What steps should I take to ensure the privacy of my self-custody Bitcoin transactions?

3 answers

• Dec 16, 2021 · 3 years ago
  To ensure the privacy of your self-custody Bitcoin transactions, you can start by using a new Bitcoin address for each transaction. This helps to prevent anyone from linking your transactions together. Additionally, consider using a VPN or Tor to hide your IP address and encrypt your internet traffic. It's also important to use a secure wallet that supports features like CoinJoin or other privacy-enhancing technologies. Finally, be cautious about sharing your Bitcoin address publicly and avoid using services that require KYC (Know Your Customer) verification, as they can compromise your privacy.
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• Dec 16, 2021 · 3 years ago
  Hey there! If you want to keep your self-custody Bitcoin transactions private, here are a few steps you can take. First, make sure to use a wallet that offers strong privacy features, such as HD (Hierarchical Deterministic) wallets or wallets that support CoinJoin. Second, consider using a mixing service to obfuscate the transaction history of your Bitcoin. Lastly, be mindful of the information you share online and avoid using your real name or personal details when transacting with Bitcoin. Stay safe and keep your transactions private!
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of privacy when it comes to self-custody Bitcoin transactions. To ensure your privacy, we recommend using a hardware wallet, such as a Ledger or Trezor, to store your Bitcoin securely. Additionally, consider using a privacy-focused cryptocurrency exchange that does not require KYC verification. By following these steps, you can have peace of mind knowing that your self-custody Bitcoin transactions are private and secure.
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