Unfortunately, anonymity isn’t something that you think about as being valuable. But as Edward Snowden points out in one of his interviews, “Arguing that you don’t care about the right to privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say.” https://preview.redd.it/a2t5wii1wnj41.png?width=1024&format=png&auto=webp&s=df6889e510a2a0b231614636d0b6c1ac7be7e2c4
Many people are going up against online anonymity, mainly because it has the potential to enable and encourage undesirable behavior or illegal activity. State institutions and corporations are trying to limit the ability to use networks without authorization, allegedly in an attempt to increase security.
Meanwhile, there is no doubt that private information that falls into the wrong hands can be used for mean purposes in many ways. Dozens of examples truly highlight the need for online anonymity today. Without it, people’s lives can easily be ruined forever.
Financial and personal freedom are the main reasons why people started using cryptocurrencies. But using Bitcoin itself can not guaranty anonymity. They are not linked to a person or identity, so the name, e-mail or physical address can’t be found in the transaction. But public addresses we use publically recorded on the blockchain, so a person can be tracked down using this information and ID.
Here are some methods to keep your identity safe. Use logless VPN
Virtual Private Network encrypts all of your Internet traffic and routes it through multiple servers at different locations before arriving at the final location. Using a VPN is one of the simplest ways to cover your digital tracks. Logless VPN services don’t store the history of your activities, some of them provide one IP address for several users, making it difficult to isolate one person among them.
It is highly recommended to avoid US/UK-based VPN services due to strict surveillance regimes in these countries.
Also, you should keep in mind that some exchangers’ security systems treating logging into an account with numerous different country IPs as suspicious which can lead to blocking your account. Register a separate email
Never use personal or working email for the needs of the crypto. If hackers gain access to it that can ruin your life in many aspects at once.
A significant advantage will be the use of burner emails such as Guerrilla Mail and Temp Mail, or highly protected services like ProtonMail or Tutanota.
Don’t forget about common security rules such as using a strong password that contains different case letters, numbers and symbols. Keeping passwords and keys on your devices is definitely not safe, better write it down in an old-fashioned pen-paper way. Create new blockchain address
Make new addresses for every single transaction you make. More than half of all transactions in the BTC network go through wallets that have been in use at least once. Over time this practice will build up a list of transactions associated with one wallet. Using some manipulations those transactions could be easily associated with a real-world identity as well as your wallet could be simply hacked and robbed. Avoid KYC and AML using services
Know Your Client is a policy used by many companies in which each client is required to provide credentials such as ID documents to use a company’s service. Anti-Money Laundry consists of KYC procedures and ongoing risk assessment and monitoring of transactions. Such actions are implemented in the best interest of protecting users of cryptocurrency platforms but left no chance to stay anonymous.
Nowadays most of the crypto markets and exchanges require passing identity verification due to the growing control from the state institutions. However, there are some that allow you to remain anonymous unless you are withdrawing a large amount (Binance, Bitfinex, KuCoin, etc.). In such circumstances, decentralized exchanges seem like a good option. Use Anonymity-Centric Cryptocurrencies
As mentioned earlier, blockchain analysis based on knowledge of the amount and time of the sent transaction allows hackers to attack user’s wallets and gain access to their data. As a reaction to this was developing coins with anonymity as the main priority.
At the moment, Monero is the most popular of the anonymity-centric cryptocurrencies. It has a complex of cryptographical tools for obfuscating traces of the original transaction. Its RingCT Protocol hides the sender, recipient and transfers amounts. After the transaction is completed, it is signed and receives a time-stamp using a ring signature, where collected group’s public keys, but the private key of the specific sender is not displayed.
Another private currency’s Dash work is based on the CoinJoin technology. The idea of the process is very simple: several transactions are mixed into one, so it is impossible to determine what amounts were transferred and by whom.
Zcash currency uses the Zero-Knowledge Proof commitment scheme to validate transactions without revealing information about them. Protocol, called Zk-SNARKs, comprises three algorithms that generate proof and verification keys, calculate the proof and verify the authenticity of the secret information. The obvious drawback of this mechanism is extremely massive complex calculations that require enormous capacity.
