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Initially, Bitcoin transactions were said to be anonymous and completely private. Bitcoin is considered a payment method that cannot be tracked down. But instead, information about Bitcoin transactions is open to third parties. But what if you want to make a completely anonymous Bitcoin transaction? Well, this is where the concept of Bitcoin mixers comes into place.
Bitcoin mixers are pretty helpful when you want to protect your privacy and hide where your transactions are going.
However, this is still a pretty new concept to many. So if you are wondering what it is, here is an explanation:
What is a Bitcoin Mixer?
A bitcoin mixer or tumbler is an external service. It is basically an internet platform that offers you the mixing service for your coins.
The service mixes different streams of cryptocurrency and anonymizes it. As a result, you get to gain complete privacy of your transactions and funds. Because Bitcoin mixers make it hard to trace the transaction.
Also, in today's time, bitcoin mixer services have become a necessity. Since almost all the crypto exchanges now require your personal documents to prove your identity. As a result, your tra