Too new to be trusted. When someone told me about it, I went in and there was no option for Steem of SBD - then I found out they use a coin of their own name to charge fees. Funny, that's what BTS is for on Bitshares, the difference is that Bitshares can't be dragged into court or before congress.

Eventually, even if Binance is proven trustworthy, they will have the boot of government on their necks to get photo ID's and the like. So, why bother with it.