Even if complete anonymity seems not possible, following the above rules will help you avoid a lot of trouble.
You should be extra meticulous in the process of choosing currency and an exchanger, keeping in mind where and what personal information you provide.
If you need to exchange your coins private and without registration – StealthEX is here for you. Just go to http://stealthex.io
and choose the pair and the amount for your exchange. Then follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example ETH to BTC.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins. Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via
If you oper future contracts in Binance, do you think it's fair to pay $ 1 for an PNL, Target Price and Liquidation Price calculator? Or do you … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Log in sign up. User account menu. 0. Binance Futures Calculator. Close. 0. Posted by 3 months ago. Binance Futures Calculator. If you oper future ... The SMS authentication is simpler and sends you a text message every time you log into the Binance website. 2FA is critical to secure your account and is strongly recommended. 2FA ensures that even if your password is hacked, no one would still be able to enter your account without the second code that comes on the Google Authenticator or via text message. While setting up the Binance Two ... Changpeng Zhao, the CEO of crypto exchange Binance, told Decrypt today that China’s central bank digital currency (CBDC) will be, “a very good thing for the industry.” China is getting closer to releasing its own digital currency, which will be used for digital payments across the country. It has stepped up its progress towards a […] New Coinbase Coins, Microsoft + Ethereum, Bitcoin Vs Fiat, No One Uses BCASH Or SV; December 30, 2019 Should You Purchase A Bitmain Antminer S9 Bitcoin Miner In 2019 Or 2020? December 15, 2019 Bitcoin Stock Dividends, France + Bitcoin, Countries Holding Bitcoin & IMF + Stablecoins; November 18, 2019 It seems the compliance bug has finally bitten Binance. The world’s most popular cryptocurrency exchange is looking to appease government regulators worldwide with some fancy new tech built to detect suspicious trading activity. In a press release, Binance confirmed it has integrated its systems with proprietary compliance software built by blockchain tech firm Chainalysis, named Know Your ... If the VPN cuts out or you forget to turn it on just once and you do a Binance login you may find your account locked. That's not good and it's something you should seriously consider before trying to trade on Binance if you're an American. As of 2019 there is a United States subsidiary of Binance, however it lacks many of the great features that make Binance so popular. It has low trading ... 2. 3 Easy Methods to Buy Bitcoin Anonymously. Note: In June 2019, the popular website LocalBitcoins removed its option for in person cash trades. Method 1 – Paxful. If you’re looking to buy Bitcoins anonymously then the easiest way would be to buy Bitcoins in cash and in person. Use Paxful to find someone who is willing to sell Bitcoins for cash next to your physical location.
THESE ARE THE TOP BITCOIN AND CRYTPOCURRENCY AFFILIATE PROGRAMS! EARN CRYPTO WITH THESE PROGRAMS: https://affiliate.watch/category/cryptocurrency 1. Binance ... Please help me report this Scammer before people fall for this trick! No Exchange would ever do such a Giveaway, scammers on made thousands with this technique! If you know of any other active ... We utilize proprietary strategies and trading algorithms to calculate profitable trades across multiple exchanges on a variety of assets. We're a growing community resource for traders and ... ⚠️DON'T Let Your Bitcoin Be STOLEN FROM YOU 😫! Save Your Future ♕Wealth♕ From ☠️DYING!😵⚰️ Save 72.00% Discount 2 Years! Save Your Future ♕Wealth♕ From ☠️DYING ... Video Highlights: Bitcoin Profit Loss Calculator App Binance New Feature Koinex Free Trading Option #Delta #Bitcoin #cryptotamil Binance Register Here: https://goo.gl/qPURXa Binance Tutorial: How to Create and use an Account How to set up and use an account on Binance Tutorial. How to register and complete registration. The ... !!Binance not accepting new users!! Today Binance, Bittrex, and Bitfinex temporarily suspended the ability for new users to create accounts. The crypto market cap is right around $800 Billion.