The best ways to purchase Bitcoin, Ethereum and other cryptos anonymously

Don’t you know Bitcoin is not anonymous enough to buy online? Want to make anonymous Bitcoin purchases? This article is absolutely made for you.

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The Incognito Wallet is the most convenient way to send and buy crypto anonymously.

Continue reading The best ways to purchase Bitcoin, Ethereum and other cryptos anonymously

The safest bitcoin wallet: Top picks for 2020

To Bitcoin users, security is one of the top concerns when it comes to storing coins. This article will introduce to you the safest bitcoin wallet for each different use cases. 

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Let’s find out the safest bitcoin wallet to secure your asset!

Continue reading The safest bitcoin wallet: Top picks for 2020

What is a privacy coin and why we need it?

As you start considering “What a privacy coin is”, you have definitely entered the privacy-part of the crypto world. Crypto currency is public, even for Bitcoin, Ethereum or other ERC-20 tokens. Privacy to protect your data about transaction, your account balance and more become significantly important. In this situation, cryptos world rise up with 2 solution: privacy coins and privacy wallets.

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This article has the answer to ‘What is a privacy coin”.

Continue reading What is a privacy coin and why we need it?

The top 5 best hardware wallets: What’s worth buying?

A hardware wallet is the most secure way to store your crypto assets. In this article, you’ll discover the best hardware wallets on the market and how they work. 

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You can learn more about the best hardware wallets in this article

What are hardware wallets?

Hardware wallet is a physical plug-in device that can keep your digital assets completely safe in an offline environment and without the interference of the third parties. The idea behind the hardware wallet is to isolate your private keys from the Internet where contains a lot of potential risks of being hacked. The hardware wallets require a PIN code to access to your private keys. It means that this type of storage can provide you with an additional layer of security for your assets.

The biggest concern of investors is the risk of device broken and the data inside may be lost forever. However, most of the best hardware wallets nowadays use the feature of a passphrase which is 24-word seed generated at the beginning of the setting and allow users to retrieve all the data. Therefore, even in the case that the physical device is no longer usable, your fund is still safe and able to access through another wallet.

With all of those features, hardware wallet is undeniably the most secure storage method, in comparison to the other types of wallets. 

So let’s find out more about the list of best hardware wallets that can help you keep your cryptocurrency safe. 

Best hardware wallets: Top picks

#1: Ledger Nano X

One of the names that you may hear the most frequently is Ledger Nano X. This wallet supports a wide range of coins, up to over 1150 cryptocurrencies.

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Ledger Nano X is one of the best hardware wallets in the market with special features that appear for the first time

Ledger Nano X is one of the very first hardware wallets in the market uses Bluetooth Low Energy which allows users to connect with iOS and Android devices without physical cable. Besides that, the security system of Ledger Nano X is built based on Secure Elements that require your consent before transactions are made and money is sent out. This feature reduces the risk of being hacked through Bluetooth as well as guaranteeing the highest level of security for your assets, alongside other functions, such as 8-digit PIN code, multi-signature and passphrase support.

Additionally, Ledger’s products are always highly appreciated for the aesthetics, and Nano X is not an exception. This wallet is more stylish and compact with a bigger screen, metallic cover, and black case inside. Overall, Ledger Nano X is considered one of the best hardware wallets when meeting the high standards for both features and appearance.

#2: Trezor T

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Feature-rich and big touchscreen make Trezor T different in the list of best hardware wallets

One of the strongest competitors of Ledger Nano X is Trezor T. Similar to Ledger Nano X, Trezor T can support over 1000 crypto assets in total. Even though Trezor T has a big touchscreen, it is reported to be pretty small compared to users’ fingers which may cause difficulties in manipulating. The pro of the touchscreen is that users do not necessarily interact with the computer for some actions related to PIN code or recovery passphrase.

In addition, the keypad in Trezor T is mixed every time of use, therefore, it is hard for hackers in the attempt to follow and steal your password. That’s why Trezor T is a reputable name among best hardware wallets. 

One more cool feature of Trezor T is the support of the 3rd party wallet. Specifically, Exodus, one of the most popular desktop wallets, offers exclusive support for Trezor wallet. All you need to do is to connect Trezor T with Exodus, then, you can access to your wallet through the Exodus’s interface and use all of the functions that this desktop wallet provides. 

#3: Keepkey

Keepkey is another name among top 3 best hardware wallets, along with Ledger and Trezor, however, supporting only 40 different cryptocurrencies. This wallet has all basic security features, such as PIN code, 18 to 24 recovery seed, and randomized keypad. 

One of the unique things of Keepkey is the largest display screen. It creates convenience for users by allowing them to see entire addresses or even recovery phrase in one interface without scrolling back and forth. 

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ShapeShift is the unique selling point of Keepkey, making it one of the best hardware wallets

The integration of ShapeShift makes Keepkey more worthy to buy. This function allows cryptocurrency exchange to happen right inside the wallet, therefore, trading becomes easier and more convenient for users. Another Keepkey’s advantage over Ledger Nano X and Trezor T is a more affordable price when sold at only US$ 79, instead of US$ 119 and US$ 170 respectively for two above competitors

#4: CoolWallet S

The next name in the list of best hardware wallets is CoolWallet S. CoolWallet S is advertised as “the world’s first mobile hardware wallet”. It is because this wallet can be easily accessed on iOS and Android smartphones through encrypted Bluetooth connection and mobile app. Users can pair the wallet with up to three mobile devices and also easily removed unnecessary ones in the setting. Additionally, the wallet also allows users to swap cryptocurrency instantly which creates huge convenience for traders.

In terms of security, CoolWallet S offers an extra layer of protection via 2-factor authentication. Furthermore, it requires 3-step verification for every single transaction before they can go through and similar to Ledger Nano X, the Secure Elements feature is also applied in this wallet. Generally, CoolWallet S is one of the best hardware wallets to protect your digital assets.

#5: Cobo Vault

Cobo Vault is another mobile storage on the list of best hardware wallets. It is designed to interact with other devices through a mobile app and QR code, instead of any common connection methods such as USB port, Wifi, NFC or Bluetooth.

Therefore, its operation mechanism is also different from others. Users can create unsigned transactions in the mobile app which are represented under the form of QR codes. These transactions are sent to and verify in the hardware wallet by using its camera to scan the codes and touchscreen to sign. The signed transactions are transferred back to the mobile app also via QR code scanning and broadcasted in the network. This trading method may be complicated and take time but also considerably more secure.

