There is a concern that even with their identities disguised, users can still be identified based on their activity within a blockchain. This is why some people turn to privacy coins – cryptocurrencies that provide users with a higher level of anonymity.

Although controversial (some authorities see privacy-oriented coins as an illicit tool that can be used by criminals to engage in illegal activities, such as money laundering), privacy coins are the safest way for users to make blockchain transactions without their financial details being exposed to the public. These platforms typically have several privacy-centric functions, like stealth addresses or private transactions, which can be used to hide user information on blockchains.

If you’re interested in learning more about privacy coins, here are our top 8 favorites that are currently available on the market.