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Tornado Cash: The Ethereum scrambler? Where to Buy

CoinJournal

Cryptocoins News / CoinJournal 336 Views

Tornado Cash (TORN) has seen its price rise by 48% in the last two weeks.

Tornado Cash is a project that offers privacy to Ethereum holders. Users are able to submit their ETH and then withdraw it to another wallet while masking this second transaction to keep the data off-chain.

This makes the platform useful for those that are trying to hide where their money is heading from governments or bad actors.

Having only come to market in February, TORN has seen impressive price action so far, with all time low only reaching as low as $30.66, the project’s wild volatility has led to some great profit making opportunities for the Ethereum-masking project

Where to buy Tornado Cash (TORN)

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

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CedarFX

CedarFX is an eco-conscious broker offering 0% commission trading on 170+ assets, including Forex, Cryptocurrency Pairs, Stocks, Indices and Commodities. With up to 1:500 leverage, no-fee transactions and low spreads, traders can make the most of their funds. CedarFX also offers an Eco Account option to support tree planting and sustainability projects.

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Is Tornado Cash a good buy right now?

Because no investment is guaranteed to be successful, it is tricky to answer this question with certainty.

Concerns that the project could be used for money laundering purposes could be of concern to financial regulators, so there is every chance that authorities could order a crack down on the project.

However this has yet to be seen, and there is every possibility that the coin could continue to see higher price action in the near future.

The post Tornado Cash: The Ethereum scrambler? Where to Buy appeared first on Coin Journal.


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