Apakah Binance termasuk Crypto Exchange?

Could you please elaborate on whether Binance is considered a cryptocurrency Exchange? It seems to be a highly popular platform for trading digital currencies, but I'm curious about its official classification. Does it fulfill all the necessary requirements to be deemed a Crypto Exchange? Also, how does it compare to other exchanges in terms of security, transaction speed, and the variety of cryptocurrencies offered? Understanding this would help me determine if Binance is the right platform for my trading needs.