In light of the growing interest in digital currency from around the world, bitcoin owners are increasingly thinking about maintaining the anonymity of their purchases. And although it was previously thought that the sender could remain undetected when sending his coins, it turned out that this was not the case. As a result of government control, transactions have become traceable, which means that the sender’s email and even personal identification can be disclosed. But do not worry, because there is an answer to this problem – bitcoin mixing services.
How to maintain your privacy when using a bitcoin blender
To understand what a Bitcoin blender is, it is software that separates a transaction by mixing its parts with other transactions used. As a result, the sender gets back an equal number of coins, but in a mixed order. Thus, it is impossible to trace the transaction to the sender, ensuring the preservation of personal information.
The future of bitcoin blenders: what to expect
As many people know, every transaction with cryptocurrency, including bitcoin, is registered in the blockchain and leaves traces. These traces are necessary for the state to pursue illegal activities such as the purchase of weapons, drugs or money laundering. However, if the sender wishes to maintain confidentiality without having to do with illegal activities, cryptocurrency mixers are available that ensure the security of the sender’s personal identity. Many bitcoin owners don’t want everyone to know how much they earn or how they spend their money.
There is an opinion among some Internet users that using a bitcoin mixer is a crime in itself. However, this is not true. As already mentioned, the use of a mixer can become illegal only if it is used to disguise criminal activity. Otherwise, there is no reason to worry. There are many services that allow bitcoin owners to mix their coins.
However, it is important to be careful when choosing a service for mixing digital currency. Which service can I trust? How can the owner of the cryptocurrency be sure that the mixer will not steal the money sent? In this article, we will look at some aspects that you should pay attention to to make sure that the sender trusts a reliable service:
1) Commissions, which are usually about 1-3%. They have to be reasonable.
2) No logs. This ensures that no information about your online activities will be recorded. This is a very important aspect.
3) The ability to add different outgoing addresses to spread the risks and send mixed coins to different destinations.
4) Support for various types of cryptocurrencies. Some mixing services allow you to mix not only bitcoins, but also other types of digital money.
5) Quick confirmations. The faster the transaction is confirmed, the better.
6) Letter of guarantee. Some mixers offer guarantees that can be used as confirmation of your participation in the transaction and protection of your money in case of fraud. These letters of guarantee are often presented as digitally signed text files using the PGP mechanism.
These parameters are critical when choosing a service for mixing cryptocurrencies. In addition, there are other aspects that should also be taken into account, and all of them are included in the table of the best bitcoin mixers.
The digital currency mixing services listed above are some of the best mixers that have been selected by users and are recommended for use. Let’s look at each of them and describe their features, which should be paid attention to.