The problem with binance are that the fees are insanely high.
As long as they do not try to implement "kyc" or "aml" in their exchange, they will remain being the top 1 exchange for a long time..
Binance will continue to grow. I like all these advanced token-based sharing sites like Binance, Kucoin, Cobinhood, etc., they all have a big community and a big future.
In order to secure people account from the hack, they will ask for KYC documents because in last conference i hear very soon they are going to conduct ICO's on Binance exchange and the Binance exchange has the legal team where they will do the verification procedure on behalf the people.