A bitcoin mixer is an application or site that accepts users’ coins and mixes them with the coins of other users. It happens in accordance with a given algorithm: coins are split into many small parts, and then these shares are randomly mixed with shares that came from the other users. As a result, the addressee receives exactly as much money as needed, but this amount will consist of many pieces that previously belonged to unknown participants.
Despite the fact, that these programs were also used for illegal purposes, they are used by those who want to protect themselves or hide the fact of owning cryptocurrency from intruders
How to choose the best bitcoin mixer?
To protect your funds from fraud and additional anonymization, it is recommended to find a suitable mixer. The service must meet the following criteria:
- Fully automatic operation without operator intervention.
- Transactions must be executed exclusively in a randomly assigned order and with random breaks. The use of deferred transactions is not allowed.
- Use of exchanges. Only the use of exchanges helps to guarantee the receipt of new coins with a transparent history.
- Lack of web analytics. A mixer connected to third-party services and collecting cookies is not known to be anonymous. If ads, live chat, or user statistics are detected, it makes no sense to mix on the service.
According to these facts, BitMix https://bitmix.biz/en can be recommended as the best one. This service has been successfully operating since 2017 and has a large number of positive customer reviews and many mentions in the media. BitMix does not collect or store any personal information, and transaction data is completely deleted after the user receives clean coins. Mixing takes place automatically. The minimum amount accepted for mixing is 0.05 BTC, the maximum is 1000 BTC.
So, additional services should be used to ensure sufficient confidentiality and obfuscate the traces of transactions.