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.
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.