Additionally, unlike other wallets that use a paper for users to write down recovery seed, Cobo Vault contains Cobo Tablet which is a metallic frame to store the words inside. It is a more durable way to keep them safe from external impacts such as fire or flood.

Optimize the use of best hardware wallets with Incognito

Selecting a secure storage method is essential before entering the crypto world. However, to keep your assets completely out of risk, choosing a safe method for using crypto (store, send and buy crypto anonymously) is equally important. One of the best ways that ensure the high level of safety is using cryptocurrency anonymously with Incognito Wallet. It means that you can store, send and buy crypto in total anonymity with Incognito Wallet.

Incognito Wallet is well-known in the market as a privacy wallet but can also play a role as a decentralized exchange that allows users to buy and sell supported cryptocurrencies in anonymity. By using Zero-knowledge Proof technique, Incognito Wallet can verify the transaction between two parties without revealing any personal information. Therefore, investors can execute sensitive transactions in a more private and secure way and have full control over their confidential data.

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Incognito optimizes the use of best hardware wallets, making them not only secure but also private

Specifically, after connecting a hardware wallet to a mobile device and turning on the “Incognito Mode” in the Incognito Wallet, user’s cryptocurrencies are transferred into an independent portal in order to connect with the public blockchain. The platform will then convert the virtual money to the privacy version which is ready to be traded anonymously. The privacy mode in Incognito Wallet will help to obscure your addresses, account balance, and all transactions will be untraceable.

Incognito Wallet is available on both iOS and Android. You can find many more useful functions of this wallet through the website https://incognito.org/ or contacting us directly via https://t.me/incognitochain

The top 5 best software wallets for cryptocurrency

Looking for a convenience and high-security wallet for your crypto assets? This article will introduce to you the best software wallets that are suitable for regular use.

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This article will suggest you best software wallets in the market

Continue reading The top 5 best software wallets for cryptocurrency

Simple tips on ‘How to use Bitcoin anonymously’

Privacy is becoming an ever more contentious issue in the crypto-verse, causing the community to keep seeking ‘How to use Bitcoin anonymously’.

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If you ever Google ‘How to use Bitcoin anonymously’, this article is absolutely for you.

Why you should know ‘How to use Bitcoin anonymously’

As crypto enthusiasts push to broaden the adoption of Bitcoin and other digital assets, it pushes the watchdogs to implement KYC (Know-Your-Customer) and AML (Anti-Money-Laundering) regulations even more.

Of course, KYC and AML aim to protect users and their assets, but these regulations still have the downside.

The biggest problem is that they infringe on the ability to remain anonymous when buying and using Bitcoin (and Altcoins, too).

Although many believe that cryptocurrency is anonymous and is used on the dark market for money laundering, it is in fact pseudonymous. While you don’t use your real name to transact digital assets, it’s not a hard task to trace back your real identity.

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Bitcoin is pseudonymous, not anonymous and that’s why you should look at ‘How to use Bitcoin anonymously’.

There are clues such as IP address, wallet address and the amount of Bitcoin transacted in and out of an address that can be linked to your bank account, and then your real-world life.

These are not just a few caveats. In the history of cryptocurrency existence, there are many cases where victims were attacked right at their homes as hackers figured out their real identities.

That’s why the cryptocurrency community is still looking for ways to use Bitcoin anonymously.

How to use Bitcoin anonymously #1 Tip: Buy and sell Bitcoin online with cash

While many KYC-required exchanges don’t accept fiat money, there are other Peer-to-peer (P2P) platforms that accept various payment methods. The most famous and long-live one is LocalBitcoins.com.

Advantages

Since 2012, LocalBitcoins has allowed users from over the world to buy and sell cryptocurrencies via Paypal, Visa/MasterCard or wire transfer. With this platform, you can search for partners in your area, make a deal on the price and then exchange money. This process is totally online, meaning you don’t need to meet your partner in place. 

LocalBitcoins has a secure escrow service that holds Bitcoin from the seller until the buyer makes the payment. After the money is transacted, the coin is released to the buyer. This process not only protects both parties but also shields their identities. 

Disadvantages

But the downside is that LocalBitcoins is not KYC-free anymore. You must upload and confirm your identity in order to prevent money laundering and protect your digital assets.

In this case, to remain the anonymity of Bitcoin transactions, you can use a nickname, private browsers such as Tor or Brave and a VPN when using this platform. These tools prevent prying eyes from tracking back to your real identity. 

Another disadvantage is the price. The price of your Bitcoin varies from one seller to another because they must cover the fees of the platform. Sometimes, the price is higher than many other exchanges, marking it a worth-considered matter.

Since the pros and cons of buying and selling Bitcoin online, those who want to remain privacy have learned that buying face-to-face is more practical.

How to use Bitcoin anonymously #2 Tip: Buy Bitcoin face-to-face

In fact, this is the oldest way to buy and sell Bitcoin. Old but gold. Nowadays, we go back to the old-fashion to keep anonymity for Bitcoin transactions.

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Exchanging Bitcoin face-to-pace is good but still not the best way.

Advantages

Clearly, the most benefit is that coins and cash are traded directly and privately. Only you and your partner know each other’s address and how much was paid. 

If your partner is also a privacy enhancer, he keeps your secret. As a result, no one can figure out your transaction and backtrack your identity. 

One more thing is the lower price. You both don’t need to pay fees for any third-party so that the price is more affordable.

Disadvantages

Unfortunately, this is not an optimized method. It’s really risky when you arrange a face-to-face deal with strangers. The good guys are out there but also the bad guys. There are scammers that can steal all your funds and also attack you physically.

To prevent this scenario, you should only purchase with an acquaintance. He can be your relative and neighbour who hold cryptocurrencies; or your good-relationship in the local crypto community.

Here this comes another problem. You are totally a new-coming who doesn’t know anyone but still wants to practice ‘How to use Bitcoin anonymously’? Let’s do it with a Bitcoin ATM.

How to use Bitcoin anonymously #3 Tip: Buy and sell Bitcoin through Bitcoin ATMs

Bitcoin ATMs are machines where you pay cash money in return to Bitcoin. Nowadays, these machines are located all over the world, enabling a convenient way to use Bitcoin anonymously. 

Advantages

Use online maps to locate a Bitcoin ATM near your area. Then you can buy coins directly with fiat money through some simple steps. There are also two-way Bitcoin ATMs that allow you to sell Bitcoin for cash.

With this machine, you don’t need to deal with any person, protecting your digital assets from the bad guys.

