Anonymity of Bitcoin
If you think Bitcoin is an anonymous cryptocurrency… you are totally wrong. Despite the high level of anonymity of Bitcoin, you should understand that thanks to the blockchain technology, the use of crypto currency is also fairly transparent. Knowing where you expect the payment, or from which address you make it, outsiders can easily track the movement of your funds.
Many e-currency exchange points and crypto-exchange exchanges often require the verification of your identity, which will ultimately make your personal data public in varying degrees. Some people using Bitcoin are looking to get a real privacy and this is where bitcoin mixing service websites are useful.
What is Bitcoin Mixing?
Bitcoin tumbling, also referred to as Bitcoin mixing or Bitcoin laundering, is the process of using a third party service to break the connection between a Bitcoin sending address and the receiving address(es).
In other words, coin mixing services take your cash and give you new cash to your secret identity so that it remains secret.
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:
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
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: Yes
- Tor mirror
Mixertumbler
Bitcoin Mixer(Tumbler) is a bitcoin mixer that allows you to send BTC funds while protecting your identity. The bitcoin blender has several bitcoin pools for low-value and high-value transactions from all the users from which you will receive new and untraceable coins.The service has random service fees that go between 1% and 5% to make the bitcoin mixer transactions untraceable. Bitcoin Mixer(Tumbler) is TOR-friendly and can encrypt all transactions and locations. The service deletes all transaction history logs after 24 hours.
- Minimum Transaction: 0.01 BTC
- Fees: 1%-5%
- Log Policy: No logs are collected
- Time Delay: Yes, User Controlled
- Letter of Guarantee: Yes
- Tor mirror: No
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