It's really easy, the biggest exchange is the best exchange. Only because many traders go there to trade, which indicates that many people trust it, therefore in terms of the security of your money I think you cannot complain about safety for example to Binance. And in my opinion, the biggest exchange makes them famous, so why trade on a new exchange when there are already large exchanges that can ensure the security of your money?
Well, I guess many exchanges serve different features at their exchange like their fees, their security, their interface, and their customer service are different too between a big exchange and a small one. Mostly I used an exchange that had good customer service and was not laggy because I'm not using high-end pc/laptop of course security comes first.
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