Disadvantages

However, the anonymity of Bitcoin ATMs is still in question. Even with no-KYC ATM machines, you cannot completely keep your privacy. The ATM operators know your wallet address and there’s no guarantee that they won’t track back your origin.

With this in mind, you always need to create new addresses whenever making a transaction. If indeed, use a mixing service to mix and obscure your addresses. In this way, hackers hardly trace your transactions and as a result, you can stay anonymously.

Nonetheless, those methods cost money. You must pay a high fee for Bitcoin ATM purchasing, and another fee for the mixing service. If these fees never mind you, just go ahead. 

But if you are concerned, let me introduce you to a totally free method on ‘how to use Bitcoin anonymously’.

How to use Bitcoin anonymously #4 Tip: Stay totally anonymous with Incognito Wallet

Right from its name, the Incognito Wallet provides users with an ‘Incognito Mode’ for their digital assets. 

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The Incognito Wallet is the ultimate way to remain anonymous for Bitcoin transactions.

Advantages

You can deposit Bitcoin to Incognito Wallet and turn on the Incognito Mode. In this way, your Bitcoin (BTC) is switched to privacy Bitcoin (pBTC) at the exactly 1:1 rate. 

Privacy version coins can be transferred effortlessly without anyone knowing. Hence, no one knows your transactions, the amount involved or the addresses of the two parties. 

Another thing is that the privacy version coins can be turned back to the origin whenever you want, just with one tab. And that’s all you need to do to send and buy crypto anonymously.

Sounds great, doesn’t it? Not just Bitcoin, the Incognito Wallet supports various cryptocurrencies, including but not limited: Ethereum (ETH), Binance Coin (BNB), BAND, Harmony (ONE) and Monero (XMR). 

And surprisingly, you can explore all the awesome functions of this wallet with cost-free. Download Incognito Wallet for iOS and Android to self-experience the privacy-oriented wallet. 

Disadvantages

The Incognito Wallet is not as popular as other common crypto wallets. 

It’s not easy to persuade ones to switch from their own wallet to the Incognito Wallet. But once they use this wallet, they will realize Incognito is one of the best software wallets for privacy and never want to go back to the old one.

Our final thoughts regarding how to use Bitcoin anonymously 

Clearly, using Bitcoin anonymously isn’t that simple, and it certainly doesn’t come for free. Besides the extra fees you need to pay for some services, you must also trade-off the convenience for anonymity.

Finally, learning about ‘How to use Bitcoin anonymously’ is not for bad purposes. Anonymity helps you self-protect not only your funds but also your real-world life. In the world of privacy, your information and personal data are the highest price.

How to Sell Bitcoin Anonymously: The Ultimate Guide for 2020

Worrying about privacy and traceability when you cash out Bitcoin? Read this article and you will learn how to sell Bitcoin anonymously without anyone knowing.

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Want to sell Bitcoin anonymously? Check out this article!

Why do you need to sell Bitcoin anonymously?

Although Bitcoin is more and more popular in the mainstream, there are myths about this kind of currency that are starting to broaden out; one of them is the anonymity of Bitcoin.  

Bitcoin is pseudonymous, not anonymous

Bitcoin has the reputation of being an anonymous virtual currency, but that statement is not totally accurate. In fact, Bitcoin is more pseudonymous rather than anonymous.

Anyone can create a Bitcoin address (also known as a public key) on its public blockchain, then use it to send and receive Bitcoin effortlessly. However, once you appear on the blockchain, your footprint never fades.

A Bitcoin transaction, by design, is recorded eternally on the public ledger. That means every action you take is stored permanently and transparently. Everyone can see the balance of your address, the history of your transactions and your partners’ addresses involved.

In short, the public knows all the transactions you made, even if you, the address holder, are pseudonymous. This nature of Bitcoin makes it a transparent currency, but it doesn’t benefit your privacy at all.

Parties of a Bitcoin transaction are easily identified

When making a Bitcoin transaction, neither the sender nor the receiver needs to submit identity cards or other personal info. Nonetheless, there are many tools and techniques to identify the parties involved, including the IP address of the sender or the time-stamps. Especially these days, coins are marked by many entities, meaning your coins are easily linkable and trackable.

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All Bitcoin transactions are recorded on a public ledger that everyone can access.

Normal people could not link these clues together, but the hackers and bad guys can. They may backtrace your transactions and figure out your real identity. In this case, not only your funds are at risk but also your real-world life. 

Thus, if you don’t want to take these risks (believe me, you will never like it), you should learn how to sell Bitcoin anonymously and transact coins without anyone knowing.

If you still wonder how to use bitcoin anonymously, have a look at useful methods below. 

The ultimate guide to how to sell Bitcoin anonymously

As previously explained, Bitcoin transactions are transparent, making it hard to transact coins without exposing your identity. It’s even easier to trace your transaction history when you use a KYC-exchange. 

Regulated crypto exchanges require your identity document to prevent money laundering and protect your account better. However, KYC is the policy that helps to link your real-life closer to your crypto assets. 

Hence, if you want to sell Bitcoin anonymously, the most important thing is to stay away from exchanges that require the KYC document.

There are other platforms and methods that provide anonymity for Bitcoin purchases and all listed below are the most suitable for you.

Method #1. In-person purchase to sell Bitcoin anonymously

Crypto exchanges are not the only way to buy and sell Bitcoin. In a very traditional way, you can find a buyer that lives near your area and make a deal face-to-face. 

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Face-to-face purchasing has both pros and cons.

The number of people that are willing to purchase will surprise you. Because it costs fees and time to trade on a crypto exchange or evenly they also want to protect their privacy, they turn to accept in-person purchasing.

The process is pretty easy. You can join some local community on Facebook, Telegram to seek buyers. After that, you two make an agreement on the price (which is usually lower than the exchange’s price), the place and the payment method. Then, you meet your partner person-to-person, send Bitcoin to him and take your payment. 

It’s better when you actually know your partner, or in a good relationship with him. In this way, selling Bitcoin to friends and relatives is much safer. 

Of course, the downside is that it’s a high risk when you make a deal with strangers. In this case, meeting a person without checking his credit or having some self-protection tips may be harmful. There is no guarantee that you will not be scammed by the bad guys.

In this way, a Bitcoin ATM is a more suitable method.

Method #2. Two-way Bitcoin ATM to sell Bitcoin for cash

Similar to a common ATM, Bitcoin ATMs are machines that accept cash and pay Bitcoin directly to your address. More conveniently, there are two-way Bitcoin ATMs that offer a way to sell Bitcoin for cash.

