It is quite interesting to see Binance so low on a metric based situation in an exchange list. Normally we love them so much and almost everyone uses them, Gemini is not a bad one if you are talking about the winklevoss twins thing, I don't know if there is any new one because I haven't followed up on exchange news lately, but they are not as easy to get in and get out, which is why I doubt it would ever be number one pick in the world, maybe in the USA one day.

The thing binance lost was the legality question, which I understand, we are not even 100% sure where their headquarters are but they probably do it for prevention instead of anything else, when you deal with tens of billions of dollars, physical protection must be a vital importance as well, I had a friend who works in exchange and owners lose sleep over any risks that may happen, it is a very tough business to start.