If you trade on the Binance exchange or other centralized exchange where KYC is passed to another person, you risk losing your Deposit. At any time, the exchange may require re-verification and if you do not have access to the documents of another participant that were used for KYC, your account will be blocked.
Never heard that someone (ie. Binance) asked to pass verification once again. Do you know how the exchange will act, if I provide other documents, than I used to pass verification before, because my previous are expired? For example passport's ID changes when you change expired to new one. Also expired one is taken away and it is impossible to provide old one and new one to exchange.
If you lose access to your account, you will need to re-verify it. And if your documents have changed, you will pass verification without any problems. But I wrote above that if you passed KYC on someone else's documents, you will not be able to re-pass it on your own, since there will be a different name and surname.