Crypto exchanges review

For anybody just getting started with the crypto investments below are two great platforms.

First is Coinbase which is a crypto exchange that is US based and allows you to link your credit card and checking accounts and buy 4 mainstream crypto currencies:Bitcoin, Bitcoin Cash, Ethereum and Litecoin.
They have a mobile app and very secure login process (requiring two-factor authentication).
A bit of a down side is that the crypto you buy with them is stored in a wallet which is hosted in the cloud and they have access to your private keys. However, what they are good for is to transfer your US dollars to crypto currency, which you can then transfer to your own secure wallet(I will cover this in a differnet post later)

The second exchange is Binance which is a Chinese based and its advantage is that it supports numerous other crypto coins.
They again have very secure login process (supporting two-factor auth) they do have a mobile app which for some reason is not accessible form the US App Store.
Binance is great to purchase variety of different coins on the go, yet it is not great for storing these crypto’s long term since the wallet is also stored on their cloud.

I have been very pleased with both exchanges and their fees seem to be quite reasonable.

https://www.coinbase.com/join/5937f2add3a9094b4e985a82

https://www.binance.com/?ref=16502857

At the time of this weiting all other crypto exchanges such as Kraken (user verification is disabled) , Poloniex (verification is not working) and Bitfinex are so overwhelmed with new customer registrations that they stopped accepting new accounts or havesever issues with accounts verifications.

What is your experience with the various crypto exchanges?
Why do you prefer one vs the other?