You can find a two-way Bitcoin ATM near your living area at Coin ATM Radar live map. 

And this is the user manual: 

  1. You choose the withdraw cash option
  2. You choose Bitcoin
  3. You choose the amount you wish to withdraw
  4. You send Bitcoin to the given address
  5. And finally, collect your cash.

However, one of the most disappointing things is that there are fewer and fewer Bitcoin ATM machines that require no-KYC. Due to government regulations, many Bitcoin ATM providers must require some KYC documents from users. Thus, it’s harder for you to find a totally anonymous Bitcoin ATM nowadays.

Therefore, selling Bitcoin on a peer-to-peer exchange is the more advanced method.

Method #3. Sell Bitcoin anonymously on the Peer-to-Peer Exchange 

A Peer-to-peer (P2P) exchange is the online marketplace that connects buyers and sellers all around the world. That means it plays a role as an intermediary between you and your partner.

LocalBitcoins.com, LocalCryptos.com, and Paxful are worth considering. These exchanges differ from in-person purchasing because of the credit rating. The platform opens for users to rate their partner, express their experiences, meaning the higher rating, the more trustworthy. 

Additionally, you can be able to accept various payment methods on these platforms, including cash, PayPal, other cryptocurrencies and wire transfer. It provides you more convenience than the above methods. 

Unfortunately, this convenience isn’t free. As a third-party, a P2P exchange takes fees as revenue. As a consequence, you may offer a higher price than usual. Even if you don’t mind this kind of fee, purchasing frequently may cost you a lot of money.

Of course, we must accept trade-offs in return for convenience. But there is another method which is not only free but also provides awesome features. Let me introduce you to the private crypto wallet.

Method #4. Private crypto wallet to sell Bitcoin anonymously

A private crypto wallet was born to provide anonymity and privacy for Bitcoin users. This kind of wallet helps you transact Bitcoin (and other assets) without anyone knowing.

Every private crypto wallet has its own techniques to obscure your transactions, some are advanced and others not. With no doubt, the Incognito Wallet is definitely one of the best private crypto wallet apps on the market.

The Incognito Wallet: The ultimate way to send and buy crypto anonymously

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You can buy and sell Bitcoin anonymously with the Incognito Wallet.

Based on the idea of a sidechain for all blockchains, the Incognito Wallet gives you the easiest way to buy and sell Bitcoin anonymously.

Using smart contracts and trustless custodians, the wallet turns your coins into their privacy version and vice versa. For instance, your Bitcoin (BTC) can be switched to privacy Bitcoin (pBTC) at the rate of 1:1. Then you can easily receive and send Bitcoin anonymously, without anyone knowing your balance or your real identity.

Want to turn your coins back? Just one tap. And pBTC will be returned back to its origin effortlessly. 

To sell Bitcoin anonymously, you can send pBTC to the buyer’s Incognito Wallet address and take your payment. In this way, no one will be able to trace back your transaction and find out who actually you are. As a result, your privacy is totally protected.

One more advantage is that the wallet is completely free. You don’t need to pay for any of its awesome features. 

Download Incognito Wallet for iOS and Android to explore more!

Conclusion on “How to sell Bitcoin anonymously”

The transparency and traceability of Bitcoin transactions are the motivations for the crypto community to seek ways to sell Bitcoin anonymously.

Once you find the most suitable method yourself, you will never want to sell Bitcoin in the traditional ways anymore. Some methods cost a fee, others do not. But your privacy is absolutely protected, and that’s the price to pay.

 

The best ways to send Bitcoin anonymously

Privacy is one thing that all Bitcoin users are concerned about nowadays. If you’ve ever wondered how to send Bitcoin anonymously, this article is here to answer your question.

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This article will guide to send bitcoin anonymously

Is Bitcoin private? 

The answer is “No”. As an application of Blockchain, a technology that enhances transparency, Bitcoin doesn’t come with privacy or anonymity. Instead, all Bitcoin transactions are recorded on a public ledger and viewable to the whole network. Therefore, anyone can see the transacted amount and wallet addresses of the sender and recipient. 

However, these transaction details don’t link to any real identity so they couldn’t reveal who the users are. That’s why Bitcoin is considered as pseudo-anonymity or pseudonymous. 

Although personal information can’t be exposed through Bitcoin transactions, it is possible to track down the origin of these activities. When trading on licensed exchanges, users often have to provide information for KYC authentication, which will link their identity to Bitcoin addresses. If hackers attack these sites, they can also access the data stored. 

For the above reasons, it is highly recommended that Bitcoin users seek ways to send Bitcoin anonymously. 

Reasons to send bitcoin anonymously 

Even though “anonymous crypto” is often associated with criminal activities, there are a number of legitimate reasons to keep your crypto transactions untraceable. Whether you’re an individual or an organization, it is beneficial to spend your assets without anyone knowing. Here are some advantages of anonymous Bitcoin transactions:

1. Security 

As explained earlier, by design, all Bitcoin transactions are stored on a public ledger, which means anyone can see where your transactions go to and how much you hold in the account balance. If you don’t take any step to improve privacy, hackers can track the spending habits to get access to your funds. From there, they can even figure out who you are and steal your personal data. Therefore, to prevent your identity from being exploited, you need to know how to send bitcoin anonymously. 

2. Business confidentiality 

If you’re an employer, you may consider keeping your payment to employees private. By sending Bitcoin with anonymity, you can keep your company’s budgets and expenses details from disclosure. Also, when doing business, you might have a list of private partners and investors who don’t want their identity to be revealed. That’s when you have to seek privacy solutions like untraceable Bitcoin transactions. 

3. Peace of mind 

When you have the full control and ownership of your crypto asset, you don’t have to worry about your financial status being revealed. Another perk of sending bitcoin anonymously is that you can keep your transaction history totally private as there are many kinds of purchases you just want to keep for yourself, for example, a surprise gift for your loved one or special medical treatment. 

So how can you make untraceable bitcoin transactions? Take a look at below methods! 

Ultimate ways to send bitcoin anonymously 

As privacy becomes more and more crucial to individuals and organizations, private transaction methods also emerge. For cryptocurrency and especially Bitcoin, it’s not difficult to look up the term “send bitcoin anonymously” on Google and find out numerous ways to transact with anonymity. However, each method has its own pros and cons so you’d better research carefully before giving it a try. 

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There are various ways to stay anonymous when sending bitcoin

1. Bitcoin Mixing 

Bitcoin mixing, known as coin tumbling or laundering, is a process that tries to break the connection between sender and recipient’s addresses. The process goes through a couple of steps: 

Step 1: You submit the amount of coin you want to be tumbled.

