KYC/AML hurdles on Polymarket-like platforms

Anyone else finding the KYC/AML process on these prediction market platforms a bit... much? I get the need for compliance, especially with the amounts some folks are putting down, but the onboarding friction can be significant. Sometimes it feels like they're actively trying to discourage participation with the hoops you have to jump through. Is this just the cost of doing business in this niche, or are some platforms genuinely better at streamlining this without compromising security?