How much does your bank know about you? The answer is: everything. Every transfer, every card purchase, every payment — all recorded, stored, and analyzed. For many people, this has never been a concern. But financial privacy is a right, and the DePix App offers a real alternative for anyone who wants to exercise that right without sacrificing convenience.

What financial privacy actually means

Financial privacy is not about hiding illegal activity. It is about controlling who knows what you do with your money. Just as you close the curtains at home without doing anything wrong, you might want your financial transactions to be invisible to institutions that have no need to see them.

In the physical world, cash provides natural privacy. When you pay for something with banknotes, no one logs that transaction in a database. There is no centralized history of your cash purchases.

In the digital world, that privacy has almost entirely disappeared. Every electronic transaction — bank transfer, card payment, mobile payment — creates a permanent record stored on servers, accessible to institutions and potentially to third parties.

The DePix App restores some of that privacy to the digital realm by using Liquid Network technology that protects the details of your transactions.

How traditional financial surveillance works

To appreciate the privacy the DePix App offers, it helps to understand what happens with your transactions in the traditional banking system.

When you make a bank transfer, at minimum three entities record the transaction: the sender’s bank, the receiver’s bank, and the central bank. Each stores complete data — amount, date, time, sender identification, receiver identification, and payment reference.

This data is retained for years. Banks use this information to build detailed profiles of your financial habits. They know where you shop, how much you spend in each category, your income, your spending patterns, and even your hours of financial activity.

This information is used to offer financial products, evaluate creditworthiness, comply with regulations, and in cases of court orders, to provide complete histories of your financial movements.

None of this is illegal. But it is important that you know it happens and have the option to choose something different when you want to.

How the DePix App protects your privacy

The DePix App operates on the Liquid Network, which offers a feature called Confidential Transactions. This technology is fundamental to the financial privacy that the DePix App provides.

In a regular Bitcoin transaction, anyone can see the amount transferred. Addresses are pseudonymous, but amounts are public. On the Liquid Network, transaction amounts are cryptographically hidden. Only the parties involved — the sender and the receiver — can see how much was transferred.

This means that if you send DePix to someone on the Liquid Network, no external observer can determine the transaction amount. They can see that a transaction occurred between two addresses, but how much was moved remains completely private.

This is a significant improvement over both the banking system (where the bank sees everything) and mainchain Bitcoin (where amounts are public for anyone to see).

Real-world privacy scenarios

Let us consider concrete situations where financial privacy makes a difference.

Imagine you are a freelancer receiving payments from multiple clients. With the traditional banking system, your bank has complete visibility into how much you earn, from whom, and how frequently. With the DePix App, you can convert crypto to reais and keep those earnings private on the Liquid Network.

Or consider a situation where you want to make a donation to a cause you support but prefer to keep that donation private. With a bank transfer, your bank and the central bank know exactly how much you donated and to whom. With DePix on Liquid, the transaction is confidential.

Another example: you are saving toward a personal goal and do not want anyone — not the bank, not a potential creditor, not anyone — to know how much you have set aside. Holding DePix on the Liquid Network provides that extra layer of privacy.

These are not spy-movie scenarios. They are normal everyday situations where privacy has real value.

What the DePix App does not hide

It is important to be honest about the limits of the privacy the DePix App offers. No system is perfectly private, and the DePix App is no exception.

When you deposit reais into the DePix App via Pix, that deposit transaction goes through the banking system. Your bank knows you made that payment. Similarly, when you withdraw DePix to your bank account, the incoming Pix transfer is recorded by the bank.

The DePix App’s privacy applies to what happens between the deposit and the withdrawal — the transactions on the Liquid Network. If you deposit, hold DePix for a while, and then withdraw, the bank sees the entry and the exit, but does not know what happened in between. It does not know how many addresses you sent to, how much you sent to each, or when you made those transactions.

For people who receive DePix from other sources (like Bitcoin payments converted to DePix), the privacy is even greater, since the bank does not even know you received those funds until you decide to withdraw.

Privacy versus anonymity

It is worth clarifying the difference between privacy and anonymity, because they are different things.

Privacy means your transactions are confidential — people cannot see the details unless you share them. The DePix App offers this through Liquid Network’s Confidential Transactions.

Anonymity means nobody knows who you are. The DePix App does not offer complete anonymity. You create an account with personal information, and the entry and exit transactions (deposits and withdrawals via Pix) go through the banking system with your identification.

Think of it this way: privacy is like sending a letter in a sealed envelope — people know you sent a letter, but they do not know what is inside. Anonymity would be sending the letter without a return address. The DePix App offers the sealed envelope.

Comparing privacy across systems

For a clear picture, let us compare privacy across three systems.

With traditional bank transfers, the bank sees amounts, parties, and timing for all transactions. The central bank also has full access. There is no transaction privacy.

With Bitcoin on the main network, addresses are pseudonymous but all amounts and transfers are public on the blockchain. Anyone can see how much each address received and sent. With blockchain analysis, it is possible to trace money flows.

With DePix on the Liquid Network, addresses are pseudonymous and amounts are confidential. External observers can see that transactions occurred but cannot see the amounts. This provides significantly more privacy than both bank transfers and mainchain Bitcoin.

For a broader comparison between DePix and the traditional payment system, check out our article on DePix vs traditional Pix.

Self-custody: you control your money

Beyond confidential transactions, another pillar of the DePix App’s financial privacy is self-custody. When you hold DePix on the Liquid Network, you control your own addresses and keys. No company has custody of your funds.

This is different from having money in a bank, where the institution can freeze, block, or restrict access to your funds. With DePix, your digital reais are under your direct control. As long as you have your keys, you have access to your money.

This combination of confidential transactions with self-custody creates a level of financial privacy and autonomy that simply does not exist in the traditional banking system. It is not about distrust — it is about having options and maintaining the freedom to choose how your money is managed.

Your financial privacy starts here

Pix has convenience — DePix has privacy. Stop exposing every transaction to the banking system and start using digital money that only you control. Visit depixapp.com.