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Anonymity in cryptocurrency


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Cryptocurrencies are digital currencies that use cryptography to secure transactions and control new units of currency creation. Since their introduction in 2009 with the release of the first cryptocurrency, Bitcoin, cryptocurrencies have quickly become popular as an investment vehicle and a way to transfer money quickly and securely.

Cryptocurrencies: from investing to real life purchases

Nowadays, cryptocurrencies are not only used for investments but also for purchasing goods and services. Some major online retailers and companies already accept cryptocurrencies as official means of payment, making them available for use not only online but also in real life.

In Japan, for example, cryptocurrencies were recognised as an official means of payment in 2017. This means that more than 260,000 shops in Japan can now accept cryptocurrencies as payment for goods and services.
Cryptocurrency can be particularly useful for international transactions, as it allows money to be sent quickly and securely between countries, bypassing many of the problems associated with traditional methods of transferring money through banks.
However, when using cryptocurrency to purchase goods and services, the risks associated with the volatility of the cryptocurrency market and the possibility of fraud must be considered.


New cryptocurrency mixers: how to make money from transactions?


More and more people are using crypto-mixers to ensure the anonymity of their transactions and protect their funds. Mixers allow cryptocurrencies to be mixed between different wallets and users, making transactions difficult to distinguish and providing an additional layer of protection.

Cryptocurrency mixers were previously introduced as services that allowed users to download their bitcoins (BTC) and receive back new, 'pure' bitcoins minus some commission, typically 10-20%. This allowed users to remain anonymous, hiding the traces and origins of their cryptocurrencies.

However, a new type of mixer has recently emerged in the cryptocurrency market that allows users to make money by mixing their cryptocurrencies. On these platforms, users can load fiat money and get back more cryptocurrency at a 7% to 14% premium per transaction and receive crypto in one network and give it away in another. In this way, users earn extra income for securing other people's transactions.

This bot allows users to exchange various fiat currencies for USDT (TRC-20) at a profit of 11% over a period of 72 hours. Users can exchange over 15 different currencies, including US dollars, euros, roubles, yuan and others.

The exchange process is quite simple: the user sends their currency to the bot's wallet and a few days later receives their USDT, with the amount already increased by 11%. In doing so, the bot uses various algorithms for mixing and mixing transactions to ensure the highest level of anonymity for its clients.

Such a bot service is a great opportunity for those who want to make money from cryptocurrency without much effort. However, it is worth noting that other such bots may not be entirely safe, and users should be careful when dealing with such services. It is important to check the reputation of the service and take measures to ensure the safety of your cryptocurrency assets.

Examples of mixers that we use ourselves.

Mixers for cleaning your Crypto are recommended:

  • TornadoCas
  • Bitcoin laundry

Mixers with which you can make money:

  • Mixer@50x350

  • Blender Mix

 

From skepticism to active investment: how attitudes towards cryptocurrencies are changing among major players in the financial industry?

Cryptocurrencies continue to attract the attention of major financial institutions and banks, which have begun to invest in this new asset form. While many financiers and economists continue to debate whether cryptocurrencies are real investment vehicles, major players in the financial industry have already recognised their potential and are actively exploring and using them.

One of the first major banks to recognise the potential of cryptocurrencies was Goldman Sachs. In 2018, the bank launched a division that trades cryptocurrency futures on the exchange. At the same time, JP Morgan, which had previously been very sceptical about cryptocurrencies, has also taken an active interest in the topic and started developing its own cryptocurrency, JPM Coin, to be used for instant money transfers between the bank's clients.
Cryptocurrencies are also attracting attention from large investment funds, such as Grayscale Investments, which manages the world's largest Bitcoin Trust fund. In 2020, the fund attracted more than $5.7 billion in investments from institutional and retail investors.

Some large companies have also started to actively use cryptocurrencies in their operations. For example, Tesla bought $1.5 billion in bitcoins in 2021 and began accepting them as payment for its cars. At the same time, PayPal began accepting cryptocurrencies on its payment platform, opening up new opportunities for millions of users around the world.

Cryptocurrencies are also attracting attention not only from large financial institutions but also from individual investors. There are now many cryptocurrency exchanges where you can buy and sell cryptocurrencies.

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  • 1 month later...

The anonymity of cryptocurrency transactions can vary depending on the specific cryptocurrency you use and the methods you use. While some cryptocurrencies provide a degree of privacy and anonymity, it is important to note that achieving complete anonymity can be difficult. Most cryptocurrencies operate on a pseudonymous basis. Transactions are recorded in a public ledger, called a blockchain, using cryptographic addresses instead of personal information. However, these addresses are usually not directly linked to a real identity, unless someone voluntarily discloses this information. Some cryptocurrencies, such as Monero (XMR) and Zcash (ZEC), are specifically designed to increase privacy and anonymity. I read on https://deeplab.com/darkweb/anonymous-sudan-launches-cyberattacks-on-middle-eastern-news-outlets-expands-target-list-with-four-additional-names that some people use this anonymity as a cyber attack.

Edited by TraceyShort
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  • 4 weeks later...

Cryptocurrency transaction is actually meant to be encrypted but a lot have changed with increasing adoption  and that's why most OGs in the industry aren't kul with the proliferation of KYC by some Centralized exchanges. I think few exchanges like Mexc, Bingx and particularly Bitget are the few that tolerate non KYC transaction. Although, the increasing call for government regulation might be linked to the call for mandatory KYC.

 

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Anonymity in cryptocurrency is a vital aspect for many users seeking privacy and security. OWNR Wallet, a multifunctional virtual wallet app, recognizes this need and provides a seamless cryptocurrency experience. With OWNR, you can store, exchange, receive, and send nine different coins while managing all ERC-20 tokens. The app also allows you to monitor Bitcoin price fluctuations and conveniently purchase cryptocurrencies and virtual currencies with a card. Complying with the highest security standards, OWNR Wallet ensures your funds and personal information are protected. Streamline your crypto journey with OWNR Wallet by visiting their website

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