Binance urged its community not to worry for their assets, assuring them that “funds are safu”, citing the former chief executive Changpeng Zhao (famous simply as “CZ”), who stepped down recently, handing his position to Richard Teng.
Having worry about exchanges is necessary for those who still use exchanges as a place to store money beyond the amount needed for trading because funds stored on exchanges will not provide complete security.
Binance exchange is recognized by the majority of traders as a good exchange because of the features there, which does not mean that we completely give them confidence in our funds there.
The best wallet for storing assets not on an exchange. For those who are worried about maintaining Binance exchange, then it seems to me that you have thought right even though they say there is no need to worry.