This recently I decided to transfer my coins to BINANCE rather than using my own country exchange which is PDAX (Philippine Digital Asset Exchange) this exchange is new and I think they don't offer insurance on this exchange if something happens and needs many more improvements especially in trading because they only offer 6 coins BITCOIN,BCH,LTC,XRP,USDT and ETH.
Then I discover Binance In my opinion Binance is one of the most trustworthy centralized cryptocurrency exchanges out there.
Not only that they were able to avert disaster twice by spotting irregular trading activity early enough to take preventative action, with both the sys coin and via coin API attack.
On top of that, Binance had an extremely deep pockets that allow them to cover any user losses during an attack. They are even putting 10% of all transaction fees into an insurance fund to protect against future mishaps which makes me confident to use this exchange rather than in previous exchange I use.
If you are a newbie don't worry there are many tutorial videos available to watch to better understand the platform or use the Binance app which has a newbie friendly interface.
