Not sure what made you look at the KYC as annoying when you are talking about centralized exchanged? meaning they are complying with governments concern so KYC is a must , if you don't wanna comply then never use centralized exchanged at all.
if you also believe that CZ is most credible faces then you should listen and follow what the company asks yo?

but about the affect in bitcoin , this will only be a short term issue and believe me that it will changed eventually .