A Question About Cryptocurrency

Hello everyone this is my first post on this forum and I have a question about cryptocurrency. The question I've got is what are the most secure cryptocurrencies in sense of what are the hardest cryptocurrencies for authorities to trace.

Monero

Blockchains are OPEN ledgers

All cryptocurrency is "traced" when you cash out to your bank

If you can avoid that, you are a money laundering user and will get spanked

Sincerely

The Eye

Welcome to the forum! When it comes to privacy and security, cryptocurrencies like Monero (XMR) and Zcash (ZEC) are known for being more difficult to trace. Monero, in particular, uses advanced privacy features like ring signatures and stealth addresses to make transactions untraceable. Zcash offers optional privacy features through zk-SNARKs, which hides transaction details. Bitcoin and Ethereum are more transparent, and while they offer a degree of anonymity, transactions can be traced through blockchain analysis tools. If privacy is your top priority, Monero would probably be your best bet. Just keep in mind, though, that using privacy-focused coins may raise legal concerns in some jurisdictions, so always be cautious

There are coins like monero for this.

If you’re asking this, you probably need to look into mixers and privacy wallets too.

theeyeinside said:

Blockchains are OPEN ledgers

All cryptocurrency is "traced" when you cash out to your bank

If you can avoid that, you are a money laundering user and will get spanked

Sincerely

The Eye

Click to expand...

Monero says hi—still untraceable

think there are privacy chains also, you can also look at projects like aleo but idk v much about it

Deleted member 1980795 said:

Hello everyone this is my first post on this forum and I have a question about cryptocurrency. The question I've got is what are the most secure cryptocurrencies in sense of what are the hardest cryptocurrencies for authorities to trace.

Click to expand...

Coins like Montero are for this purpose. But do not form an opinion that they are 100% untraceable.