Among the many exchanges available, there are one and two that can be said to be good and not all of them are bad because they have tried using them as a trading place.
Binance is indeed a large exchange with advantages and convenience for users to trade and all the advantages and conveniences possessed by Binance are recognized by many traders who use their platform, there are even traders who trade on two exchanges, but it is not a matter of regret if Binance has problems and are prohibited from operating in most countries if they are not registered in the country in which they operate.
I think the reason why people are so comfortable with Binance exchange is because of the low patronage of scammers. Out of all centralized exchanges that I know and I have used, Binance take it's time to combat scammers which is good but I think they let their guard down by going into US main stream. If they have disallowed and ban US citizens, they might still be in operation and they can't come after them, this is they style some big exchanges have done and have avoided US problems for many years.
Despite the commotion and CZ exit, the bank propaganda has erupted over the media and this is sending a message that the banks are not happy about bitcoin and what Crypto is trying to do to them or should I rather said has done to them because in all of that videos like CBDC were happy about it and we're shading Binance and crypto. However, I am confidence that Binance will remain stronger even when I don't like much about centralized exchanges.