I dont think that for serious traders who are committed to constant KYC trading will be a problem. I agree the exchange should know who is trading in large volumes from them.
KYC is not a problem, this procedure can not be canceled, it was invented to eliminate scams.
Yes, I understand that KYC was designed to reduce fraud, but I do not always understand why it is used in bounty campaigns, when KYC doesnt need developers to ask for it anyway.
And why should KYC be held by those who trade not a lot of money on the stock exchange. Where can there be fraud if I have 500 dollars in total on the exchange? KYC is needed only for large investors and players on the exchange.