What is a Bitcoin Mixer?
A cryptocurrency mixer, or bitcoin tumbler, is an intermediary platform that sits between you as a sender and the recipient during a transaction. By obfuscating your digital trail and breaking the link between your address, bitcoin mixers allow you to maintain privacy in the world of cryptocurrencies.
As the popularity of cryptocurrencies grows, concerns about privacy and anonymity continue to rise. Bitcoin in particular is notorious for being used for illicit activities like money laundering and terrorism financing. As a result, users of cryptocurrencies, especially newcomers to the space, are keen to understand how to protect their financial transactions and identities. This article is intended to help by introducing readers to the concept of crypto mixing, a common method for obscuring transactions in the blockchain, and some of the most reliable and secure bitcoin mixers available on the market.
There are several types of mixers on the market, but all work in roughly the same way. When a user deposits funds into a mixer, the service then collects and mixes those funds with those of other users, jumbles them together, and redistributes them randomly to many output addresses. When the user withdraws from the mixer, they receive the jumbled coins from these other addresses along with their own original input, minus a fee charged by the mixer.
Depending on the type of mixer, different security and functionality features may be offered. For example, some services (such as Bestmixer and Yo!Mix) offer instant mixing when applicable, and some offer a number of extra features to increase anonymity, such as support for TOR and multiple outgoing address options.What is a Bitcoin Mixer
