Will it affect you in any way if Binance completely shuts down ? I know there will be lot of devastating affects on crypto market of this incidence like bitcoin price will fall very sharply. Many users will also loose funds and some will loose faith on crypto.
There are pretty solid alternatives on the market, like coinbase bitstamp, Kraken, and many other small ones in local markets.
Bitcoin was already big when binance was founded in 2017. Bitcoin and cryptocurrencies don't need binance, it is the other way around