Do you want to find a reliable crypto mixer to guarantee the anonymity of your crypto transactions? One more decent competitor has joined this market this year and now it is possible to make tinted coins clean on BitcoinMixer.org. Since the service is a new one, it is important to understand what it offers to clients and how it can stand out among other competitors in this sphere. You will agree it would be great to find a trusted mixing service with low fees and several interesting features. Is BitcoinMixer.org one of them?
Look: this article will tell you all the basic information about BitcoinMixer.org to understand if this tumbler is worth your attention.
What is BitcoinMixer.org?
Bitcoinmixer.org is an online platform that offers Bitcoin mixing services. It breaks the connection between the sender and the recipient’s wallet address to prevent the traceability of this transaction. It allows taking the anonymity level of BTC transactions to a new level and makes it impossible to hide your transactions that are usually visible in the blockchain.
How Does it Work?
Bitcoinmixer.org has a pool that includes coins of other users as well as coins of the mixing service. When a person wants to clean tainted coins or prevent the possibility of tracing his transactions through the blockchain, he sends a certain amount of coins to the service. The last one accepts these coins, adds them to the general pool, mixes them with other coins for a certain period of time (usually the time of delay indicated by a user) and delivers clean coins to one or several destination addresses provided by the customer. All this is done for a small service fee which is taken from the total amount of cryptocurrency.
When a user looks for a blender service, he usually considers what features it has. In fact, BitcoinMixer.org has several important things to mention:
- No registration required
It is enough to open the website and press the ‘New mix’ button to start the process.
- Multiple addresses
When you enter the final address to deliver mixed coins, it is possible to distribute them among up to 5 wallets.
- Instant and delayed transactions
In comparison with many other tumbler services, Bitcoinmixer.org guarantees almost instant transactions if you select this option placing the order. However, many experts and the service itself recommend selecting a delay time up to 24 hours to improve privacy. It is possible to select 1, 2, 4, 6, 8, 16, and 24-hour delay if you wish.
- Mix ID
Every mix that is performed on Bitcoinmixer.org gets an ID number. It is provided with the goal to let users check the mixed-status or to restore the mix in case of the browser crash after funds deposit. A user can enter the ‘Mix status’ section on the website, enter the ID and see what happens with his coins at the moment.
- Minimum confirmations
One of the most annoying things during the mixing process is numerous confirmations users should wait until the mixer processes the funds. Bitcoinmixer.org has solved this problem asking only for 1 confirmation if you mix amounts under 20 BTC. If your Bitcoin amount to mix immediately is bigger, you need to wait for 6 confirmations.
It is quite predictable that BitcoinMixer.org will get a big number of clients since its fees are very competitive. In fact, you should pay a service fee of 0.25% from the total amount mixed and a transaction fee of 0.000001 BTC for every destination address to send Bitcoin to.
The smallest amount accepted by the platform for mixing is 0.0002 BTC. If you try to send less, these funds will be accepted as a donation by the platform.
BitcoinMixer.org features no logs policy. There is no need to register on the service or provide any personal data to complete the transaction. Moreover, all the information about the mix can be deleted by the user manually immediately after its completion or it will be automatically erased from the server after 7 days.
How to Mix Bitcoins using BitcoinMixer
Even a child can cope with the mixing process on BitcoinMixer.org. It is necessary to complete the following steps:
- Press the orange ‘New Mix’ button.
- Enter the recipient’s wallet address or several of them by clicking the ‘Add Address’ link below the box.
- Choose the delay time (from instant to 24 hours).
- Write down or copy the Mix ID.
- Send the amount you want to mix to the address generated.
- Wait for your coins to be mixed.
- Receive your clean coins to one or several destination addresses provided.
There are situations when users need help and BitcoinMixer.org is happy to provide it to its clients. If you have any questions or face some issues, you can contact the service representatives filling out a special form. It is necessary to provide your email address, mix ID, and write the text of your message. Customer support promises to respond to your inquiry within 24 hours.
Despite being a new tumbler service launched only in December 2019, BitcoinMixer.org has already found its first clients and received the first reviews from them. The main incentive for that was a bounty program launched by the service with a $10 reward to everyone who would mix Bitcoin there. Fortunately, these efforts were successful and these reviews have confirmed that BitcoinMixer.org is a trusted blender service and can be used for mixing coins by everyone.
As fall rolled around, LocalBitcoins, a Finland-based P2P bitcoin marketplace, prepared a rather unwelcome surprise for its users. Following the changes in the Finnish legislature, they had to tighten the rules concerning user verification. Sure, LocalBitcoins hardly had any choice in the matter. And yet many of its users frustrated by major inconveniences are already searching for a better LocalBitcoins alternative.
There is no such thing as too much publicity, if you ask me. Not when you are trying to put your ideas and products out there, anyway. Out of all the ways to do that, Telegram marketing is relatively new. And there’s a lot of potential too.
Wallets are as crucial to bitcoin trading as the coin itself. Get a wallet that doesn’t have the right features, and you’ll find yourself struggling to make the transactions you need. Find a wallet without appropriate security features, and you‘ll find yourself without coins. Lose your key, lose your stash.
With bitcoin wallets being such an integral device to bitcoin trading, it’s surprising that we don’t give them more thought. Wallets have come a long way since their advent, but it hasn’t stopped the original premise from being an important platform that many users still use today.
There are so many nuances to bitcoin trading that may not necessarily enjoy the respect they deserve. Specifically with traders who are new to cryptocurrency and bitcoin wallets. Using ready-made trading platforms like Bitvavo, a company dedicated to making bitcoin trading accessible to everyone, with integrated bitcoin wallets might be the way to go. So isn’t it wise to know a little bit more about where wallets have come, and how far they have yet to go?
