Going anonymous on crypto means making it impossible for people to know your details on the blockchain. It includes concealing your real name or making your transactions confidential.
That said, anonymity doesn’t always equate to shadiness. In fact, it could be extremely useful! Just as how you won’t want the whole world to know about your bank details and transactions, the same goes for your crypto too. Staying hidden minimizes the chances of you getting phished or hacked, or worse….
In this video, we explore and share some tips on how to protect yourself and why it is crucial to stay anonymous in the world of crypto.
Links:
CoinGecko: www.coingecko.com/
GeckoTerminal: www.geckoterminal.com/
Timestamps:
00:00 Intro
00:42 Why is there a need to be anonymous?
01:32 Secure Private Network
02:11 Stealth Addresses
02:46 Creating New Addresses on Each Transaction
03:18 Using Tumblers
04:03 Using Privacy-Enabled Cryptocurrencies
05:05 Outro
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#blockchain #anonymous #cryptocurrency #crypto #web3 #finance
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