Using a bitcoin mixer to preserve your anonymity
For many of us, it is normal to connect our bank accounts to bitcoin exchanges such as Kraken or Coinbase. However, when your bitcoin is transferred from your exchange wallet to a more personal wallet, your identity can still be uncovered.
In spite of the increasing bitcoin control measures, the major question you should try to answer is how your bitcoin holding can be kept anonymous. This guide would help you to understand the process of using a bitcoin mixer to transform your easily traceable bitcoin into unidentifiable digital wealth.
Transforming a traceable bitcoin into an untraceable and anonymous bitcoin is the ultimate aim of a mixing service.
The blockchain technology is publicly available, the transaction trail when transferring bitcoin across wallets can be accessed easily. Although there is no direct connection to a person or group, the source of the bitcoin must have been through a bank account. Your bitcoin history begins from these first transactions from which further transactions can be tracked and monitored.
There are numerous reasons why you may want to conceal your identity if you own an invaluable digital property like bitcoin. Throughout the digital space, there are fraudsters who are constantly looking for their next victim. Globally, regulatory agencies are also enforcing unfair taxes on digital assets. There is constant surveillance of public blockchains by numerous blockchain analysis firms to uncover the link between bitcoin addresses and the identity of owners.
You can rest assured that your identity will remain protected when you use a reliable bitcoin tumbler like Tumbler.io. Making maximal use of their secure service is simple and straightforward.
How bitcoins are mixed
The first thing is to hold your bitcoin in a wallet in which the private keys belong to you. Then visit Tumbler.io and follow these steps:
- Downloading a trusted VPN service is necessary, then your bitcoin can be deposited into the non-reusable address. Take note that the address provided would be valid for 24 hours and can only be used for one deposit. After the expiration of the 24-hour period, the address cannot be used again and if you attempt to make a bitcoin deposit, it would be transferred back to you.
- Write down the exclusive code provided after the deposit was made. This code is proof that the coins that would be sent back to you are actually anonymous.
- Wait till the process is completed then transfer your bitcoin. Tumbler.io provides an approximate time for your bitcoin to be delivered. If it happens that the waiting period is extended, then it should not take more than 72 hours before the process is completed.
Your private bitcoin has been sent. Once the process is complete, there is definitely no connection between your old bitcoin and the fresh untraceable bitcoin that was sent to you. Using the simple and secure mixing service provided by Tumbler.io guarantees that your bitcoin wealth is protected from strict regulatory authorities and any third party.
How safe is bitcoin mixing
The present wave of digitalization birthed the invention of digital coins including bitcoins, there is an increasing change in the way transactions are made by the regulator, individuals, and various institutions.
Initially, the popular use of bitcoin was antagonized by banks and authorities. So what brought about the radical change? This may be because they became aware that it was possible to trace bitcoins and also impose taxes on bitcoin transactions. This may be detrimental for bitcoin owners because even if there is an increase in their bitcoin wealth, regulatory measures are being taken to deduct a substantial amount from their earnings.
Due to this, the only reliable way of protecting yourself from these limitations is by using bitcoin anonymously. Although bitcoin holdings and transactional history are recorded on Blockchain’s public ledger, your bitcoin earnings can be effectively concealed using the bitcoin tumbling service at Tumbler.io.
Ensuring safety while using Tumbler.io
Improving your overall experience when using the mixing service at Tumbler.io is the main goal of the organization. Extra measures are put in place to ensure that users do not have to provide private details and to erase all forms of mixing records on the platform completely within 24 hours. Their customer care services are available 24/7.
Using the mixing service provided by Tumbler.io guarantees that fresh and untraceable coins would be sent back to you after the mixing process is complete. While making their order, users are sent an exclusive code to confirm the anonymity of the bitcoin.
The non-reusable address can only be used for 24 hours before it is rendered invalid. If additional bitcoin is sent to the address after the expiration of the window period, you can be sure that it would be transferred back to your account by Tumbler.io.
The entire process of mixing bitcoin is handled efficiently by Tumbler.io, so the customer only has to anticipate the arrival of their cleaned and untraceable digital coins.
The reasons why mixers are not used by some bitcoin users
Bitcoin mixers have been proven to be simple and secure, however, many bitcoin users still choose not to use them. One of the commonly stated reasons is due to a passive attitude and insufficient knowledge regarding the regulatory measures that may be enforced in the future.
Customers who have decided to use the mixing service provided by Tumbler.io have no reason to be concerned with regulators or any other third party, whether now or in the future, since they understand the importance of taking appropriate protective measures.
Disclaimer: This article is not intended to provide financial advice or promote the use of Bitcoin and other cryptocurrencies. Its main purpose is to inform, explain, and educate. Readers must make their own decisions regarding the use of such services.