Anyone use Binance without verification... and if verified, anyone get verified without a passport? Also, how much do you trust these new exchanges? If you frequently trade it means you have to keep coins on the exchange for quick moves.
I used Binance for quite a while with just the basic Level 1 account and no verification, but the 2 BTC withdrawal limit started to get in the way when I would move funds, so I used a passport and verified the next level up. I trust them, and I am aware of risks keeping coins on exchanges, but there are risks keeping coins in hardware/software wallets as well.