How To Use Bitcoin Anonymously
How To Use Bitcoin Anonymously? your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money.
What is Bitcoin?
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
Use a New Address for Every Incoming Transaction
The first and easiest step is to use a new, unused address for every incoming transaction. Simply generating a new address and using it to receive a payment helps hide the total balance of your Bitcoin wallet. If every payment you receive goes to a different address that you own, then those bitcoins are spread out amongst multiple addresses, instead of being stored in a big lump sum at a single address.
You can further enhance your privacy by using a mixing service. You can use this when you send a payment to somebody, when you are sending coins to your wallet from the site you bought them on, or you can even send money to another address you own through a mixing service in order to ‘launder’ it.
A VPN creates a secure connection over the internet between your computer, smartphone or tablet and whatever you’re browsing or the app you’re using. A VPN maintains an authenticated, encrypted tunnel for securely passing data traffic.then nobody will be able to track your location. Therefore, there are no chances for the hackers to look up for any attempts to breach your data.