Bitcoin mixer (also very often called Bitcoin tumbler or Bitcoin blender) is a service designed for anonymization, with the help of which one can prohibit transaction tracking in the Bitcoin network. Usually, bitcoin mixer is a site that accepts users’ coins and mixes them with other people’s coins. The coins are split into lots of little pieces, then combined in random order with the parts from other users.
Let’s dig a little deeper into the subject of these blenders to understand how to use them, what kinds of them exist, and what the downsides (risks) are. Let’s get started!
Types of Bitcoin blenders
There are two types of tumblers – centralized and decentralized.
Centralized
This is the first generation of mixers; their distinctive feature is that someone entirely owns them. It can be either an individual or an entire company. Such services are simple and easy to use, but they charge a reasonably high service fee of about 3-5%.
In addition, consider the possibility that the administration of these mixers can save logs (for example, for debugging), which may become available to unauthorized persons and thereby violate your anonymity. But that’s not the most significant danger. There is always the risk of getting caught by scammers who will take your cryptocurrency and not give it back.
Decentralized
Decentralized scammers operate on a completely different principle: third parties do not manage local transactions. Instead, smart contracts take on their role. This acts as a guarantee of participants’ anonymity since no logs will be recorded.
The only serious disadvantage of decentralized platforms is that they are technically more complicated, making it difficult for newcomers to understand them. Another essential condition for decentralized Bitcoin blenders to work effectively is that they must be used by many clients regularly. Otherwise, they will have to be shut down.
Cryptocurrency
How do I choose a Bitcoin blender?
We have analyzed many different blenders and were able to identify the most critical conditions and signs of a truly quality service:
- High speed of work.
- Low commission.
- No need for registration and verification.
- Lack of logs.
These are the main factors you need to pay attention to.
Cryptocurrency mixers for smartphones
If you are an active iOS or Android user and don’t like to sit at a PC but are dense with cryptocurrency, then we can make you happy. Some sound mixers can be used from smartphones and tablets, and an example of such a service is YoMix.io. Moreover, this site also has some of the lowest commissions available, and you can customize them yourself.
Users of cryptocurrency mixers often have various questions due to inexperience. Another advantage of good services for mixing BTC and other currencies is that they have FAQs and help their clients to understand the question in every way. For example, a frequent question on almost every good cryptocurrency blender’s blog is, “What is the minimum number of coins I can mix?”.
You can mix as many currencies as you want – yours and yours alone. Cryptocurrency mixers are an excellent and valuable thing. But their choice should be approached with a specific responsibility. If you mix currency on YoMix.io, you will go right.