Using Lendasat Privately: A Practical Confidentiality Guide for Borrowers and Lenders

Privacy isn’t a luxury, it’s a foundational pillar for sovereignty. Lendasat embraces this vision by allowing anyone to access credit or yield in peer-to-peer without intermediaries, without invasive data collection and risk of data leakage.

On our peer-to-peer platform, every user remains in control of their keys, their choices, and their data.

But with this freedom comes responsibility: your privacy depends largely on your on-chain hygiene. Neither Lendasat nor the Bitcoin protocol exposes your personal data, but some information, such as transactions or addresses, is public. This guide explains how to use Lendasat while preserving your privacy, whether you are a borrower or a lender.

The goal is not to disappear, but to avoid unnecessary links between your real-world identity and your blockchain activities in order to be protected from malicious peers. With a few simple practices, you can significantly strengthen your privacy and interact peer-to-peer with much more confidence.

1. For Borrowers: Preparing Truly Private Bitcoin Collateral

Always use a pseudonym

First things first: pick a pseudonym for your Lendasat profile.

There is zero reason to use your real name in a P2P interaction.

An alias “Satoshi84,” “OrangePillFox,” or anything else, protects your identity while remaining perfectly functional.

This avoids other peers to find :

     - your Twitter/Discord accounts,
     - and your Bitcoin addresses.

A pseudonym is the simplest, yet one of the most effective, layers of privacy.

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Clean your UTXOs before posting them as collateral

As a borrower, the main on-chain element visible to the lender is your collateral.

So you should avoid posting a UTXO that is:

     - clearly linked to your identity,
     - linked to a payment,
     - linked to past activity you don’t want to expose.

If a good hygiene is preserved, once your BTC arrive at the Lendasat deposit address, the counterparties cannot realistically trace the UTXO back to your identity, reconstruct your previous activity or deduce your total holdings.

2. Receiving and Using Stablecoins Privately

On EVM chains and other account-based blockchains, privacy is more challenging because:

     - everything is tied to a single account,
     - all transactions are visible,
     - approvals and DeFi interactions accumulate in a public history.

Create a fresh address (recomended)

When borrowing, always provide a brand-new EVM address, generated via:

     - a hardware wallet (Ledger, Trezor or other),
      - or a browser wallet (Rabby, Metamask),

It ensures your Lendasat address is not linked to wallets containing NFTs, nor to any past DeFi interactions. This way your peers won’t be able to get additionnal information on you they could weaponize against you.

The gas token problem

When you receive stablecoins on a fresh address, you face a basic obstacle: you cannot do anything without a gas token.

You cannot:

     - swap,
    - use DeFi,
    - send the funds to an exchange platform,
    - buy back BTC via LendSwap.

The exchange protocol 1inch allows you to approve a contract that automatically swaps a small portion of your stablecoins for gas tokens, even if you have none yet.

Once this first swap is completed:

    - you have enough gas to move the funds,
    - you can interact freely without contaminating your other addresses.

Another excellent tool is Lendaswap, which lets you swap BTC for stablecoins in a trustless way. This means you don’t need to hold stablecoins in advance, you can simply convert BTC when it’s time to repay your loan, and do so using a fresh address for better privacy.

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JOIN LENDASAT AND BORROWING AGAINST YOUR BITCOINS

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Final goal: no link between this address and any other

From there, you can:

    - send the funds to an exchange,
     - use DeFi,
    - buy BTC through LendSwap,
    - spend the stablecoins anywhere,

… without ever creating a link to your other blockchain identities.

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3. For Lenders: Maintaining Proper On-Chain Hygiene

Lenders also need to avoid exposing:

    - their main address,
    - their full balance,
     - previous EVM or NFT activity,
    - .eth pseudos,

The best practices are very similar to those for borrowers.

Always use a pseudonym

Just like borrowers, don’t use your real name for your Lendasat. account

A lender doesn’t need to be identifiable by borrowers, only reliable regarding the loan terms.

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JOIN LENDASAT AND LEND YOUR STABLECOINS IN PRIVATE

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Add a layer of obfuscation with a bridge or exchange platform

If your stablecoins currently sit on an address connected to your identity (e.g., from KYC), you can:

    - bridge them or deposit/withdraw with a centralized exchange,
    - receive them on a fresh address,
    - optionally switch chain and address at the same time.

This doesn’t make you anonymous, but it:

    - breaks direct visibility between your main wallet and your lending wallet,
    - improves your long-term on-chain hygiene.

Conclusion: Privacy Is a Choice, Not a Promise

Lendasat requires no KYC between peers, does not monitor your transactions, and does not collect your identity.

This gives you a lot of freedom, but it only reaches its full potential if you apply strong on-chain hygiene.

By using:

    - a pseudonym,
    - clean UTXOs,
    - fresh stablecoin addresses,
    - gasless swaps to avoid contamination,

… you create the ideal environment for borrowing or lending privately, without exposing your identity or your assets.