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By generating a new address for each transaction, you make it more difficult for anyone to trace your activities on the blockchain. In this blog post, we explore the services and technologies that provide different levels of transparency when it comes to data. Each transaction on crypto exchanges is linked to a unique address, enabling the possibility of tracking its movement for tax and data purposes in the US. This means that every transaction made using Bitcoin on crypto exchanges can be viewed by anyone with access to the blockchain, which may have tax implications.
