Cristina Sarrosa
6 min read
29 May
29May
Incognito Bitcoin Wallet

Although there are many other Bitcoin wallets out there, this Incognito Bitcoin Wallet offers the ultimate privacy as well as anonymity. 

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Incognito is a highly confidential wallet for Bitcoin transactions that ensures the users’ anonymity as much as possible. It employs intricate encryption methods in an effort to hide the origin of the money and make it almost impossible to link a transaction back to a user. 

Some key features of the Incognito Bitcoin wallet include:  

  • Coincloset – The wallet has an integral coin mixing feature that cuts the link between addresses by exchanging with other persons. This is beneficial as it helps to reduce the possibility of observers following the coins back to your wallet.
  • Very low fees - Incognito wallet has very low fees when making transactions, and they are expected to remain low in the future. This means it can also take a few minutes to sign up and begin performing Bitcoin transactions while being anonymous.
  • It has integration to Tor – The wallet relays all connections through the Tor network to hide your IP address and location. This is the extra measure of privacy the wallet has when it is being used.
  • Privacy features – Ring signatures is employed at Incognito to sign a transaction for a group. This makes it hard to prove that it was George or any other member of the group that actually started the transaction.
  • You can generate stealth addresses - these are used only once for a particular receiving transaction to ensure that any payment cannot be traced back to the real wallet addresses.

Apart from these technical privacy features that have been discussed above, the Incognito wallet also boasts of a simple and user-friendly interface. The registration process is relatively easy and simple and does not take long before one is ready to start using the site and it only requires the user to input a username as well as a password for the account. 

In the end, the wallet offers some of the best privacy tools for the most experienced users and makes it easier for others who may not fully understand the concept of anonymous bitcoins transactions. 

Hidely Bitcoin Wallet – Completely Safe and Anonymous BTC Storage 

Another Bitcoin wallet worth mentioning is Hidely: Just like all the wallets mentioned above, Hidely allows users to control their Bitcoin transactions and personal details. It is designed to prevent any information that may lead to your identity, from being associated with your wallet or the BTC transactions that you conduct. 

Some of the key features of Hidely include: 

No identification linking - This is the good thing about using Hidely wallet, as there is no need to provide the email address or phone number to create the wallet. It cannot be traced to the owner – there is no way of associating the wallet with your identity. 

Tor integration – It is a feature that ensures all the wallet traffic is channeled through the Tor network in order to obscure the IP address of the user. This also avoids monitoring or focusing on a particular network. 

HD wallet security- Hidely uses the benefits of hierarchical deterministic (HD) wallet technology to ensure high levels of security and privacy are met when managing Bitcoins as compared to conventional wallets. 

Stealth navigation – Just like Incom, Hidely employs stealth addresses to heighten the level of anonymity through the use of one-time addresses for receiving BTC. 

Social aspects or cross-platform – To our knowledge, Hidely has a mobile application for both Apple and Android systems, so your anonymous wallet is within reach wherever you are. 

Clean design – While packed with a myriad of privacy options and settings behind the scenes, the application itself looks relatively uncomplicated and straightforward, which further enhances its usability. 

While Incognito focuses on effective privacy tools for those acquainted with Bitcoins, Hidely is designed specifically for the average holder of Bitcoins and who is interested in privacy and safety. 

However, we were not impressed with Hidely ‘s approach to user anonymity since it still has stealth addresses and full integration with Tor. That is the reason both of the wallets serve an important role in the Bitcoin environment. 

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