In the early days, I had an account there and it seemed that they support every single shitcoin in existence. Hundreds if not thousands of them. Handling each one securely requires a massive coding effort and greatly expands the attack surface area. Security risk is real.

On top of that, their CEO was a fugitive and got hit with massive fines. They seem like they are in the crosshairs and powerful entities are seeking their demise. For these reasons, Binance may fail.