What is bitcoin mixing

Содержание
  1. Top 20 FAQ About Bitcoin Mixers Finally Discussed
  2. 1.What is Bitcoin Mixing?
  3. 2.How long does the mixing process take?
  4. 3.How many network confirmations does a Bitcoin mixer need to accept transactions?
  5. 4.How long does an incoming address remain active?
  6. 5.Is it possible to reuse my incoming address?
  7. 6.How do you guarantee privacy for mixer users?
  8. 7.What is the minimum BTC amount I can mix?
  9. 8.What happens if I send less than 0.01BTC to the Mixer?
  10. 9.How long does the mixer need to cleanse Bitcoins?
  11. 10.Do you store logs?
  12. 11.Do you keep support form requests?
  13. 12.What are your service fees?
  14. 13.Why does a mixer charge randomized fee?
  15. 14.Does your mixeruse a TOR network?
  16. 15.Can I use a website with VPN?
  17. 16.Is this service restricted to people from specific countries?
  18. 17.Is it possible to place few orders in bits?
  19. 18.Does this service allow the mixing of huge coin volumes?
  20. 19.What happens if my transaction closes suddenly?
  21. 20.Is mixing Bitcoins legal?
  22. 21.Why is Bitcoin not anonymous?
  23. 22.Is it safer to use Bitcoin via Bitcoin mixers or to use anonymous cryptocurrencies?
  24. Anonymize My Bitcoins
  25. What is Bitcoin Mixing?
  26. Why Do People Use Bitcoin Mixers?
  27. Concluding Thoughts
  28. What is Bitcoin Mixing?
  29. What is Bitcoin Mixing?
  30. How does Bitcoin Mixing work?
  31. Step-by-step guide on how to mix your coins
  32. Why should you mix your coin?
  33. To prevent third-parties from looking into your economic behavior
  34. Avoiding real life threats
  35. Final Thoughts
  36. Related posts
  37. TOR network hack reveals the need to anonymize Bitcoin transactions
  38. How do we prevent Privacy erosion with the rise of CBDCs?
  39. How Bitcoin Mixers can preserve Privacy Rights in 2020

Top 20 FAQ About Bitcoin Mixers Finally Discussed

All over the web, cryptocurrency enthusiasts are looking for answers to their questions about Bitcoin mixing. Many are interested in mixing their coins while others are unsure about the authenticity of this service.

We’ve done our homework and gathered the most popular questions that people are asking. Our clear and straightforward answers provide the information you need to stop stalling and start mixing.

This page comprises more than 20 FAQ about Bitcoin Mixers. The answers will enlighten you about Bitcoin Mixer since it provides the common questions about mixing services widely asked by users.

1.What is Bitcoin Mixing?

Bitcoin mixing involves mixing your coins with those of other users via a mixing service in order to remain anonymous and enjoy secure transactions.

When you choose to mix, tumble, or shuffle your coins using a third-party system, you sign up for privacy and completely untraceable purchases, donations, and exchanges.

The ultimate goal of Bitcoin mixing services is to break the link between your withdrawal address and receiving address so that your Bitcoin wallet cannot be traced.

2.How long does the mixing process take?

The timing of the mixing process depends on your preferred custom delay. Custom delays generally span from 30 minutes to 1200 minutes. Hence, you can always set your custom delay to fit your needs at the time of the transaction.

This time delay feature enables you to decide when you want your coins to arrive. Since the time selection is up to you, it becomes difficult for anyone to trace your coins to a specific timeline.

Another important issue which you should consider here is the network confirmations. The Bitcoin mixer often has to confirm your transaction before moving the coins from the sending address to the destination address.

At the end of the confirmations, your coins can join the pool and be tumbled after which you will receive newer coins. Note, however, that the volume of your Bitcoin may affect the network confirmations.

3.How many network confirmations does a Bitcoin mixer need to accept transactions?

With three network confirmations, the Bitcoin mixer will allow your transaction to pass. In some cases, people may have to wait for up to six confirmations when using Bitcoins on other platforms.

But this doesn’t apply to all Bitcoin mixers. The three verifications serve as a guarantee that the coins are clean and haven’t been tainted on gambling sites or similar platforms. At the end of the confirmations, the transaction is authorized.

4.How long does an incoming address remain active?

