Module 06 — Secure Transactions (Crypto Privacy)

💰 1. Crypto Reality Check

Cryptocurrency is not anonymous by default. Most major chains use public ledgers, meaning transactions are permanently recorded and can often be linked to people through exchanges, services and behaviour.

🪙 2. Privacy-Focused Coins

Privacy-oriented cryptocurrencies aim to hide sender, receiver and/or amounts on-chain. They are tools for financial privacy, not magic cloaks.

• Benefits: harder for third parties to map your financial life from the public ledger alone.
• Trade-offs: regulatory scrutiny, availability, liquidity and learning curve.

👛 3. Wallet Hygiene

• Write down and secure recovery phrases offline.
• Use separate wallets for different roles or projects.
• Avoid mixing funds that you want to keep logically separate; once mixed, they can be hard to “un-entangle”.

📈 4. Operational Considerations

• Understand that on/off-ramps (exchanges, brokers) often perform KYC.
• Document a simple, repeatable process that matches your legal obligations and risk tolerance.
• Avoid improvising under stress with large amounts or new tools.