Should I format hard drive to exFAT?

Related questions

1. What is the best format for external hard drive Mac and PC?
2. Which is better NTFS or exFAT?
3. Can Time Machine backup to exFAT?
4. What format is compatible with Mac and PC?
5. Can Windows 10 format exFAT?
6. Can you convert exFAT to NTFS?
7. What is the best allocation size for exFAT?
8. Can you format a hard drive for both Mac and PC?
9. Which is better exFAT or fat32?
10. Should I use NTFS or exFAT?

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21. #which