- Sep 26, 2021
- 4
- 1
Are Bitcoins not anonymous?
Bitcoins are not anonymous but pseudonymous. This means that, unlike bank accounts, for example, a wallet address does not have your exact name, but a pseudonym consisting of letters and numbers. However, if someone can associate your name with this wallet address, which does not change, the anonymity of this wallet is compromised.
Therefore, when using Bitcoin, we recommend always using new wallets and mixing them to achieve maximum anonymity. There are other anonymous cryptocurrencies on the market, such as Monero, Zcash and others, but many use Bitcoin and that’s why a mixer is very important.
Why should I mix coins?
There are many reasons to use a mixer and restore your anonymity. First and foremost, you don’t want others to see what your financial activities you do with your personal wallet. However, just sending coins to your acquaintances, they can track your wallet address using the blockchain explorer and see all your financial activities.
Also, when buying goods or services online, buying Bitcoin in a restricted country or similar, they can trace your wallet address, thus compromising your privacy.
Conclusions
It’s important that they be trusted. There’s no authority or government you can complain to if they run off with your coins. So if you like privacy and also want to protect your cryptocurrency from government tracking or tracing, Bitcoin mixer services are a good option.
Let’s look at the best services of Bitcoin mixing:
CryptoMixer
CryptoMixer is a bitcoin mixer for high-volume bitcoin transactions. It is built with input from the BitcoinTalk community. The system offers a Letter of Guarantee for every transaction and strives to offer untraceable and safe transactions.
CryptoMixer ensures that the user information will remain hidden to third parties and has a zero-log policy.
Minimum Transaction: 0.001 BTC
Fees: 0.5-3% and 0.00005 BTC per output address
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: No
Tor mirror
FoxMixer
Out of all the cryptocurrency mixing platforms out their, FoxMixer is one of the best there is. Aside from the fact that it performs the usual function of a Bitcoin mixer, it has other features that improve the Anonymity of their users in the Blockchain network. They even have the option to anonymized the IP address of the transaction originator and they also monitor the blockchain to prevent a transaction from gaining unnecessary attention. The only problem with FoxMixer is that it charges a fixed rate of 1% which is relatively higher than the flexible fees offered by other platforms.
Minimum Transaction: 0.002 BTC
Fees: 1% and 0.0003 BTC per output address
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: No
Tor mirror
UniJoin
UniJoin is a crypto mixer that restores anonymity to your crypto funds using CoinJoin technology. With UniJoin you can break the link between your identity and your wallet address in a few simple steps and use your funds for transactions without compromising your anonymity.
Minimum Transaction: 0.001 BTC
Fees: 1% - 3%
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: Yes
Tor mirror
MixBtc
MixBTC is a completely anonymous bitcoin mixer with a low fee. This automated cryptocurrency mixing service lets you send bitcoins and receive new ones in return to another address. Three confirmations are required to start mixing. The service does not store information about the transactions carried out. The system supports SegWit addresses.
Minimum Transaction: 0.001 BTC
Fees: 1%-5%
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: Yes
Tor mirror: No
Bitcoins are not anonymous but pseudonymous. This means that, unlike bank accounts, for example, a wallet address does not have your exact name, but a pseudonym consisting of letters and numbers. However, if someone can associate your name with this wallet address, which does not change, the anonymity of this wallet is compromised.
Therefore, when using Bitcoin, we recommend always using new wallets and mixing them to achieve maximum anonymity. There are other anonymous cryptocurrencies on the market, such as Monero, Zcash and others, but many use Bitcoin and that’s why a mixer is very important.
Why should I mix coins?
There are many reasons to use a mixer and restore your anonymity. First and foremost, you don’t want others to see what your financial activities you do with your personal wallet. However, just sending coins to your acquaintances, they can track your wallet address using the blockchain explorer and see all your financial activities.
Also, when buying goods or services online, buying Bitcoin in a restricted country or similar, they can trace your wallet address, thus compromising your privacy.
Conclusions
It’s important that they be trusted. There’s no authority or government you can complain to if they run off with your coins. So if you like privacy and also want to protect your cryptocurrency from government tracking or tracing, Bitcoin mixer services are a good option.
Let’s look at the best services of Bitcoin mixing:
CryptoMixer
CryptoMixer is a bitcoin mixer for high-volume bitcoin transactions. It is built with input from the BitcoinTalk community. The system offers a Letter of Guarantee for every transaction and strives to offer untraceable and safe transactions.
CryptoMixer ensures that the user information will remain hidden to third parties and has a zero-log policy.
Minimum Transaction: 0.001 BTC
Fees: 0.5-3% and 0.00005 BTC per output address
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: No
Tor mirror
FoxMixer
Out of all the cryptocurrency mixing platforms out their, FoxMixer is one of the best there is. Aside from the fact that it performs the usual function of a Bitcoin mixer, it has other features that improve the Anonymity of their users in the Blockchain network. They even have the option to anonymized the IP address of the transaction originator and they also monitor the blockchain to prevent a transaction from gaining unnecessary attention. The only problem with FoxMixer is that it charges a fixed rate of 1% which is relatively higher than the flexible fees offered by other platforms.
Minimum Transaction: 0.002 BTC
Fees: 1% and 0.0003 BTC per output address
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: No
Tor mirror
UniJoin
UniJoin is a crypto mixer that restores anonymity to your crypto funds using CoinJoin technology. With UniJoin you can break the link between your identity and your wallet address in a few simple steps and use your funds for transactions without compromising your anonymity.
Minimum Transaction: 0.001 BTC
Fees: 1% - 3%
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: Yes
Tor mirror
MixBtc
MixBTC is a completely anonymous bitcoin mixer with a low fee. This automated cryptocurrency mixing service lets you send bitcoins and receive new ones in return to another address. Three confirmations are required to start mixing. The service does not store information about the transactions carried out. The system supports SegWit addresses.
Minimum Transaction: 0.001 BTC
Fees: 1%-5%
Log Policy: No logs are collected
Time Delay: Yes, User Controlled
Letter of Guarantee: Yes
Tor mirror: No