Step 2: The laundering service will mix it up with someone else’s cryptocurrency to release a fresh batch of coins under a new address. 

If done properly, this method can make your transaction almost impossible to trace and you don’t have to leave any personal information at all. There are solid options for Bitcoin mixing on the market such as Smart Mixer, Wasabi Wallet and Samourai Whirlpool. To ensure you’re completely anonymous, remember to access these services with an encrypted VPN and private browsers like Tor or Brave. 

If you’re an experienced crypto user, you can try coin tumbling to send bitcoin anonymously!

2. Using a new Bitcoin address every single time 

You can break the link between the sender and recipient’s addresses by using a new address whenever making a Bitcoin transaction. With this method, hackers cannot trace your spending pattern and find out your original address. Therefore, your identity will be masked. Moreover, as your fund is divided into small portions and stored in different places, no one can calculate how much you actually have in your account. 

Some digital wallets such as Trust Wallet, Cobo Wallet and Blockchain Wallet allow you to generate as many addresses as you want. However, this method is not easy for beginners because you have to manage all the addresses and their private keys. 

3. Privacy wallets 

This term has yet to become familiar with mainstream users, however, private crypto wallets appear to be a superior solution to untraceable Bitcoin transactions. Similar to normal Bitcoin storages, these wallets allow users to send, receive and store crypto assets. Moreover, they integrate privacy features to keep transactions from being tracked. 

If you need to send bitcoin anonymously and effortlessly on a daily basis, the options below are what you’re looking for.  

Incognito Wallet

Despite being a new name in the crypto sphere, Incognito Wallet is up on the list of best privacy wallets. If you’re looking to send and buy crypto anonymously, this app is highly recommended for you.

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Incognito allows you to store, receive and send bitcoin anonymously

With a built-in “incognito” mode, you can turn any cryptocurrency of your choice, including Bitcoin, into its privacy version and shield your funds from public exposure. Then, you can spend or sell bitcoin anonymously.

As a sidechain for privacy coins, Incognito connects with Bitcoin blockchain via a trustless portal. Using smart contracts and trustless custodians, Incognito allow users to obtain privacy bitcoins (and other cryptocurrencies) issued at a rate of 1:1. When you need to switch these privacy coins to normal, you can do it easily without involving any third party. 

Paper wallet 

A paper wallet is a perfect option for gifting. It is basically a piece of paper that has your Bitcoin address and private key printed out. Whenever making a transaction, you will need to scan the QR-codes and add the keys to a software wallet. Paper wallets can be generated for free using an online service like Bitcoinpaperwallet.com.

So how paper wallet helps you send bitcoin anonymously? The main purpose of paper wallet is to keep your assets offline and away from the chaotic Internet as it is created uniquely and doesn’t contain your identity. Therefore, if you insert the private key to a digital wallet and make a transaction, it’s almost impossible to track down the origin. Furthermore, if you give this document in-person to someone, no one except you and the recipient could know about the fund.  

Electrum 

Electrum is known as the oldest and most established bitcoin wallet on the market. It is a software wallet that is available for Windows, iOS and Linux.

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Use Electrum with Tails system to keep your transactions untraceable

Electrum is well-recognised by its high-security feature. The wallet gives you a password seed which helps recover your assets once the private key is lost. You also have full ownership of your funds and keys since Electrum is a self-hosted wallet. 

When operating on Tails system, Electrum allows users to keep their transactions anonymous. According to the development team, Tails works as a live system to preserve users’ privacy and anonymity. It helps you to censor personal data whenever using the Internet unless you turn it off.

If you prefer an option to send bitcoin anonymously for desktops, Electrum might be a solid choice. 

Final thoughts 

As you’ve learnt various ways to send bitcoin anonymously, try to take advantage of them and you’ll see how Bitcoin lives up to its potential. You may have different purposes when seeking a solution to untraceable bitcoin transfer but high privacy and convenience should be the top priorities. Whether you want to keep all your transactions private or not, Incognito Wallet is a useful app for your everyday use. 

The ultimate guide to how to buy Bitcoin anonymously

If you are concerned about privacy when trading Bitcoin and look for a way to protect your identity, this article is a must-read as it’ll show you how to buy Bitcoin anonymously.

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This article is here to answer the question: “How to buy Bitcoin anonymously?”

Continue reading The ultimate guide to how to buy Bitcoin anonymously

The Top 5 Best Cryptocurrency Wallets in 2020

Choosing a good crypto wallet to store digital assets in is never an easy task. This article will help you figure out the best cryptocurrency wallet for you.

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You can find the best cryptocurrency wallet for you in this article.

How does a cryptocurrency wallet work?

Like all the currencies in the world, cryptocurrencies need a reliable vault to be stored in. While we use a wallet to store paper money, a cryptocurrency wallet is needed in the case of digital assets.

In short, a cryptocurrency wallet works as an online portal between you and your coins and has two elements: a public key and a private key. If you think of your cryptocurrency wallet as being similar to your bank account, then your public key is the account number, while the private key would be your PIN.

Every public key requires a private key for access and must be entered when the key owner wants to manage, send and receive their digital assets. For this reason, you must keep your private key confidential and if anyone else knows what it is, your assets are at risk.

Types of cryptocurrency wallets

You cannot choose the best cryptocurrency wallet for you until you know the different types of wallets. Basically, there are many different classifications of wallet and this list covers the main ones.

Cold Wallets (Offline Wallets)

Cold wallets are a means of storing your private key completely offline. These are paper or hardware devices like password-protected USB or encrypted cold storage devices.

Basically, your private key is kept far away from the internet, so it’s hard for hackers to attack your funds. However, cold wallets are not as convenient as the other kinds of cryptocurrency wallet mentioned below.

Hot wallets (Online Wallets)

Contrary to cold wallets, hot wallets are software applications installed on devices such as desktops, mobile phones, or tablets. 

Hot wallets require an Internet connection to access your funds, which is why they’re also known as online wallets. 

This type of cryptocurrency wallet has various sub-categories, including desktop wallets, web wallets, and mobile wallets. 

Exchange-based wallets

Exchange wallets are preferred by those who want to trade coins frequently, as storing coins directly on the trading platform helps to shorten your trading time. This is because with an exchange wallet, you don’t need to wait for confirmation when sending crypto assets from another wallet to the exchange. 

One downside, however, is that you cannot keep your private key – it’s stored by the exchange – meaning that it’s not a fully-protected wallet. 

