I trust hardware wallet more than my bank account and Binance exchange, but if you are ask to choose between banks and Binance exchange which one do you trust the most? I throw this question to crypto friends around me and they choose Binance exchange.
I think that both have a different function for me, except that it is for investment or saving money. For the usage and the trust, I think that bank has more security than Binance, although nothing is perfect 100%, banks are commonly guaranteed by certain constitutions in a country right?Although there are some cases in which banks make some problems and lose money, this case is probably not really much. However, if it is about saving money for the long term, I will not choose banks because I cannot earn profits from saving money in banks, only a small amount from deposits and this is not worthy