Bull Bitcoin has enabled the Payjoin protocol by default for Bitcoin purchases and sales made through its self-custodial BULL Wallet. Unlike standard transactions, the recipient adds their own funds to the transaction, making blockchain analysis and the determination of the amount actually exchanged more difficult. This UTXO consolidation can also reduce fees for future transactions. Users therefore gain greater privacy without changing their purchasing habits or needing to understand how the protocol works. Transactions nevertheless remain non-anonymous, as the amounts stay public and Bull Bitcoin knows the transactions it participates in.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
