Binance cannot be easily destroy ,even the controversial kyc hack didnt made any impact to binance exchange, majority of crypto users trust binance , funds are always #safu
That's certainly true, mate. Not even the most recent KYC hack, has affected Binance's trust among people in the mainstream world. It shows us that the exchange is resilient, capable of withstanding anything along the way. By complying with worldwide regulations, Binance exchange could gain an edge over its competitors in the long term. It has always delivered the latest features to the crypto industry, being one step ahead of other exchanges. Right now, Binance is the top crypto exchange of the world, followed by Bittrex and BitFinex. If competitors want to take down Binance's reign, then they would need to innovate in every way possible that would obtain massive adoption within the mainstream world.
Now that Binance has launched its DEX, along with its very own Blockchain, it could get the attention from businesses and startups looking to launch their own ICO (or IEO) tokens at the lowest price possible. For once, Ethereum was the #1 platform for ICOs but with the rise of other alternative platforms, that's not the case anymore. Binance's blockchain platform (Binance Chain) proves to be faster and cheaper than ETH and most other alternatives available on the market today. This will attract several crypto projects into Binance, greatly reducing ETH's market share. If this happens, then Binance will not only dominate crypto trading, but also IEOs and STOs.
Which is why, it's very unlikely that Binance's reign will end anytime soon. It's too big to fail, unlike no other crypto exchange in existence today. Perhaps, someday it could disappear from existence if something catastrophic occurs like a government crackdown or a massive hack where losses cannot be remediated. But it may take quite some time before this happens. Just my thoughts