Thursday, 14 March 2019

Shuffling the cryptocurrency for more security

Do you know about bitcoin? Most people get to know about bitcoin in 2018 when they news was out. After that a lot of transaction started to take place and now people are keener to know about the details of cryptocurrency and the way in which it operates. If you are familiar with cryptocurrency then you must also know about the mixing of this currency. The objective behind mixing the currency is to become more anonymous over the internet and secure the transaction to make it secure. While selecting the coin mixers, you should be very specific because not all the mixers work well with all the cryptocurrencies. If you are dealing in a non-famous currency then you should also find a specific btc mixer. There are a number of currencies in which transactions are taking place over the internet and these include bitcoin, bitcoin cash, ethereum and litecoin. 

How the mixer bitcoin works?
There are different mechanism through which these mixers operate but the most common way is to change the address. The service provider would change your address by sending your money to other people and in turn sending you their money. This is not a one to one exchange, in fact all the money is gathered as a pool and then mixed together before it is disbursed to the parties again. You get exact amount reduced by the fee of eth mixer. This makes the coin untraceable because there are many people involved in the transaction now and the coin you are using over the internet are not actually the coins that you earned or bought before.  This makes the transaction absolute anonymous because your coins are now at several destinations and the coin you used are also from different people. For more information visit website #www.coinmx.io

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