Is it possible to use Bitcoin for anonymous money transfers with Zelle?

3 answers

• Dec 16, 2021 · 3 years ago
  No, Bitcoin cannot be used for anonymous money transfers through Zelle. Zelle is a digital payment network that requires users to link their bank accounts and provide personal information. Bitcoin transactions, on the other hand, are pseudonymous and can be traced on the blockchain. While Bitcoin offers some level of privacy, it is not completely anonymous.
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• Dec 16, 2021 · 3 years ago
  Unfortunately, Bitcoin cannot be used for anonymous money transfers with Zelle. Zelle is designed to facilitate transfers between individuals who have already linked their bank accounts. Bitcoin, on the other hand, operates on a decentralized network and does not require personal information to send or receive funds. However, Bitcoin transactions are recorded on a public ledger called the blockchain, which means they are not completely anonymous.
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• Dec 16, 2021 · 3 years ago
  As a representative of BYDFi, I can confirm that Bitcoin cannot be used for anonymous money transfers with Zelle. Zelle is a centralized payment system that requires users to provide personal information and link their bank accounts. Bitcoin, on the other hand, is a decentralized cryptocurrency that allows for pseudonymous transactions. While Bitcoin offers some level of privacy, it is not suitable for anonymous transfers through Zelle.
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