To be honest, I have been using Bybit right now after I had a problem with Binance. Though Binance fixed my issues and my account became normal, still I am afraid to use it. I even use Binance sometimes, but it's for small funds only; for big trading, I use Bybit. Very rarely have I been using instant swap, but if I have to use it, then probably I would use b1exch exchange.
Everyone have what they feel is best for them to use and if you are using Bybit and you are okay with it then there is no problem and moat of this exchanges have good reputation and which everyone, everyone have there own different experiences and I have used all and they all have delivered well so I have used everything and I love the vibe they give because the only the issue I have now is that does guys in p2p are just something else most of them are difficult people to deal with.
Whatever centralised exchange I have been using, I usually don't store any funds there. Bybit looks smooth to me as an alternative to Binance. Still, I like Binance, but I am just afraid because of my previous experience with them. Instant exchange is better but needs to be trusted. b1exch is one of the instant exchanges that I could trust right now.
Anything aside trading your funds should not be stored in an exchange because that is the mistake most people do exchanges should be for transactions wereby, wallets are to keep your wallet, and from the look of it we have to do what we think is best for our assets which is security of the assets. And when it comes to exchanges there a lot out there and from the reviews you will know which one is the best most people don't even care about the reviews.