When the price of Bitcoin rises, purchases accelerate, new investors are born and doubts are created, the biggest doubt is the risk of Bitcoin itself. There is fear of its devaluation and fear of how to save it. We will delve into a way of its conservation, since the devaluation will never be in our hands.
Today we are going to talk to you about a way that many users begin to use, it is the formula of mixing their bitcoins. If you are a user who does this task manually or simply do not know it yet, it is interesting that you know that there are tools such as BitcoinMix.org which can make your life easier. Here we are going to give you the top five reasons why it is good to combine your bitcoins.
1. Mixing bitcoins makes you anonymous
In the Bitcoin Network the transactions are open with which anyone who is interested in the movements they have made can look at the accounting book of the cryptocurrency and know its transaction history. They can thus find out the money you have in your Bitcoin wallet and where the purchases come from. Which means that all the past transactions you have made are available for anyone to examine. This may not be a good setting for anyone who values ??their privacy. Mixing your bitcoins by interlacing them with other crypto wallets keeps your network anonymous.
2. Mixing bitcoins keeps hackers away
One of the biggest threats to the owners of bitcoin and other cryptocurrencies is hackers, for example the company Bitcoinmix.org what it does is move BTC from its usual electronic wallet to another after mixing the coins, creating a difficult framework to follow , increasing the security barrier by hindering the prying eyes that follow the movements of your assets.
You may have heard of malicious threats like "dusting" and "clipperboard" attacks, the lower your profile and the more discreet it is the less it will attract the attention of hackers.
3. Mixing bitcoins safeguards your privacy
When you use for example an exchange, as a rule you have to do a KYC with it many blockchain analysis companies easily track the identity of the owners of various wallets and the transactions they made, so anyone can know the BTC it owns, therefore it is possible to mix bitcoins every time it interacts with an exchange.
4. Mixing bitcoins prepares you for unfavorable regulations
Cryptocurrency regulation is a gray area, it is not known how they will be regulated in the future, many governments still do not understand their operation or are capable of creating relevant laws to govern them. The main challenge is its decentralized nature, however, some governments have tried to prohibit or restrict its use. If your government goes anti BTC perhaps it is better to use Bitcoinmix.org, if for example you need crypto assets for another country.
5. Mixing bitcoins protects you from criminals
There have been extreme cases of kidnapping or even murder due to criminals 'knowledge of individuals' possession of digital assets. They were people whose identities were exposed since they had large amounts of cryptocurrencies and could be using them in an unconscious way. Therefore, it is better not to expose the net assets to strangers.