Such a Qt
In 2009, The Godfather of bitcoin, Satoshi Nakamoto released the first bitcoin wallet in existence. The full client software required that users download the entire blockchain history in order for the wallet to work correctly. While this wasn’t such a big ask in the early days, the current bitcoin blockchain is rapidly approaching 250 gigabytes of data.
Mean that without a supercomputer, full client applications would mean massive storage requirements and semi-ridiculous sync wait times. The first wallet, coined “Bitcoin-Qt” was actually pretty cute. Simple in design, limited security features meant that the wallet’s private keys (the codes used to open and operate the wallet) were stored on the user’s desktop. A practice that proved disastrous for many. Essentially leaving open access to the wallet to anyone that knew how to look, or who had the right malware. It also caused some trouble for users who accidentally deleted the key file during routine desktop maintenance.
For wallets, keys are literally access to your kingdom. Without them, you lose all access to any of your funds, and often, this loss is irreversible. In fact, a recent estimate suggests that over 3 million bitcoins have already been lost. Largely due to the difficulties and ineffectively of older wallets. Despite the problems that many users had with Bitcoin-Qt, the wallet was surprisingly secure for the knowledgeable user, with the option to create a fully encrypted backup.
Forks Over Knives
Despite the early success of Bitcoin-Qt, overall functionality was found sorely wanting compared to the wallets available to today’s users. Makers tinkered with the Qt, enabling advanced features like address books and digital signatures for transactions.
Feeling like not only the functionality of Qt could be improved, but also the name, developers continued added forks to the original design, and dubbed the newly functional Qt “Bitcoin Core”. Which is still available for use today. Demand for the Core wallet still remains strong, offering high levels of security, privacy, and stability. But, not quite enough has changed in the program to make it a realistic choice for newer traders. The core wallet still requires near expert knowledge of technology, as it has few features and requires a mass amount of space and memory.
By 2014, bitcoin was becoming more and more popular, engaging users of all levels of expertise. By 2017, security concerns had heightened as interest in bitcoin piqued and multiple wallets per user became the norm.
Now, anyone user can be found to use all sorts of wallets to keep their coins safe, offline, or under the radar of government restriction. Online, offline, hot, cold, burner and paper wallets are all common forms that a multitude of forks have produced. Trying to keep up with client needs and at the same time securing finances against ever clever hackers and malware.
Moving the Platform
While most clients are concerned about losing coins in poorly timed transactions, or to malware, it’s rare that they actually worry about user error. Which accounts for a large number of the bitcoins that have already been lost. Essentially, if you’re new to bitcoin and haven’t yet reached an expert level in computerized technologies, a reputable trading platform is often your best bet to get started. Bitvavo is one such platform that offers these services. Choosing a trading platform that offers all-inclusive features for trading, purchasing, and storing your bitcoin often reduces the hassles that new users experience.
As users become more familiar with the process, software, operating systems, and crypto market itself, they’re encouraged to branch out and explore any of the multitudes of wallet options that are currently available. Does this mean going back to the ever-present bitcoin core? Maybe, but only time will tell.
One of the most frequent questions we get here at Monfex is whether to hold or to trade cryptocurrencies. It’s not enough to just advise people to get on to the Bitcoin train without telling them how to conduct themselves. It’s pretty much like telling people to get aboard a ship without giving them a clear idea of the destination. People want to know if it is wise to just cut their losses and trade Bitcoin after a price drop, or hold on to the asset hoping for a strong movement north in the near future. We make it extremely easy to both buy and trade here at Monfex.com, so this question is squarely in our purview.
Is gambling your passion? Never refuse from playing casino games if you enjoy this activity. However, the choice of the platform must be a reasonable one. Today, we will focus on the BitCoin casino called Bitstarz. This platform attracts thousands of players from different countries on a daily basis, but there are still people who doubt if they should deposit funds and make bets at this casino.
Do you look for a platform to buy cryptocurrency? Each of the online crypto exchanges has its benefits and drawbacks. Moreover, the number of platforms that offer to buy digital coins is growing incessantly and recently, a new player has joined this market. Switchere.com is one more website where people can buy cryptocurrency with a credit card. You will agree that it may be risky to use an exchange that has been established quite recently. Therefore, it would be reasonable to check all the features of this exchange before making any conclusions.
Do you need to buy Bitcoin in Canada? There are not many exchanges accepting people from Canada, but with the establishment of the MyBTC.ca platform, it has become very easy to get the most popular cryptocurrency in Canada. You will agree that it is necessary to find a reliable and trusted crypto exchange to accept the Canadian dollar and it can be a challenging task.
Are you thinking of mining BitCoin yourself? There is hardly any better way to do that than join the best BitCoin pool operating nowadays. It is a great way to try crypto mining anytime using hardware possessed by a person. Every user can join an active pool and get profits from mining depending on hashing power produced. You will agree that group mining may be much less rewarding for a user, but it is important to remember that the number of blocks mined and the frequency of successful operations are bigger, so there are high chances to get regular payouts mining with others. Look: this article will tell you about 12 best BitCoin mining pools to consider which platform is worth your investment and time.
Do you need a reliable Bitcoin broker? Trading Bitcoin can be not only an exciting but also rewarding pastime. Therefore, it is necessary to find reliable brokers that trade cryptocurrency and provide users with an opportunity to earn on investments made. You will agree that with the growing popularity of cryptocurrency, the number of platforms to trade on increases too.