Why is it Important to Mix Your Bitcoin in 2020?


Bitcoin is often mistakenly seen by the mainstream and non-crypto users as an anonymous currency. It's not. Every transaction you make, and the amount in each of your wallets, is public information that can be easily accessed by anyone using a blockchain explorer. Most people buy their Bitcoin on exchanges these days, and exchanges follow ever more strict KYC protocols, requiring users to upload images of their IDs to make an account. When you buy Bitcoin from one of these exchanges, your Bitcoin is associated with your name from the moment you purchase it, and can be traced by blockchain analysis through every subsequent transaction. If you wouldn't want the world to be able see your bank statements and entire financial history, you should be concerned about the privacy of your Bitcoin.
That's where anonymix comes in. We take your coins and mix them with those of other users before sending you back completely different Bitcoin to a new address. This breaks the chain of your transactions and makes it impossible to tell whether the new coins you receive belong to you or not. You may have many reasons to mix your bitcoin; these are the most important and common reasons to use a bitcoin mixer.

1. You want to stay anonymous online
Blockchain analysis is getting ever more sophisticated,  and simply using Bitcoin to provide cover for your online transactions is no longer enough to truly protect your identity. Making frequent use of a Bitcoin mixing service ensures that your Bitcoin can't be associated with your real life identity even if you originally purchased it on an exchange with KYC. For security reasons and as a matter of principle, anonymix advises that it should not be easy to access your personal financial information.

2. You value your privacy
Bitcoin is great, but the transparency of the Blockchain ledger presents some unprecedented challenges in a currency if you want to protect your financial information. For example, if someone pays you in Bitcoin, they can use your public address to see how much is in the wallet that they paid into. Are you comfortable with that? Stay secure by mixing your bitcoin before moving it into cold storage.

3. You want to avoid attracting hackers
Many people lose their Bitcoin to advanced scams. Hackers can use your wallet information to gain access to your funds if you don't practice security protocols such as mixing your coins.When you use a Bitcoin mixer, you can send the mixed Bitcoin to a new wallet, which will make hacking your assets a lot harder since the hacker’s won’t be able to follow the mixed coins to the new location.

Anonymix is here to help you protect the security of your Bitcoin by offering you fast, easy Bitcoin mixing at competitive rates. We believe strongly in the principles of privacy and individual freedom, and our mixer is a tool to help you maintain both. Keep your transactions secure and anonymous by using our mixing service regularly and check this blog for more tips for online privacy for your crypto funds.