Contrary to belief, Bitcoin transactions are not fully anonymous. Just simply buying Bitcoin requires you to provide personal data to adhere to strict KYC (know-your-customer) and AML (anti-money laundering) measures in place.
Some of the personal data and info you’ll be asked to provide can include but is not limited to, your personal phone number, your home address, and a copy of your passport or ID, which will have an image of your face.
Each and every transaction you make is disclosed on a public ledger and, with the data you provide, can be easily traced back to you.
As the new normal veers towards working from home, traders face one of the biggest challenges: creating a good trading desk setup and environment at home.
You can have all your tech ready to go – blazing-fast WiFi, crystal-clear webcam for those Zoom calls, and even noise-canceling headphones pumping out your favorite tunes. But all in a setup like this: