❔How it works
See video tutorials or follow the text guide below
Last updated
See video tutorials or follow the text guide below
Last updated
EGSpectre blocks any fraudulent wallets based on industry data from authorised sources.
Discreet Mode:
We also support a Discreet transfer method, that you can select by sliding the button to the right. The Discreet mode is cheaper, faster and provides a higher level of privacy than public transactions. Although these are hard to trace, but not totally anonymous.
Scenario: In this example, we are converting BNB from Binance Smart Chain (BEP-20) to Ethereum (ERC-20). I want to send this cross-chain. I also want to send it anonymously.
Step 1:
On the Swap page, I enter 2 currencies I want to swap. I also enter which wallet I need the funds (ETH) sent to.
The page gives an estimate of the ETH I will receive, in this case, 0.0054456 ETH approximately based on the exchange rate and gas fees at this time. This includes all commission and gas fees etc.
Note: We don’t charge users any commission, we take it directly from exchanges fulfilling the transaction in the backend, so users get the best rates.
Step 2:
An anonymous swap is created.
The user is given a wallet address (also a QR code) to send their 0.05 BNB to.
The user has 30 minutes to send the funds to this wallet, or the order will expire.
The user is also given a unique ID in case things go wrong and they want us to troubleshoot.
Step 3:
The user sends funds to the wallet shown. This can be done by simply sending the funds to the wallet shown using your MetaMask or Trustwallet.
When funds are received, the Received section lights up so the user knows that the transaction is in motion.
Behind the scenes, we hop between multiple exchanges to anonymise the transaction.
When swapping is complete and the transaction is anonymised based on our unique algorithm, we send the ETH to the user's wallet.
Step 4:
Funds are delivered to the user's wallet. ✔️
The transaction is marked as completed. ✔️
Final Points:
Here is a screenshot of the transaction hash. See that ETH was delivered to the user account.
As you can see, the ETH is slightly less than what was shown on the Swap page as an estimate.
We showed the user an estimate of 0.0054456 ETH but delivered them 0.00533979 ETH as shown below.
The difference is 0.00010581 ETH, which is 20 cents ($0.20) at the current market rate, which is not bad at all, especially considering the transaction was on ETH.
Lastly:
This whole process takes 20 – 30 minutes which makes it very fast for a cross-chain bridge.
After 48 hours, the transaction is erased from our servers.
So this is how you can transfer funds anonymously.
Welcome to financial privacy on the blockchain!
