My bank is already pure virtual with no physical locations, so yeah I would trust that. The problem with a crypto exchange isn't "not having an HQ" but rather

My bank is already pure virtual with no physical locations, so yeah I would trust that. The problem with a crypto exchange isn't "not having an HQ" but rather the lack of regulations. A bank has regulations so they can't really be as scummy. So if there were proper regulations in place then it wouldn't be a problem. It wouldn't matter if it has an HQ or not, it only matters where the company is registered and how that country regulates it. I believe currently Binance is registered as a company in Singapore, but I could be remembering wrong.