchanges.
I think it's important to stay alert. although Binance is widely used and has proven to have a good reputation. but we are not aware of other factors that may contribute to fraud attempts by others.
Believe it or not, in some social media groups, you will see people selling Binance accounts and other verified exchange accounts. I don't know their motive for doing it.
I also use binance. to trade and hold assets. So far, I don't think there's a problem.