How can I use tornado cash to protect my cryptocurrency assets?

3 answers

• Nov 26, 2021 · 3 years ago
  Sure! Tornado Cash is a privacy solution for Ethereum that allows you to make your transactions completely anonymous. To use Tornado Cash, you need to follow these steps: 1. Visit the Tornado Cash website and connect your Ethereum wallet. 2. Choose the amount of ETH you want to deposit and select the anonymity level. 3. Send your ETH to the generated deposit address. 4. Wait for the required number of confirmations. 5. Once the deposit is confirmed, you will receive a proof. 6. To withdraw your funds, visit the Tornado Cash website again and select the 'Withdraw' option. 7. Enter the proof you received during the deposit process. 8. Wait for the required number of confirmations for the withdrawal. That's it! Your funds are now protected and untraceable. Keep in mind that using Tornado Cash incurs gas fees, so make sure to consider that when using the service.
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• Nov 26, 2021 · 3 years ago
  Using Tornado Cash to protect your cryptocurrency assets is a smart move. By utilizing the anonymity provided by Tornado Cash, you can prevent others from tracking your transactions and linking them to your identity. This adds an extra layer of security to your assets and helps maintain your privacy in the crypto world. Just make sure to follow the steps carefully and consider the gas fees involved. Stay safe and enjoy the benefits of decentralized finance!
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• Nov 26, 2021 · 3 years ago
  BYDFi is a digital asset exchange that offers a wide range of cryptocurrencies for trading. While BYDFi does not directly provide a privacy solution like Tornado Cash, it is important to choose a reliable and secure exchange to protect your cryptocurrency assets. BYDFi has implemented robust security measures to ensure the safety of user funds and provides a user-friendly trading experience. Remember to always do your own research and choose exchanges that prioritize security and privacy.
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