Yes i am acctually want to tell that. There has no any 100% safe exchange in cryptocurrency market. But Binance is trusted and safe from others i think. And i told it. Overall i am agree with you. I think most whales are using Binance for Trust issue.
Simply put, if beginners are interested in looking at the list of top exchanges, Binance is number 1. So, if we still doubt Binance, what about other exchanges, right? In essence, it is true, there is no exchange that is 100% safe and there is no guarantee of 100$ that the exchange will continue to last forever. Various surprising things may still occur, but, nevertheless, it is indeed part of the risks. So, just choose, which risk to choose and to what extent we take that risk. Rather than choosing a small exchange with only a small market cap, it's better to go to Binance, right? Even if you can't access Binance, there are still other top exchanges you can try and comply with regulations in your country.