Does Binance require a verification to trade cryptocurrencies?

As a cryptocurrency enthusiast and investor, I'm often curious about the various platforms and their security measures. One question that frequently arises in my mind is whether Binance, one of the largest cryptocurrency exchanges in the world, requires verification to trade cryptocurrencies. The reason for my inquiry stems from the increasing importance of security and compliance in the crypto sphere. I understand that platforms like Binance have to adhere to strict regulations and ensure the safety of their users' funds. Therefore, I'm interested in knowing if they mandate a verification process before allowing users to trade on their platform. Such a process could potentially deter bad actors and provide a more secure trading environment for all users.