What is the most important thing in cryptocurrency trading? Of course, it's making money. Besides making money, there is also capital safety.

If you can't even ensure basic capital safety, and your principal can be at risk, then the money you earn isn't yours, and personal profit is out of the question.

Now there are quite a few CEX exchanges in the crypto world. Why do I only trade on top exchanges, especially Binance?

Some smaller exchanges do offer higher commission rebates, meaning lower fees, but I still choose to trade on Binance.

Because, for CEX exchanges, the most important thing is the safety of user funds, and Binance is undoubtedly the safest.

The crypto world has no legal supervision. The bigger a player gets, the higher their market share, and the more constraints they face in the game with users.

Binance has managed to be the market leader and maintain that position, which surely fulfills one of the essential user needs: capital safety.

Good and bad are comparative. There is no perfect exchange.

Often, for some minor issues, people criticize Binance. It's just that as the industry's leader, Binance attracts the attention of most users, and hence the most criticism.

But if you think about it carefully, has Binance really encountered any major issues in these years regarding the most important matter of capital safety?

Binance still maintains its position as the market leader, indicating that most users know how to vote with their feet for which exchange is the best and safest.