Bitcoin Blender: Empowering Users with Anonymity in Cryptocurrency Transactions
Bitcoin, despite its importance, leaves traces of previous transactions, such as the recipient and sender of coins. This means that anyone who wants to can track you through this data.
When you buy bitcoins and transfer them to other addresses, these transactions become visible and completely transparent. Thus, anyone can find out who purchases bitcoins and where they are transferred. In this case, the services of bitcoin blenders may be useful.
Common misconceptions about bitcoin blenders debunked
Bitcoin blender, also known as “laundries” or “washing machines”, are resources used to remove traces of any transactions. They allow you to mix your coins with other users’ coins to make it difficult to track their origin.
Each cryptocurrency is relatively easy to trace to its owner. In addition, each bitcoin transaction is recorded in a publicly accessible blockchain, which makes it visible to everyone. Therefore, when you buy bitcoins and send them to other addresses, these transactions become visible and completely transparent.
How does a bitcoin blender protect your transaction history?
As a result, any user can track who buys bitcoins and where they are sent. Even law enforcement agencies use this information to detect illegal transactions with cryptocurrencies. Exchange platforms also monitor gambling and trading operations on the “Dark Internet”, since such sites can be used for money laundering.
The principle of operation of bitcoin blenders is that they have their own stock of cryptocurrency, which can be represented as a bitcoin chain. When you send your coins to the mixer, the service mixes them with other coins in the chain and sends you new coins from the beginning of the chain, thereby making it difficult to identify the origin of the coins. In the blockchain, you can track only the coins that go from your wallet to the address of the mixer, but not further.
Bitcoin blenders, unlike exchanges, do not require you to register or provide personal information, except for the recipient’s address. They also do not require proof of identity, but they certainly provide an opportunity to specify the recipient’s address.
You can set up time delays manually during the day. Some servers do not have such a wide range of delays.
Each set of coins can be divided into 8 parts and sent to different addresses with an additional commission. Bitcoin blenders make the process of cleaning coins simple and convenient for users.
The blenders work on offshore servers, which ensures the privacy of users. In addition, after confirming the transaction, you can delete your logs manually using a special link.
Bitcoin blenders charge a small commission for their services. This makes them an ideal option for users who require mixing large amounts of bitcoins.
The choice of a bitcoin mixer depends on you. Do not forget about using these services to increase your anonymity and provide additional protection for your data.