An incoming address is valid for up to 48 hours after which the user will need to provide another address. This validity period is designed such that you can only use it for a single transaction.

As a result of this 2-day period, it is important that you stick to unique incoming addresses per transaction.

5.Is it possible to reuse my incoming address?

You can use a single incoming address for only one transaction. This means that if you start a transaction will a specific incoming address, you should ensure that you complete that transaction with the same address.

And when the transaction is completed, you cannot use the incoming address a second time. The second transaction which will be considered as an error will not be processed by mixer.

6.How do you guarantee privacy for mixer users?

With a no-log policy that implies that client information are deleted, the mixer keeps your transactions private. Within 24 hours of a successful mixing order creation, all your transaction information are removed from our servers.

In addition, our site is SSL protected; hence, it cannot be intercepted by malicious attacks or hacks. All our coins are untraceable and clean. Thus, you can rest assured that you are safe.

7.What is the minimum BTC amount I can mix?

The smallest amount you can mix using the mixing service is 0.01BTC.

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Anything less than 0.01BTC will be accepted as a donation.

8.What happens if I send less than 0.01BTC to the Mixer?

If you send any amount less than 0.01BTC to the Bitcoin mixer, it will be considered as unfit for mixing. As a result, it will be accepted as a donation to the mixer’s services.

9.How long does the mixer need to cleanse Bitcoins?

Our service normally has clean Bitcoins available. In essence, cleansing doesn’t take any specific time which would affect or slow down your mixing process.

All you need to do is specify your time delay (which is between 30 minutes and 1200 minutes). We encourage all users to set customize their time delay because it determines when your coins arrive and keep you completely unseen during anyBlockchain analysis.

10.Do you store logs?

We do not store logs or request any personal information from clients. Our algorithm works in a manner that permanently deletes all transaction history as soon as the conditions of a specific order have been met.

11.Do you keep support form requests?

We do not keep any form requests sent to our support team. Usually, such forms contain information which can be linked to an individual user.

However, by deleting all support forms as soon as an issue is resolved, we ensure that our clients enjoy total privacy.

12.What are your service fees?

Transaction fees range from 1% to 5% and this depends on the amount of coins that you intend to mix. Also, our fees are randomized.

Randomized service fees are unpredictable fees which further confuse criminals that may be out to find out the specific mixer which a user chooses.

When fees are fixed, it is easier for researchers to find the missing link between the amount they’re investigating and the fees which a mixer charges for transactions.

13.Why does a mixer charge randomized fee?

Randomized fees are generally harder to trace. Researchers, hackers, and criminals who may be out to find the real-life owners of Bitcoins may think of finding similarities between the fees charged by a mixer and the amount sent by a user.

But randomized fees are more difficult to figure out.

14.Does your mixeruse a TOR network?

Yes, our website supports a TOR browser which is more complex than the Clearnet. Unlike Clearnet which focuses on securing you from criminals and snoopers but not legal authorities, the TOR network removes every trail which can be traced to you. TOR protects your identity almost 100%.

15.Can I use a website with VPN?

Yes, using a Virtual Private Network (VPN) when mixing coins via a mixer shields your IP address and removes any actual information about your identity. The TOR network and the right VPN improve your anonymity and encrypt all your mixing requests on the mixer’s service.

Hiding your activities and location adds an extra layer of security to your mixing activities.

16.Is this service restricted to people from specific countries?

Owners of Bitcoin in Canada and the United States are not allowed to mix with this Bitcoin mixer. Many mixers operate different codes which may not be acceptable or accessible in other countries or parts of the world.

17.Is it possible to place few orders in bits?

Yes, you are free to mix your coins in smaller orders instead of in a single order. This enables you to receive them at different times and take more reasonable risks.

18.Does this service allow the mixing of huge coin volumes?

You can mix coins of high volumes on this mixer as we have different pools for different amounts. As a result, we provide reserves which can cater to vast coin amounts. You never have to worry about your coin being badly mixed or coming back as tainted.

Nonetheless, the service fees for the high-value pools are higher than smaller BTC.

19.What happens if my transaction closes suddenly?

Contact our support page if you encounter any problems while trying to place an order. Provide all the information you have and you will receive feedback as soon as possible. Our team will view the exchange process and carry out the necessary steps to complete the transaction.