Every type of crypto wallet has pros and cons, so generally speaking, you might say that there is no ‘best’ cryptocurrency wallet. However, you can choose the best fit for you based on your evaluation criteria.

How to choose the best cryptocurrency wallet

Some crypto wallets were created for convenient daily use, including the ability to pay for goods and services. Others are optimized to provide secure protection for digital assets.

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Everyone has their own evaluation criteria for choosing the best cryptocurrency wallet.

Before choosing the best cryptocurrency wallet for you, you should consider how you intend to use it. Let’s figure that out by answering these questions:

Holding or trading?

If you just want to ‘hold to die’ or make some long-term investments, an Offline Wallet is the best choice. 

On the other hand, if you need a wallet for frequent trading, you should consider an exchange-based wallet or an in-app trading crypto wallet app.

Security or convenience?

An exchange-based wallet is good for trading, but not suitable for privacy preservation. If you want to completely control your funds, an Offline Wallet such as a hardware device or paper wallet is worth considering.

The top 5 best cryptocurrency wallets in 2020

After considering the variations of digital wallets carefully and making your choice, it’s time to move on to the top 5 best cryptocurrency wallets in 2020 and beyond.

Best cryptocurrency wallet #1: Incognito Wallet – The best anonymous crypto wallet

If privacy is your top concern and you cannot stop wondering ‘how to buy Bitcoin anonymously’, The Incognito Wallet is definitely the answer.

Functioning as a sidechain for all the blockchains, The Incognito Wallet connects to public blockchains via a trustless portal. Then, users can issue a privacy version of their favourite cryptocurrencies at the rate of 1:1 on the Incognito Blockchain. As a result, you can send and buy crypto anonymously without any third party involved. 

After using it for private transactions, you can switch it back to the original version just with a single tap. And that’s all the steps you need to do to send Bitcoin anonymously.

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The Incognito Wallet is the best one to send Bitcoin anonymously.

When you turn the “Incognito mode” on, no one can see your balance or the details involved in a single transaction. With all its awesome features, The Incognito Wallet is one of the best cryptocurrency wallets in 2020 and beyond.  

Best cryptocurrency wallet #2: Ledger Nano X – The best coin wallet for offline storing

Ledger Nano X is one of the best cryptocurrency wallets in the form of cold wallets. The wallet can store up to 100 types of coins at the same time, including Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Stellar and many more. 

This device combines ease-of-use and flexibility while ensuring the highest standard of crypto security. Moreover, you can connect Ledger Nano X to any iOS or Android device via Bluetooth connectivity. 

Best cryptocurrency wallet #3: Trust Wallet – The best crypto wallet app for multi-function

Trust Wallet is one of the best cryptocurrency wallets that enable you to explore the colourful variety of the crypto-verse.

This is a hot wallet app installed on your mobile phone, giving you access to your funds at any time with an Internet connection. 

This multi-functional wallet provides you with staking coins, instant trading and dApp browser. One more benefit is that the wallet provider is Binance, which is considered as one of the most popular exchanges in the world.

Best cryptocurrency wallet #4: Coinbase Wallet for US citizens

Coinbase is not only one of the top-ranked crypto exchanges, but also a trustful online wallet.

You can access this wallet via your smartphone or web browser. It is highly secure and easy to use. Moreover, if you’re a US citizen, you can connect the wallet to your bank account to buy and sell coins directly. This is one of the rarest features of a cryptocurrency wallet.

However, users need to pass identity verification as well as verify bank account information. This means you must trade-off your privacy and the US government may know your identity.

It’s not really harmful at all. But if you ever try the anonymous crypto wallet like The Incognito Wallet, it’s not ideal to risk your privacy. 

Best cryptocurrency wallet #5: Jaxx Wallet for desktops

Jaxx Wallet can be accessed via desktops, mobiles, and web browsers. The installation process for the PC is the most convenient one, making it the best cryptocurrency wallet for the desktop version. 

With this wallet, the ownership of the private key is yours, meaning you can totally control your funds. Moreover, as other hot wallets, Jaxx supports a fairly large number of cryptocurrencies.

Another fantastic advantage of the Jaxx Wallet is that it has an internal exchange. Thus, you can trade your coins instantly and directly in the wallet without an exchange account. 

Best cryptocurrency wallets: Other top picks

Trezor Wallet

The Trezor wallet is the most worth considering hardware wallet nowadays. Being the closest competitor of Ledger in many years, Trezor has its own reputation and fans.

Kindly similar to a Ledger Wallet, Trezor is easy to use and multi-coins supported. One downside is that it’s more expensive than other types of crypto wallets.

Bitcoinpaperwallet.com Paper Wallet

A paper wallet is basically a paper that contains your public and private key printed out in the form of a QR code. 

There are many paper wallet generators but Bitcoinpaperwallet.com is the most worth considering. On this site, you can use a tamper-proof design or holographic labels to add an extra layer to secure your wallet. 

However, you must keep your paper wallet in a safe place. If it’s lost or stolen, your funds are hardly recovered.

Conclusion on “Top 5 best cryptocurrency wallets in 2020”

The list of best cryptocurrency wallets is not permanent forever. There are the rising ones and others may go away. Therefore, you should keep looking for the best cryptocurrency wallet on your own evaluation criteria, and you will find the best fit. 

One more thing is that self-protection is never outdated in the world of privacy-preservation these days.

Best privacy wallets to secure crypto assets

Here you will learn about the best privacy wallets to secure your crypto assets and personal data.  A privacy-preserving wallet is key to crypto protection.

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You should use a privacy wallet to protect your crypto funds.

Why do you need a privacy wallet?

These days, outsiders and mainstream media still believe that Bitcoin is the currency for illegal activities such as trading prohibited goods or money laundering. However, it’s far from the truth. 

Bitcoin, by design, is totally publicized, meaning that all the transactions are recorded on a public ledger. Everyone can access the Bitcoin blockchain, check a single address and acknowledge the details involved such as how much Bitcoin is holding, or its related addresses.

In fact, Bitcoin transparency isn’t so bad at all. However, due to this nature, there is no surefire way to remain 100% privacy for your crypto assets.

Meanwhile, privacy is the most worth-concerned issue in crypto-verse. We shouldn’t risk our information on the chaotic Internet, whereas hackers and the bad guys are too rife. That’s the reason why you need to optimize privacy protection for your Bitcoin and other crypto-assets.

A good approach is by picking a good and suitable privacy wallet to store your digital coins. 

So let’s start the list of 5 best privacy wallets on the market recently.

