Think of Binance as a casino more than an exchange.

To play there you need to buy USDT/BTC (casino chips) then trade until rich or bankrupt. Then to cash out, you need to send that to a regulated exchange and change for "real" fiat money.

Can become rich or poor as long as the casino still standing. But if the casino suddenly tutup while you are still inside (mtgox, quadriga, many more) then don't cry father cry mother, you knew the risks going into the casino.

Good luck TS, don't get addicted to gambling ya... everything has a price.