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The risk I'm more concerned about is the risk of cops accessing info and of felony charges.
The risk of cops busting a buyer (of personal use amounts, or even enough for a couple friends) is almost nil for the DNMs because of the amount of work necessary, but a buyer's odds of getting caught during an in-person deal go up drastically because even if they're just after the dealer, the buyer usually gets fucked too since they're right there and part of the bust. The risk of cops busting a dealer/vendor depends a lot on the volume they move, whether it's online or in person. With good opsec the risk is still much lower for vendors than it is for dealers in person. There's also no risk of getting jumped and beaten/killed while you're making a transaction.
Unfortunately, nearly all sellers keep records of their customers and there isn't anything you can do about it. Your number is in your IRL plug's phone and the cops will seize it. The cops may raid your DNM vendor's house while he's using the computer and has everything decrypted. With thoughtful market design you can ensure that only the seller has your info, so that this risk is no higher than for IRL transactions with no third party. But it'll never be 0