scared about online fraud ...

[Harlot]

You don't have to be scared at anything at all if you know what exchanges or people to be trusted. Right now the people only getting scammed are the ones who are risking their money to "too good to be true" kind of deals but if you do your own research you will see what sites or exchanges are good to buy and that is where you will of course buy the cryptocurrencies you want. And about KYC requirements, this sites are of course can be trusted with your personal information as they are requiring it with in the compliance of the law.