Dont have the right to know WHO OWNS YOUR MONEY

[Aabcde]

Yes indeed every exchange has its own rules. I think as long as our funds are safe and they are still trusted, it doesn't matter where they are. Because this is a service business where high trust is needed. And so far there is no bad complaint about binance. I don't want to defend binance, but I just want to highlight that they are professionals. On the other hand, if the op is afraid of missing funds or something bad happens, it's better to withdraw your funds from there to your cold wallet. I think that's a very effective solution when you don't get a satisfying answer.

[Mike Mayor]

This is what I really hate about KYC and what makes me feel very uncomfortable. These people know who you are but you have no idea who they are. This is not fair. They want to protect themselves we can't.
It's not like they were even asking about an individual person but rather the companies location. I mean I can understand a smaller company not wanting to give its location but I can't understand such a large company being so secretive.