CEX Bitkit.Money — Fast and Secure Crypto Exchange

[Bitkit.Money]

Is Cryptocurrency Really Anonymous?

Many people believe that cryptocurrencies are completely anonymous. In reality, that's a common misconception.

Most popular cryptocurrencies — Bitcoin, Ethereum, USDT, BNB, and Solana — are pseudonymous, not anonymous.

What does that mean?​

Every transaction is permanently recorded on the blockchain, a public ledger that anyone can inspect. Each transaction reveals:

• Sender's wallet address
• Recipient's wallet address
• Transaction amount
• Date and time

At first glance, wallet addresses appear to be anonymous. However, if a wallet has ever been linked to a KYC exchange or another service where the owner verified their identity, connecting that address to a real person becomes much easier.

This is why blockchain analytics companies exist. They analyze transaction flows, detect suspicious activity, identify fraudulent schemes, and trace the movement of funds across different wallets and services.

Are there any exceptions?​

Yes. Some cryptocurrencies were specifically designed with privacy in mind.

For example:

• Monero (XMR) uses technologies such as Ring Signatures, Stealth Addresses, and RingCT to conceal the sender, recipient, and transaction amount.
• Zcash (ZEC) uses zero-knowledge proofs (zk-SNARKs), allowing shielded transactions where sensitive information remains private.

---

Looking to exchange cryptocurrency safely? You can swap Bitcoin, Ethereum, USDT, and many other digital assets on Bitkit.money

 

[Bitkit.Money]

Storing Crypto After an Exchange: Basic Security Rules

Experience shows: users typically lose funds not during the exchange itself, but afterward — when assets end up in the wrong type of storage.

Three main options:

Hot wallet (Trust Wallet, MetaMask) — convenient for regular transactions, but connected to the network, which creates additional risks.
Cold wallet (Ledger, Trezor) — private keys are stored offline, providing the highest level of security.
Exchange wallet — doesn't require managing keys yourself, but in this case control over the assets effectively remains with the exchange ("not your keys — not your crypto").

Recommendations:

• Small amounts for everyday use — hot wallet
• Large amounts and long-term storage — cold wallet
• Keeping funds on an exchange only makes sense if you plan to sell or spend them soon

The 80/20 rule: it's recommended to keep the majority of your funds (around 80%) in cold storage, leaving only the amount you use regularly in a hot wallet.

Special attention should be paid to the seed phrase. It should not be stored in notes or screenshots, entered on third-party websites, or shared with anyone — including so-called "support" representatives. Knowing the seed phrase is equivalent to having full access to the funds.

You can exchange cryptocurrency at Bitkit.money.

 

[Bitkit.Money]

BIP-110: The Bitcoin Fork That Lived for 2 Blocks

While everyone was arguing about fees and hashrate, Bitcoin was rocked for a week by the sharpest dispute since 2017 — and it just ended in a network split.

What it's about
Besides money transfers, Bitcoin started being used to "hide" images and tokens (Ordinals, BRC-20, Runes) — right inside regular transactions. Block space is limited, so the more of this "junk" there is, the more expensive and slower ordinary transfers become for everyone.

What was proposed
BIP-110 — a 1-year rule: make stuffing in images and tokens unprofitable, while keeping regular BTC transfers fast and cheap.

What happened
A small group of miners still tried to operate under the new rules — so for a moment an "alternative" version of Bitcoin appeared. It managed to mine only 2 blocks (about 20 minutes) and then stopped: without majority support, the network simply can't survive.

Bottom line
This is how decentralization works: Bitcoin's rules aren't changed by decree or by a Twitter vote — only by real support from the majority of miners. This time there wasn't enough of it, and the market sorted everything out on its own. Your funds were safe the whole time.

🛡 You can exchange any cryptocurrency at Bitkit.money.

 

[Bitkit.Money]

Bitcoin in 24 hours: +19% and new 2-month highs

While the market stood still, bitcoin showed its sharpest rise since the beginning of the year. Over 4 days, the price rose by approximately 14%, and then the growth accelerated even further.

What happened

On August 19, Trump held a meeting with the heads of Coinbase, Robinhood and Kraken, calling on Congress to pass the Clarity Act — a law on the status of digital assets. At the same time, data was released on the record US national debt — $40 trillion+, which fueled demand for BTC as an alternative to the dollar.

What this gave the market

• One-day inflow into bitcoin ETFs — more than $500 million, with BlackRock leading

• The market was "oversold" after weeks of sideways movement — the momentum intensified many times over

• A cascade of short-position liquidations — over 1$1,5 billion in 24 hours

Why the rise was so sharp

It was not due to a single factor, but to a coincidence: regulatory optimism + macroeconomic fears for the dollar + institutional money converged on a technically prepared market, where almost no "weak hands" remained.

Volatility is the flip side of growth. Sharp upward moves can just as easily be followed by a correction. Do not enter the market based on emotions from headlines.

🛡 Any cryptocurrency can be exchanged on Bitkit.money

 

[Bitkit.Money]

Zcash: why the privacy coin surged to $850

ZEC gained over 60% this week and hit a new high since 2018 — outpacing even Bitcoin's rate of growth.

What happenedMajor funds (Multicoin Capital, Cypherpunk Technologies) have started openly accumulating ZEC, citing demand for privacy amid growing scrutiny of crypto assets. At the same time, the SEC closed its investigation into the Zcash Foundation without sanctions — removing a regulatory risk that had scared off institutional investors for years.

Main triggerOn August 25, Grayscale launched the world's first spot ETF for a privacy coin on NYSE Arca — ticker ZCSH. Investors can now get exposure to ZEC through a regular brokerage account.

RisksTrading volume is mostly in leveraged futures — the move down could be just as sharp. The asset is technically overbought.

Several factors lined up at once: reduced issuance, easing regulatory pressure, institutional demand, and the ETF launch. Not financial advice — the market remains volatile.

🛡 Exchange any cryptocurrency at Bitkit.money.

 

[Bitkit.Money]

Bitcoin mortgage: applications worth $260 million have been submitted even before the launch

For the first time, Americans can use Bitcoin as collateral for a down payment when buying a home — without having to sell it. The product is already available from August 26.

How it works
Better Mortgage and Coinbase offer two interconnected loans: a conventional mortgage secured by Fannie Mae guarantees, and a separate loan for the down payment, secured by BTC held in Coinbase Prime.

The collateral requirement is a minimum of 250% of the loan amount.

The main feature is:
A drop in the BTC exchange rate does not in itself lead to a margin call. The collateral can be liquidated only if payments are overdue for more than 60 days.

Require
Even before the launch, the projected lending volume exceeded $260 million, and 76% of the waiting list participants were already Coinbase One subscribers.

The line between cryptocurrencies and traditional finance is blurring before our eyes. This is not financial advice, but the trend is clear: Bitcoin is becoming an asset that can be used as a financial instrument rather than being sold.

You can exchange any cryptocurrency on Bitkit.money.

 

[Bitkit.Money]

We remind you: bitkit.money offers exchange in a dozen different directions!

Exchange cryptocurrency not only for rubles — dozens of currencies are available worldwide!

Available currencies for purchase:

CNY — Alipay / WeChat
KZT — Kazakhstani tenge
AED — UAE dirham
BYN — Belarusian ruble
GEL — Georgian lari
KGS — Kyrgyz som
TRY — Turkish lira
WISE (EUR / USD)
Skrill (EUR / USD)


Exchange crypto for the required currency right now!

Bitkit.money.