Different countries have different laws regarding Bitcoin. Bitcoin mixing is acceptable in some countries whereas some anti-constructing laws ban the mixing of huge amounts of coins.

We suggest that you find out if mixing Bitcoin is acceptable in your country before you use our service.

21.Why is Bitcoin not anonymous?

Bitcoin operates on the Blockchain network which is a public log which records all the activities of users.

Since all transactions are visible to the public, your identity can be traced and seen by all interested individuals including criminals and law enforcement agencies.

22.Is it safer to use Bitcoin via Bitcoin mixers or to use anonymous cryptocurrencies?

Bitcoin mixers provide more guarantees than anonymous digital currencies which are still few and limited in their functions. Mixers, however, retain no personal data, keep no logs, and provide maximum pools for all amounts of coins.

Before you conclude on your preferred mixing service, be sure that all your doubts are cleared and the reviews are awesome.

Anonymize My Bitcoins

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What is Bitcoin Mixing?

The features of Bitcoin that makes it attractive to people is that the user is in control of the user’s own finances. The storing and transfer of the digital currency does not need the services of third parties such as banks or brokers. It is a peer-to-peer network that does not need long periods of time to confirm that you sent money to anyone. In fact, both parties in a transaction can view its state or number of confirmations.

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Unfortunately, the transactions on the Bitcoin network are also available for any other person to see. They are public. Naturally there are people who do not want to have their financial records publicly available for a wide variety of reasons.

This is where Bitcoin mixers or blenders come in to save the day. What they do is essentially that they receive your bitcoins and mix, obliterate and obfuscate the trail of your transaction and send you coins that people can’t actually trace to your old wallet.


Blenders as we usually see them.

Why Do People Use Bitcoin Mixers?

The need for bitcoin mixing arose from the realization that Bitcoin is not as anonymous as people initially thought.

Bitcoin is built on the distributed ledger technology also known as blockchain. Blockchain is essentially an open ledger that contains all the transactions made on it. These transactions are public and accessible to anyone that can view the ledger. This means that a careful analysis of the transactions of a wallet can easily know where it has been receiving funds from and where it sends them. A closer scrutiny will link the public address of any wallet to an IP address. This means that everything you do on the Bitcoin network can be traced back to you.

To avoid such situations, bitcoin mixing services such as Bitcoinmix.org can make your bitcoin transactions anonymous by dissociating your past transactions from you by mixing your bitcoins with those belonging to others and sending you equivalent volume of coins from a pool made up of coins from other wallets.

So, whenever you want to make sure that your Bitcoin transactions are private and anonymous, use a Bitcoin mixing service and have the coins dissociated from older transactions. The new coins you get in your new wallet will also be like new.

Concluding Thoughts

Many people need their Bitcoin transactions made anonymous for different reasons. Among these are those that their coins came from sources that they do not trust. For instance, if you bought or sold something using Bitcoins, you can be sure that that is a tainted source.

However, it is important to bear in mind that whenever you have received substantial sums, it may be necessary to have them blended simply for the sake of privacy.

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What is Bitcoin Mixing?

Bitcoin mixing helps you keep your identity safe and secured. But have you thought about how it works and why is it important?

One of the biggest promises of cryptocurrencies, especially Bitcoin, is to protect the privacy and accuracy of the transactions that are passing through the entire blockchain. It works for most parts, but there is definitely are methods in order to uncover the real-world identities linked to the supposed “pseudonymized” Bitcoin identities a user has.

It is important to note that when making Bitcoin transactions, the only trail that can be traced back to is your Bitcoin address – but even if this address is anonymous to a certain degree, there are other ways to link them back to you. For example, if you happen to withdraw funds through a Bitcoin exchange platform who knows your identity, the transaction can eventually be traced back to you.

In short, the people who know how and where to look for it can definitely trace one transaction to the real-world identities of the parties making the said Bitcoin transaction. Thankfully, for whatever purpose it may serve, there is a way for people to add extra protection to their identities when making Bitcoin transactions – Bitcoin Mixing.

What is Bitcoin Mixing?

Bitcoin Mixing is the process of letting users “mix” their coins with other users in a pool of funds. This way, the coins will be once again anonymized, and the trail will end and restart at the Mixer. By mixing their Bitcoin, users will be able to obscure the link between their Bitcoin addresses and their real-life identities, making it easier for users to make transactions privately.