Best privacy wallets to protect your crypto-assets

1. Incognito Wallet – The optimal privacy wallet app to send and receive Bitcoin confidentially

The Incognito Wallet is based exactly on the idea of a privacy-oriented crypto wallet. This wallet provides you the simplest way to send and buy crypto anonymously.

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Incognito Wallet is definitely the best privacy wallet that you are looking for.Here you will learn about the best privacy wallets to secure your crypto assets and personal data.  A privacy-preserving wallet is the key for crypto protection.

All you need to do is a tab to switch your coins into their privacy version with the conversion rate exactly at 1:1. After that, you can freely send it to other addresses without anyone knowing. And finally, just another tab to turn it back to the original one. 

In short, when you turn on “Incognito mode” for your digital assets, no one can figure out your balance or the details involved in your transactions. It marks Incognito Wallet the best privacy wallet existing on the market.

Besides, this wallet has all the favorite functions of a common cryptocurrency wallet. You can stake your coins, trade on a totally decentralized exchange and explore interesting privacy-oriented DApps (decentralized applications).

You can find other awesome features yourself by downloading The Incognito Wallet for Android or iOS. It’s totally free, meaning there’s no cost involved in-app.

2. Samourai Wallet – A good privacy wallet for Android users

The Samourai Wallet aims to offer better privacy and anonymity for Bitcoin transactions. This wallet helps you to protect crypto funds via an application installed in Android mobile phones. 

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Samourai Wallet is one of the best privacy wallets that you should try.

Started the project from 2015, The Samourai Wallet team introduces itself as: 

“We are privacy activists who have dedicated our lives to creating the software that Silicon Valley will never build, the regulators will never allow, and the VC’s will never invest in. We build the software that Bitcoin deserves.”

This wallet has some surprising features, including:

  • New addresses whenever you make a Bitcoin transaction
  • Run your own full-node Bitcoin wallet
  • High-security methods to protect your funds such as cold storage

However, one of its cons is that Samourai Wallet is just available for Android users. There’s no version for iOS or other Internet-connection devices.

3. Electrum Wallet – A desktop privacy wallet to protect crypto funds

Although there are mobile versions, Electrum Wallet is the most popular for its desktop software. It’s one of the oldest Bitcoin wallets on the market and has soon become a privacy-oriented crypto wallet. 

To enable “privacy mode”, you must use the Electrum Wallet on the Tails Operating System (OS). What is Tails? Let’s figure out through their own words:

“Tails is a live system that aims to preserve your privacy and anonymity. It helps you to use the Internet anonymously and circumvent censorship almost anywhere you go and on any computer but leaving no trace unless you ask it to explicitly.”

With all of this in mind, Electrum Wallet is worth trying if you want a privacy wallet for your laptop or PC. However, it’s more suitable for tech-savvy rather than beginners.

4. Rahakott Wallet – A must-try privacy wallet for web and online users

Rahakott Wallet is a web-based multi-currency wallet that helps you to remain private while transacting your coins. 

The wallet makes it almost impossible to track your transactions thanks to a built-in mixer tool. In addition, Rahakott Wallet generates a new address for each transaction, which significantly increases the privacy and anonymity of users.

Besides, you don’t need an email, password and phone number to sign up. Only a mnemonic phrase and 2FA are used, meaning it pointless for hackers to steal users’ info.

Currently, the wallet supports BTC, BCH, LTC, XMR, ZEC, DASH, and other popular cryptocurrencies. You can find more functions by creating your own wallet, which takes just 20 seconds.

5. Bitcoinpaperwallet.com – Paper wallet to keep privacy for your Bitcoin

“Your key, your Bitcoin” is never an old-time statement. Instead of using a third-party provider to store Bitcoin, you can keep it for yourself with a paper wallet.

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Just print your wallet address on the paper and you’ll have a paper wallet.

Bitcoinpaperwallet.com helps you to generate key and print paper wallets. You have some options to use hologram stickers or techniques that prevent fading or replaced. You need to pay for these advances, but it’s worth considering, isn’t it?

After having a paper wallet, all you need to do is keep it in a safe place that no one can access. As a result, your Bitcoin assets are totally privacy-protected and you never mind forgetting your private key.

Although Bitcoinpaperwallet.com is popular, there are other paper wallet generators that you should take a look at, including Paperwallet.com and Walletgenerator.net.

6. Other top-pick privacy wallets to secure your finance

To meet the need of privacy-preserving of the crypto community, many projects have surfaced over the years. Thus, clearly that the market has not only 5 best privacy crypto wallets. In fact, there’re many options to choose from, depending on your criteria.

Ledger Nano S is the best cryptocurrency wallet in the form of a hardware device. This wallet keeps digital assets far away from the Internet, enabling total privacy for your crypto funds. 

Guarda Wallet is a cross-platform crypto wallet that supports over 45 cryptocurrencies and thousands of tokens. It’s a non-custodial wallet known for a user-friendly and clean interface. In short, Guarda is suitable for beginners who are looking for ways to increase privacy for crypto transactions.

After choosing your own privacy wallet, you should take a look at some privacy precautions.

Privacy precautions to better protect your crypto funds

  • Do not store your coins on exchanges. Because you can’t own your private key along with the exchange-based wallets.
  • Do not publicize your wallet addresses on social media without a very good reason. 
  • Always use a new address when making a transaction. For this reason, many wallets listed above provide this function.
  • Understanding why you need a privacy wallet and always use it to store your coins.
  • Use a privacy web browser such as Tor, DuckDuckGo or Brave Blockchain to hide your browsing history. It’s also a good way to obscure all your sensitive information like passwords, private keys, credit card details.
  • You should always buy and sell cryptocurrencies with cash payments. Cash is one of the most hard-tracking assets in the world, meaning that it will help to protect your transaction details.

Closing thoughts on “Privacy wallet”

Privacy is never an outdated issue. Whoever you are, a beginner has just entered the crypto-sphere or an experienced user, you should learn about privacy wallets and ways to provide anonymity for your assets.

Finally, choosing the best privacy wallet is the fastest way that brings you to the crypto-verse with high-level privacy.

Best Privacy Coins and best way to send crypto anonymously

Privacy Coins have surfaced since the crypto community looked for ways to send coins privately. This article will show you the list of best Privacy Coins.

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This article shows you the list of the best privacy coins.

Why do you need a Privacy Coin?

The public blockchain, with Bitcoin as an example, has a public ledger that records all the transactions made on its network. That means everyone can access the blockchain, track any transaction and details involved.

Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts. That technique makes XMR transactions confidential and untraceable. 

