Hinkal enables private withdrawals from centralized exchanges
Hinkal now lets users withdraw funds directly from centralized exchanges into a private account on-chain, with no integration required. The protocol generates an EOA linked to the user's private account in the shielded pool, so moving money off a CEX no longer exposes their transaction history on-chain.
Hinkal has since introduced Deposit Addresses, which remove the need for the sender to interact with smart contracts when funding a private balance. This makes CEX withdrawals, PSP payouts, transfers from custodial wallets, and simple person-to-person payments into a private account straightforward, broadening how users can receive funds privately.
Sources
- Introducing Hinkal Deposit Addresses. Until now, receiving funds into a private balance required the sender to interact with smart contracts. That made CEX withdrawals, PSP payouts, transfers from custodial wallets, and even simple payments from another person difficult to https://t.co/6CvvjsPdMLx.com ↗
- Moving money off a CEX shouldn't publish your life on-chain. This week: withdraw directly from centralized venues into a private account on Hinkal. No integration required. How it works: - Hinkal generates an EOA linked to your private account in the shielded pool - You https://t.co/7lr0aCNZkcx.com ↗
