Is it time we quit binance? Is binance going to close? I myself have a little doubt about it? But I will not tell you to leave binance, but if you want, transfer some of your funds to other exchanges. I tell you the full details in this post why I am saying. First of all, I would say that binance is not going to close so soon as the news is sharing because binance has a huge market value and a huge market cap. For one thing, the news is running in the market that US CEO LEFT TO TAKE 'DESERVED BRRAK', CZ SAYS. Now some people here are saying that he has resigned but he has not resigned but the owner of binance, CZ, has said that he needs a vacation, he is going on vacation. People were making a very penic news on this thing that he left it, maybe binance will be closed but there is no such scene. And after that the market may stay down. The second thing that the SEC has charged against Binance is because Binance is supporting brokers that are not registered applications and scamming people. Some such applications were received by the SEC due to which the SEC filed a case against
Binance. 
SEC has said that you are promoting Some such broker who are not registered and they bring irregular movement in the market. And because of this, technical analysis is not working properly. They are not working properly because when such unregisterd brokers come in the market, they give irregulary movement to the market due to which many people lose. I say if the SEC has taken such a step it is a good step. Binance will try to make itself more secure with this. And it will separate all such brokers from us and it is our benefit. This will allow us to trade with a purely method. But one thing to remember is that all the competitors of good exchange keep blaming each other and currently binance is one of the top excanges so don't be too penic that maybe binamce today or Close tomorrow. There is no such scene. But still I will tell you not to left it but only put as much money on it as you trade. If you have more budget, keep it in your wallet. If there is any new news, I will definitely update you about it. .