The Merge - Should holders have ETH in their own local wallets vs. exchange during the merge?

Howdy

I feel to keep in mind that through the BTC forks (Bitcoin Cash?) up to now, once you had the coin in your local wallet (to which you own the personal keys) before the fork, you had the same amount of cash on the previous and forked blockchain.

Let's say you had a wallet tackle ABC on BTC with 2 BTC on it, they usually created a fork like Bitcoin Cash. In case you had the two BTC on it in the course of the fork, you additionally had entry to a Bitcoin Cash wallet with 2 models of the coin on it.

I also keep in mind that exchanges credited you the additional cash up to now however stopped doing so sooner or later.

I just needed to learn up on how Binance will handle the fork. From what I discovered, they may only credit score you the new ETH (2.0) and not any cash from potential forks which may happen.

Do I keep in mind the small print appropriately, or am I improper? Which change will credit coins from potential forks because of the quantity of ETH you had when the fork occurred? Wouldn't it be sensible to maneuver ETH to your native wallet earlier than the merge to make sure you'll not lose any cash for potential forks?