How does Bitcoin Mixing work?

Bitcoin mixing works in a pretty straightforward way. It involves the use of a third-party software where you can send your coins and who will swap the coins previously sent by other users back to you in the same amount. This way, the trail of Bitcoin transactions made by the coins you wanted to mix will be broken and will be replaced by a new coin that will have a totally different trail in it. If you don’t want the whole world to know who you sent your coins to or who sent you some coins, bitcoin mixing is your best hope.

The third-party software used for Bitcoin mixing is what is called a Bitcoin Mixer or a Bitcoin Tumbler. By the name itself, a Bitcoin mixer serves as an intermediary between you and the recipient or the sender of the coins in a transaction. In the simplest term, Bitcoin Mixers are randomizers of coins so that what you receive or what you send becomes random and will not be traced back to your Bitcoin Wallet.

One of the best Bitcoin Mixers in the market right now is MyCryptoMixer. It works like a standard bitcoin mixers with unique algorithms that add a layer of privacy to your transaction. The platform allows you to randomize and anonymize your coins by Time Freezing the transactions so that it mimics the actual behavior of cryptocurrencies — making it virtually impossible for other interested parties to trace the trail of the transactions back to your identities.

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Step-by-step guide on how to mix your coins

  1. Create BTC wallet #1.
  2. Buy some coins and transfer them to wallet #1.
  3. Create BTC wallet #2 over the Tor network.
  4. Send your coins from wallet #1 directly to wallet #2.
  5. Create BTC wallet #3 over the Tor network.
  6. Select a mixer service (MyCryptoMixer) and set up your transaction there using the address(es) from wallet #3. It is recommended that you use multiple addresses and to set random time delays (always make sure you are using the correct (dot)ONION links!).
  7. Send the coins from wallet #2 over the Tor browser to the address generated for you by the mixer.
  8. Assuming these coins are going to be sent to a darknet market… if you don’t already have your deposit address, sign in and get it while having JavaScript disabled. Never use any market that requires you to enable JS!
  9. You can use Blockchain.info’s Tor hidden service to watch for your coins arrive from the mixer. Once you have them, restart Tor and then send the coins to their eventual destination.

Why should you mix your coin?

We have heard it multiple times that only criminals are concerned about the anonymity of their bitcoin transactions. That is entirely untrue. Everyone who makes Bitcoin transactions need to protect their privacy because that is a basic human right. Here are a few of the most compelling reasons why mixing your coins is very important.

To prevent third-parties from looking into your economic behavior

We all know that many third-parties, including intrusive businesses and advertising firms who are keen on analysing the buying behavior of people for advertising purposes. By not mixing your coins, third-parties will be able to see how much you spent, where you spend them, and how much bitcoin you own. If you don’t want your mom to snoop around your room, why would you let these totally unrelated strangers see how you spend your money?

Avoiding real life threats

Not being anonymous with your bitcoin transaction can also lead to real-life threats. Since anyone can have access to your transaction history via the blockchain network, criminals too will be able to see your behavior. This is far more alarming that what is mentioned above.

Example #1: Imagine having more than 50BTC in your wallet. In real-life currency, that roughly translate to $450,000. Since criminals will be able to see that this is the amount of money you have in your wallet, they might decide to go after you. Following the details they find in the blockchain network about you, they can deduce it determine your real-life identity. Once they figure this out, they might launch a plan to kidnap you or blackmail you for money. This is all because they know that you have a lot of money in your account.

Example #2: Now, the criminal decided to take another route and instead of abducting you, they sent you a phishing email that is so believable that you fell for it. Hackers can send your devices a certain malware that could steal all the contents of your Bitcoin wallet. While in this example, you will not be harmed, you will still lose your funds.

It might appear like these situations are purely hypothetical. However, they’re not. Both of these examples have happened in real life and people have actually fell victim to criminals and hackers just because their transaction history is widely available in the blockchain network.

Final Thoughts

We have established that cryptocurrencies are not completely anonymous. While a certain degree of anonymity is offered by not providing personal information when making a transaction, there will always be people who will be able to link your transactions back to you. That is the reason why you always need to mix your coin. It severs the links between your Bitcoin transactions and your identity. Through Bitcoin mixing, you can use Bitcoin to make a transaction without the fear of someone snooping around where they should not.

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