Bitcoin Mixing Helps You Trade Anonymously, But Can Also Help Criminals

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Bitcoin mixing is a way for you to trade Bitcoin on a peer to peer network while remaining anonymous, which the original asset doesn’t necessarily allow you to do.

It does so in a way that’s exactly what it sounds like: it mixes Bitcoins so the wallet address the asset is coming from cannot be traced. Generally, just like with a Bitcoin or altcoin transaction, the entire process is automated, with no need for humans to get involved. This is an even better way to assure your anonymity, as no human ever takes a look at what you’re doing.

Remaining anonymous is a great way to trade Bitcoin, as you not only don’t have to worry about governments overlooking your activity, but there’s also no way for hackers to do so either.

However, it’s important to note that there’s a dark side to Bitcoin mixing in that it can be used by those looking for other illegal activities. However, most companies have policies in place to prevent that sort of thing, ensuring that only those who need the service for legitimate reasons can use Bitcoin anonymously.

Regardless, those who use Bitcoin simply as an alternative asset or form of investment should have no problems using a Bitcoin mixer like, say, BitcoinMix.org. This platform allows users to anonymously trade both Bitcoin and Ethereum, ensuring they aren’t traced and can act as they wish.

Remember, all trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.

About Max Moeller

Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend.

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