Binance dont need KYC and enable trading between altcoins and withdrawing up to 2 bitcoin per day. More than 2 bitcoin require KYC.
Yep. Binance is one of the CEX that has a large daily limit of withdrawal as much as 2 BTC per day without the need to complete the KYC procedures. That's one of the advantages for Binance users, which is rarely found in other markets.
Now a days id verification or KYC is mandatory in every major exchange, so i happen to ignore all big exchanges whether it is bittrex or binance.
Exactly. Because the function of the KYC system itself can prevent Anti Money Laundering. That's why for now, a lot of Centralized Exchange requires all users to complete KYC procedures.