I think KYC is not that bad. The main purpose of it is for added security and protection not only to your account but specially to the exchange itself. So they could prevent from being used, intentionally or unintentionally, by criminal elements or money laundering activities.
We cannot prevent it anyway, all the exchanges will do the same thing in the future but still there is some risk with regards this thing. We should be careful by giving our information because not all exchanges is worth the risk. Binance I think is still not asking for KYC, this is a good exchange and maybe in the future KYC will be done with this exchange.