Is Binance legit?

Good day, I've been hearing a lot about Binance recently and I'm quite intrigued. However, I'm a bit hesitant to invest my hard-earned money without knowing for sure if it's a legitimate platform. Could you please enlighten me on the legitimacy of Binance? Are there any red flags or concerns I should be aware of before diving in? I'd appreciate any insights you can offer. Thank you in advance!