Tornado Cash Coin is the native cryptocurrency of Tornado Cash, providing users with voting rights in protocol management.
What is Tornado Cash (TORN)?
Tornado Cash (TORN) is a decentralized and user-focused privacy solution project operated on the Ethereum network. It enhances transaction privacy by breaking the on-chain link between recipient and destination addresses. Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits.
Deposits made through Tornado Cash can be withdrawn from any address on any chain. When an asset is withdrawn by a new address, there is no way to link the withdrawal to the deposit to ensure asset privacy. Tornado Cash uses zk-SNARKs technology, a zero-knowledge proof model, to ensure maximum privacy.
zk-SNARKs technology allows for the verification of this proof without requiring the user to make any privacy declarations. The smart contract then checks the proof and transfers the deposited funds to the address specified by the withdrawal transaction. Any external observer cannot determine which deposit transaction is linked to this withdrawal.
TORN is the native cryptocurrency of Tornado Cash. It is an ERC-20 token used for governance regarding protocol upgrades and fixes.
Where to Buy TORN Coin?
TORN Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. Tornado Cash Coin is traded on the Binance platform in TORN/BTC, TORN/BNB, TORN/BUSD, and TORN/USDT pairs.
To purchase TORN Coin, you first need to become a member of the Binance exchange. After completing the membership, you need to transfer cryptocurrency or fiat currency to your Binance account wallet. Once the transfer is completed, you can buy TORN Coin from any of the four pairs mentioned above. To purchase from the TORN/USDT trading pair, first, go to the interface of this pair. In the limit tab, enter the amount you want to buy in the specified area. After specifying the amount, the purchase is completed with the Buy TORN order.
