One of the most significant features of cryptocurrencies is by far the anonymity they provide. The blockchain allows users to send and receive Bitcoin without a worry that their transactions are being tracked, despite the constant pressure that was put on the technology by the authorities. However, these transactions may not be as anonymous as people think.
All the transactions are stored on a public ledger, together with the wallet address of the sender and recipient, the amount transferred, and a timestamp. And while they don’t use actual names, this information can still be used to trace it back to a specific person.
Analyzing the transaction history of an account, or looking up their IP address, can make it quite easy to pinpoint who is actually behind a BTC address.
But there are some ways to fix this issue.
Coinomize, a Bitcoin mixer, can help users disguise their Bitcoin transactions so they can achieve true anonymity with the help of coin mixing. Coinomize is the only Bitcoin Tumbler with a mobile android app, being available in 11 languages. In addition, Coinomize offers a 24/7 customer service and they provide users with a Letter of Guarantee for each order.
How does Coinomize work?
Coinomize can anonymize your Bitcoin transactions in 3 simple steps.
- You introduce up to 5 addresses and transfer your Bitcoin to a new generated address.
- The Bitcoin Mixer automatically shuffles your coins.
- Once mixed, Coinomize will send all your clean BTC to your output address, with a delay of your choice between transactions.
Coinomize does not store any logs of your transaction, and they only need one confirmation from the network to start mixing your coins. After 24-72 hours your orders are automatically deleted from their platform, but users can also choose to delete them manually.
In exchange for the service, Coinomize charges a small fee that ranges between 1% and 5%, plus a Miner Fee of 0.0003 BTC.
Your main benefits
True Anonymity. By far the main benefit of using such a service is the real anonymity provided. By mixing your coins between several BTC addresses, Coinomize makes sure that the transactions can’t be traced back to your BTC address. On top of that, the orders are automatically deleted from their platform in 24-72 hours.
Easy to use. The user-friendly platform makes mixing your coins no harder than making a regular transaction. You just have to select the BTC addresses involved and set up your transaction delay and your anonymity preferences. Once you do that, you can just sit back and watch the magic happen.
Conclusion
Bitcoin transactions are not as anonymous as you may think, but services like Coinomize’s Bitcoin Laundry can help you achieve full anonymity for your payments. By doing so, you can make sure that nobody can trace your BTC address back to you, giving them no chance to uncover your identity.
More information about Coinomize can be found on their official website, https://coinomize.biz/.
Media Details: John Miller
Company Website: https://coinomize.biz/
SOURCE: Coinomize
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