As Blockchain Reveals Trader Identities, SilentSwap and CryptoFace Provide Discreet Alternatives

World-Record Crypto Trader CryptoFace Appointed to SilentSwap's Advisory Board to Advocate for Blockchain Privacy

SilentSwap, a prominent non-custodial platform specializing in private cross-chain digital asset exchanges, has revealed that CryptoFace will be joining its advisory board in anticipation of the upcoming V2 platform launch. This decision highlights the increasing need for privacy-focused solutions within blockchain trading, especially among institutional investors and high-value traders. CryptoFace, who is recognized for achieving both the highest profits and the largest losses in live-streamed crypto trades, offers valuable insight into managing the risks associated with blockchain transparency, as reported by

.

CryptoFace pointed out that the open nature of blockchain has consistently created obstacles for active traders. "Moving assets across chains was a nightmare," he explained, referencing the dangers of wallet exposure and the challenge of executing significant trades without drawing attention. SilentSwap's V2 platform is designed to tackle these issues by offering robust transaction privacy—utilizing up to 16 privacy outputs to mask on-chain activity—and rapid swaps that can process millions of dollars each minute. With its non-custodial structure, the platform allows users to maintain complete control over their funds while enjoying advanced privacy features.

Shibtoshi, the founder and CEO of SilentSwap, emphasized CryptoFace's contribution to fostering institutional engagement. "His background in managing high-stakes trades in unpredictable markets demonstrates why privacy is not just preferable, but necessary," Shibtoshi stated. CryptoFace's real-time trading broadcasts, which involve moving large sums while interacting with vast audiences, further support SilentSwap's goal of equipping advanced traders with the right tools.

The V2 version of SilentSwap offers support for multiple blockchains and a simplified API for integration, making it possible to execute complex trading strategies without the need for asset custody or complicated backend processes. The platform is fully aligned with OFAC and AML guidelines, removing a significant hurdle for institutions looking to enter decentralized finance. By merging privacy with regulatory compliance, SilentSwap seeks to balance the openness of public blockchains with the confidentiality that institutional users require.

This appointment comes at a time when privacy-centric developments are gaining momentum in the crypto industry. Rivals like Encifher have also launched solutions to enhance privacy on public blockchains, such as

, by supporting encrypted token transactions, according to . At the same time, platforms such as SunPerp are utilizing CLOB systems to improve decentralized trading, as noted by . Nonetheless, SilentSwap's dedication to institutional privacy sets it apart, positioning the platform to serve a vital segment of the market.