The advent of cryptocurrencies, such as Bitcoin, has revolutionized the way we transact with each other. While these digital assets offer a safe and fast way to complete transactions, they don’t guarantee complete anonymity.
A highly motivated hacker or Law enforcement agencies could trace your records, leaving you exposed and vulnerable. Fortunately, BitMix provides an effective solution for those seeking anonymity when making crypto payments.
This platform combines each transaction with a host of other simultaneous transactions, making it impossible to trace any single transaction back to its originator. This article will explain how you can use BitMix to achieve anonymity when making cryptocurrency payments.
What is BitMix?
BitMix was established in 2017 and has been helping users protect their privacy when using BTC. It is a tool that enhances the privacy of your Bitcoin (BTC) transactions. It works by mixing your BTC with those of other users, making it difficult to trace your BTC back to your original identity. Not only does this Bitcoin laundry support Bitcoin (BTC), but it also supports Litecoin (LTC) and Dash (DASH).
How does it Work?
BitMix is a simple and efficient way to obscure the origin of your Bitcoin. It does this by shuffling and “cleaning” your coins, making it difficult to trace them back to you.
Using BitMix is straightforward: fill out the form on the website, send the desired amount of BTC to the address given, and BitMix will handle the rest. A pool of “mixed” coins is already available for use, so you can start using the service immediately.
It automatically shuffles your coins by mixing them up with someone else’s cryptocurrency in a central account, releasing a new set of coins gathered from random addresses. With this method, users receive the same amount of bitcoin they had sent minus the service fee – plus so much more peace of mind!
BitMix ensures complete anonymity when transferring funds. This means no traceable links between the sender and receiver. All transactions are also encrypted for extra security.
With its fast transaction times and affordable fees, it’s no wonder Bitcoin Blender is becoming more popular with cryptocurrency enthusiasts looking for extra protection when making their transactions online.
Features BitMix Offers
The core benefit of using a Bitcoin mixer is achieving privacy and anonymity for your coins, protecting them from hackers and surveillance that could expose them to unauthorized parties. The platform does not require personal information during transactions, such as addresses or names.
One of the salient benefits of using BitMix.Biz is its commitment to user privacy, as the platform doesn’t keep any records or logs of its user’s activity and thus has no traceable information about its visitors.
Furthermore, to enhance the privacy and anonymity of transactions, the Bitcoin tumbler at BitMix.Biz only keeps transaction details for 72 hours at most unless prompted by the user to delete them right after the transaction.
Support for Various Cryptocurrencies
When it comes to mixing services, Bitcoin usually gets all the attention. But, BitMix.Biz knows that other cryptocurrencies need privacy too; that’s why they have included support for coins like Dash and Litecoin. And the good news is that the company is not stopping there; they have plans to include even more coins in their platform in the future.
You can access the platform in various languages, including English, German, Chinese, Dutch, Korean, Portuguese, Russian, Indonesian, Polish and Hindi. It’s like having your own multilingual personal genie who understands your privacy needs and speaks your language.
BitMix offers a fast and seamless way to transfer your digital assets to their respective addresses. The process is straightforward; all you need to do is to confirm your transfer request with a quick message.
And just like that, you will instantly transfer your coins to your designated addres. But that’s not all; what makes BitMix truly special is that it holds mixed coins in its reserve, so you can be sure that you will receive your coins instantly in full amount and with anonymity.
A Guarantee Letter
BitMix is committed to providing the highest level of anonymity and security for your crypto transactions. But not everyone is tech-savvy, and it’s hard to know if you’re on the right track.
That’s why BitMix has come up with an easy and effective solution. When you submit your coins to the platform, you will receive an address or location where your Bitcoins will be sent.
This address is digitally signed by the BitMix server as a sign of authenticity and a guarantee that your transactions are safe and anonymous. With BitMix, you don’t have to worry about the technicalities of your transactions, all you need to do is to follow the address provided, and your coins will be in good hands.
Customizable fee options
If you’re a cryptocurrency holder, you may have wondered how attackers can get past tough security measures and steal your digital assets. One way they do it is by using the public ledger book, which records all transactions. Attackers can use tools to analyze this information and easily steal your coins.
But, BitMix.Biz has a solution that can help you protect your assets. You can set a custom fee between 0.4% and 4%. Doing this makes the transaction difficult to trace, making it much harder for attackers to target you.
Support for Randomized Option
BitMix.Biz is constantly innovating to ensure user transactions are as secure as possible. One of the ways it does this is by offering the randomized option, an extra layer of security that makes it even harder for anyone to trace your transactions. This feature allows users to receive 2 or more transactions for every output address.
The randomized option makes it challenging for anyone attempting to track transactions on the blockchain. To utilize this feature, users are required to meet the minimal payouts for their output address.
Choosing to enable this option will come with some changes to the minimum mixing amount and fees:
- The minimum amount required to mix will increase. For Bitcoin, it will go up from 0.005 BTC to 0.1 BTC, 1.0 DASH for Dash, and 1.0 LTC for Litecoin.
- You will be charged the transaction fee twice. For Bitcoin, this means an increase to 0.0003 BTC per output address.
- The fee paid to BitMixer will vary but will not exceed 1%.
Code for Locking Previous Coins
BitMix places a strong emphasis on security and transaction anonymity and has implemented a unique code that customers receive after every completed transaction.
This code ensures that BitMix will not use the same amount of coins in future transactions, making it impossible for any attacker to track the destination of the transactions through analysis of the blockchain.
Multiple Output Addresses
With BitMix, you can split your mixed coins between up to 5 destination addresses. You can choose any percentage combination that you prefer for the split.
To use BitMix’s mixing services, there’s a minimum amount requirement that needs to be met per output address, which is 0.005 BTC, LTC, or DASH. If you’re looking to use all 5 available destination addresses, then the minimum amount you’ll need to mix is 0.025 BTC, LTC, or DASH.
Additionally, you will be required to pay a transaction fee, also known as a miner fee, for each output address you add.
- Bitcoin (BTC) Fees: Ranges from 0.4% to 4% + miner’s fee of 0.0003 BTC per additional output address
- Litecoin (LTC) Fees: Ranges from 2% to 20% + miner’s fee of 0.0003 BTC per additional output address
- Dash (DASH) Fees: Ranges from 0.4% to 4% + miner’s fee of 0.0003 BTC per additional output address.
BitMix operates with several pools of mixed cryptocurrency. Setting a higher fee increases the chance of receiving cryptocurrency from investors or trusted exchanges. Regardless of the fee you set, you will always receive cryptocurrency that is not linked to you.
What is the Minimum Amount that you can Mix on BitMix?
BitMixer has a specific minimum and maximum limits for mixing:
The minimum amount you can mix is:
- 0.005 BTC
- 1 LTC
- 1 DASH
If you try to mix an amount lower than the minimum for any of the supported cryptocurrencies, it will be treated as a donation, and you will not receive any mixed coins in return.
Although the exact volume the service handles is not publicly disclosed, previous experiences with the mixer have shown that it can mix up to 10 BTC without any delays.
Is BitMix available on TOR?
For enhanced privacy, you can access this service through the TOR network.
Does BitMix keep logs?
The service asserts that it does not retain any logs and that no personal information is stored on its servers.