Bitcoin serves many purposes as a currency and one of these include making fast payments. Yet, inasmuch as the blockchain technology of Bitcoin makes the coin safe, the transaction procedures aren’t always anonymous. Thus, this post will share three tips on how you can use and transfer Bitcoin anonymously.
It’s true that you can protect your online buying and paying which involve Bitcoin. Using Bitcoin in itself isn’t exactly private, as your transactions are generally stored in a public ledger. However, there are ways to mask your transaction history to protect being tracked by crypto-funds criminals.
Let’s get down to talking about the wallet, mixing your coin (a tumbling service which Bitcoin Tumbler offers), and using coin exchanges.
Secure Methods to Use and Transfer Bitcoin Anonymously
The three primary ways to remain anonymous while using Bitcoin include:
Buying Bitcoins from a Coin Exchange
Using a Bitcoin Wallet
This is a big question that everyone interested in Bitcoin needs an answer to. And without mincing words, the answer is YES. Yes, your Bitcoin address can be traced by exchanges, criminals, and the government.
So, what can you do to stay untraceable? Does your Bitcoin address put you at risk? Can leaving your data out there make you lose your coins or get you in trouble?
In reality, Bitcoin doesn’t guarantee complete anonymity. Some companies actually specialize in breaking down the blockchain technology and gathering a list of addresses used for carrying out transactions.
With this knowledge, it becomes expedient that you choose alternatives which provide 100% anonymity as well as security. Bitcoin Mixer is a tumbling service which mixes your coins so that your address cannot be traced. The automation and no log system ensure that your data leave their servers as soon as your transaction is done.
Let’s get more detailed.
How is a Bitco...
A lot of people want to shuffle BTC in order to get the best protection. If you think about it, using this type of approach does make a lot of sense. The last thing you want is to deal with a lack of protection online. That’s where the need for a bitcoin mixer comes into play. It allows you to confuse the trail for your coins. This way you get to keep your money safe without having to worry about someone else tracking them or your personal information.
Most hackers are trying to identify the taint of bitcoin transaction and personal data. You want to avoid any issues as much as possible. But you can’t really do that all the time. Yet with a good approach and focus, you can do that. And that’s the reason why trying to use a bitcoin mixer makes a lot of sense. You can shuffle BTC in no time with such a system and it totally works the way you want it.
How does the bitcoin mixer work?
Follow these simple steps to mix your BTC: