Nearly all exchanges require photo ID or some sort of legal identification and some require more, like a proof of address. I kind of feel uncomfortable giving such information. I want to buy bitcoin and was looking at buying it from Bisq. However, I found the fees that exchanges offer (which some were <1%) much better than those in Bisq, which in some cases were around the 8-10% range. I want to trade in Bisq because of said privacy, I feel the government might cause me trouble in the future if they find out I trade bitcoin. I’m not doing anything illegal its just that I don’t want trouble with my taxes. Am I just being paranoid or is it worth it to trade on Bisq?
I live in the UK. Sorry if it’s a bad question.
Also, is [totalcoin.io](https://totalcoin.io) a good exchange since it seems to be No-KYC?