Post
Topic
Board Bitcoin Discussion
Re: IF I SEND BTC TO A FRIEND/FAMILY, DOES IT MEAN THEY CAN KNOW MY WALLET BALANCE?
by
StarKay
on 09/12/2021, 16:32:43 UTC

Its better to use an exchange wallet to send someone with full privacy.Then they will not be able to trace your balance anymore.
As someone earlier mentioned in the public discuss that using exchange wallet to hide your identity from a family is like being penny wise but pounds foolish. Exchanges can provide your identity to any body or individual and they can even do worse with it.
If the OP is concerned about forfeiting his identity by that I guess he means exposing his account balance to his family members, he can simply operate from different bitcoin wallet. By that his bitcoin total balance will be his secret.