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Is Bitcoin anonymous?

Published on
22 Apr, 2025 | 09:59

Not entirely. Bitcoin is pseudonymous, not anonymous. All transactions are recorded on a public blockchain that anyone can inspect. While wallet addresses don’t include names, they can often be linked to identities through exchanges, merchant services, or blockchain analysis.

If you buy or sell Bitcoin through regulated platforms, your identity is usually tied to your wallet. Advanced users sometimes use tools like coin mixers, privacy wallets (like Wasabi or Samourai), or privacy-oriented networks (e.g., the Lightning Network) to enhance anonymity – but Bitcoin itself is not private by design.

Live Bitcoin price illustration with upward chart and Bitcoin logo – bitcoin24.com
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Source: CoinGecko

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