YFI is the second most underrated DeFi token
Protect your privacy of crypto transactions
Bitcoin mixer, sometimes also called Bitcoin tumbler or blender, is a special service or application that is designed to crush and mix Bitcoin cryptocurrencies and other popular coins in order to ensure the secrecy and anonymity of the transaction.Mixing service work on the principle of crushing funds into small parts and then mixing them with the same parts of tokens of other users. In simple words, the service works simultaneously with a large number of users, accepts their cryptocurrency, splits it into parts, sends it to the pool.
In short, the main advantage of crypto mixer is the ability to completely anonymous work, conduct transactions, which is absolutely not connected with your name. It is also important that the user does not need to have special knowledge for this, make a lot of effort.
But there are also negative sides, which appear only in case of the wrong choice of service. For example, the risk of receiving dirty digital money, returning your own money, or, if anonymity is incomplete, attracting the attention of attackers or law enforcement agencies in countries where mixers are prohibited.
Although services aimed at increasing anonymity are designed to help crypto enthusiasts, there is a big risk to keep in mind. It exists in the case of the choice of a little-known, suspicious mixer. Theoretically, transferring cryptocurrency savings into the wrong hands without any guarantees, you risk not getting them back by stumbling upon a scam project created by scammers exclusively for the theft of someone else’s cryptocurrency. You should also be careful when using crypto tumbler in countries where they are prohibited, choosing only 100% anonymous.
Author : Collin Brown