Calvin Ayre, one of the strongest supporters for BSV, has claimed that Binance will be shut down in 12 months due to illegal practises.

However, this claim should be taken with a tablespoon of salt as BSV was publicly spurned by Binance, which led to other exchanges following suit and delisting BSV as well.

I have used Binance for quite a while now and I like the fact that they constantly introduce new features to their platform, the latest being the Lending and Staking features. While this will encourage more investors to deposit their coins into the Binance wallets, it also increases Binance's exposure as a valuable target for hackers.

Nonetheless, it will be prudent not to deposit all your cryptocurrency assets with Binance as it goes against the tenets of decentralisation: not your keys, not your coins!