I purchased some Satoshis three years ago on a KYC exchange. I’m now looking to transfer my holdings to a new hardware wallet, and I wanted to ask if anyone has experience with the best way to anonymize the Satoshis before the transfer. Is there any way to do this?
Thanks in advance for your help. Much love! 💕💕
DO NOT ANSWER/INITIATE PRIVATE CHATS, THEY ARE ALL SCAMMERS.
u/Plug-22’s History is scammy af. Don’t PM
The exchange will report the transaction to your government, regardless of any anonymizing steps you take afterward.
Bitcoin is not a terribly anonymous crypto, especially when trading around KYC exchanges. Regardless of anonymization, you should take the crypto off the exchange ASAP and you can figure out anonymization later.
Don’t keep crypto on exchanges. Don’t accept PMs on here they are 100% scammers.
Lightning Network is good for that. 1st Lightning wallet sends your current BTC to a 2nd Lightning wallet. You should use a VPN to hide your real IP from your channel partners just to be sure.