Besides, Monero has a strong brand-name and good marketing team to make it more and more popular. The community of this project is very strong, spreading all over the world. You can easily find an XMR holder in your living area and make a transaction with him.

However, because of its anonymity, Monero is frequently used on the dark market for dark purposes. This harms the project’s reputation and as a result, XMR is a target of the authorities all over the world.

Who should use Privacy Coins?

If you are concerned about your privacy, crypto assets and further, your real-life safety, you should learn about ways to protect your transactions.

As previously mentioned, it’s a super high risk when you just transact digital coins without wondering about its anonymity. Your funds are targeted by prying eyes, your financial status is revealed as well. 

Privacy coins delete all these risks. This kind of cryptocurrency turns on a ‘protection mode’ for your assets so that you no longer need to worry about any security threats. 

After understanding why you should use privacy coins, let’s move the list of the best privacy coins nowadays.

Top 5 Best Privacy Coins in 2020 and beyond

The cryptocurrency community has never been as concerned about the privacy issue as it is now. Thus, a number of privacy-oriented projects are in great demand. Come with both pros and cons, these are the best privacy coins in 2020 and beyond.

Best Privacy Coins #1: Monero (XMR)

Old but gold. Monero (XMR) is considered one of the best privacy coins on the market currently. 

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Monero (XMR) has long been the best privacy coin on the market.

Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts. That technique makes XMR transactions confidential and untraceable. 

Besides, Monero has a strong brand-name and good marketing team to make it more and more popular. The community of this project is very strong, spreading all over the world. You can easily find an XMR holder in your living area and make a transaction with him.

However, because of its anonymity, Monero is frequently used on the dark market for dark purposes. This harms the project’s reputation and as a result, XMR is a target of the authorities all over the world.

Best Privacy Coins #2: Dash (DASH)

Being a fork of Bitcoin, which has a transparent blockchain, Dash isn’t a fully privacy coin. Instead, it offers privacy protection for transactions as an option for users. 

As usual, you can check addresses and transactions on Dash blockchain. But you have an option to use the PrivateSend feature to obscure transaction details. This interesting feature marks Dash on the list of the best privacy coins.

Moreover, when you send a coin, your coin is mixed with other coins that are sent on the network. Hence, no one can trace your Dash payment or figure out how much was sent. Resultantly, your financial status is fully preserved.

Unfortunately, one of its cons is that Dash is used as a payment method on the dark market. Thus, similar to Monero, this project isn’t favored by many governments.

Best Privacy Coins #3: Zcash (ZEC)

As Bitcoin transparency challenges modern notions of privacy, many projects aim to be an alternative to Bitcoin in the privacy version.

And that’s exactly what Zcash is. This project describes itself as:

“Like Bitcoin, Zcash transaction data is posted to a public blockchain; but unlike Bitcoin, Zcash ensures your personal and transaction data remain completely confidential. Zero-knowledge proofs allow transactions to be verified without revealing the sender, receiver or transaction amount. Selective disclosure features within Zcash allow a user to share some transaction details, for purposes of compliance or audit.”

This semi-transparency mechanism makes Zcash one of the best privacy coins exiting on the market. However, users can not have full-control privacy when they transact ZEC on KYC exchanges. Because exchanges that require KYC evidence don’t support private transactions. Like it or not, you have to use Zcash transparently.

Best Privacy Coins #4: Verge (XVG)

Verge uses the Tor IP Anonymizer to make transactions while still maintaining the anonymity. The underlying technique of Verge provides users to transact digital coins both through public and private blockchains. This is why Verge is usually placed in the list of best privacy coins. 

Being a ‘well-recognized’ project, Verge aims to be s digital currency designed for everyday use. Verge makes it possible to engage in direct transactions quickly, efficiently and securely. 

Best Privacy Coins #5: Grin (GIN)

Launched in January 2019, the Grin project is built on the Mimblewimble protocol, one of the most innovative technologies in the privacy-verse. This brings Grin to stand in the ranks of the best privacy coins.

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Grin is an interesting privacy coin implemented on Mimblewimble protocol.

Grin describes itself as below:

“Grin has no amounts and no addresses. Transactions can be trivially aggregated. To hide the origin of a newly created transaction, it gets relayed among a subset of peers before it is widely broadcasted.”

Along with Beam (BEAM), which is also built on Mimblewimble protocol, Grin has become an emerging and potential project that helps to obscure the sender’s transactions. 

Is the Privacy Coin the best way to send crypto confidentially?

Despite all of the advantages, privacy coins are not the best way to send crypto confidentially. Let’s take a look at an example below.

Saying you have 1 BTC and want to send it to Mike without anyone knowing. Then you have to use BTC to buy XMR (or DASH, XVG or other privacy coins) at the current market price, which is volatile every single minute. After that, you send XMR to Mike confidentially. Finally, Mike has to trade XMR to BTC at a different market price, meaning that Mike can’t own the exact 1 BTC.

This process also takes a lot of time and procedure for both you and Mike. Moreover, sometimes no one is willing to trade BTC/XMR with you and you have no way except trade it on a crypto exchange. 

With all this in mind, you should better be looking for other ways to send and receive coins privately.

Incognito Wallet – The ultimate way to send and buy crypto anonymously

Instead of using Bitcoin (or other crypto assets) to buy privacy coins, there is a method that turns your favorite coins into the privacy version.

The method here is Incognito Wallet, a privacy wallet that keeps your transactions untraceable.

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The Incognito Wallet is the perfect way to send crypto confidentially.

Incognito is designed as a sidechain for all the blockchains, which connects to Bitcoin, Ethereum or Binance Chain via a trustless portal. Thanks to this technique, you can turn any cryptocurrency of your choice into its privacy version. Let’s continue the aforementioned example:

Saying you have 1 BTC and want to send it to Mike without anyone knowing. You can use the Incognito Wallet to switch Bitcoin into private Bitcoin (pBTC) at the rate of 1:1. After that, all you need to do is to send pBTC to Mike’s wallet address. Finally, Mike receives 1 pBTC and turns it back to 1 BTC originally.

Especially, you can process all of those actions without any cost. The Incognito Wallet is totally free and available on both Android and iOS.

Closing thought on “Best privacy coins”

Privacy coins are one of the most controversial topics in the crypto-sphere. Many argue best privacy coins are the most useful tool for money laundering, others praise its role for privacy rights.

But one thing we can agree is that privacy coins need to improve constantly, as there are many potential competitors such as The Incognito Wallet. The more it keeps developing, the more market share it gains.