The debate about choosing anonymous cryptocurrencies over Bitcoin mixing services is a major one. Know why? Many people believe anonymous cryptocurrencies are private and cannot be intercepted by hackers or criminals.
However, Bitcoin mixing has been proven to provide the highest level of anonymity and security. The increasing popularity of Bitcoin makes mixing services the better alternative when trying to cut down on transaction fees and make anonymous transactions.
In reality, Bitcoin is the most popular cryptocurrency in the crypto space. Hence, we recommend Bitcoin Mixer for all your Bitcoin tumbling transactions. Not only is Bitcoin Mixer easy to use, fast, and reliable, it also guarantees you a no-log system and no retention of personal data. Equally, it runs on automation, thereby strengthening the algorithm.
Let’s break down the big terms so you’ll understand why you should mix your Bitcoins instead of considering Dash or Monero.
What are Bitcoin...
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...