What is bitcoin mixing? Why should i mix my coins?

At first sight, Bitcoin seems anonymous. In order to open a wallet, you don't need to use your name - instead, you're given a public key and that's it, right? Wrong.

Rather than being anonymous, Bitcoin is *pseudonymous*. This is an important distinction to make because your privacy depends on it. As the cryptocurrency community matures, it appears that more and more users are waking up to the reality that coins like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are all traceable.

The reason for this is in the nature of the blockchain. Blockchains are essentially ledgers that keep an ongoing, permanent, and immutable records of events. This means that any transaction you have ever participated in has left you vulnerable because the other party in those transactions now knows the address of your wallet, its balance, and can trace back the origins of your coins. Besides making you an easy target for cybercriminals, it's possible that coins you've received have ties to illicit activities in transactions prior to those you were involved in.

Why should this concern you? Because there are many people apart from criminals who may be looking at your publicly available cryptocurrency transactions.


Law Enforcement Agencies and Governments
In the event that you or your cryptocurrency wallet fall under the suspicion of a law enforcement agency, your cryptocurrency movements can be easily traced and tied to back to you.

If coins that are under your possession are suspected by law enforcement agencies of having been associated with a suspicious wallet or website previous to your ownership of them, you may have to forfeit those coins in an ensuing investigation. Because governments are working hard to draft cryptocurrency taxation laws, many law enforcement agencies around the world are already keeping tabs on who owns what, so as to control and tax your cryptocurrency income when the time is right.

Also troubling is the fact that your real, offline identity is likely already tied to your cryptocurrency wallet. This is because the financial gateways used to buy cryptocurrency in the first place are, by law, made to adhere to KYC (know-your-customer) and AML (anti-money-laundering) policies. These policies require gateways such as Coinbase, Poloniex, Bitfinex, Gemini, and other worldwide exchanges to monitor transactions for suspicious activities, prevent and report suspected money laundering, and more.

Because of these policies, you are required to hand identity and bank documents to the financial institution you use to buy Bitcoin in order to be verified and allowed into the market. Transferring coins from, for instance, the Coinbase wallet to your personal wallet then creates a permanent link between your real identity and your public address.


Blockchain Analysis
Currently, there are many blockchain analysis startups emerging and making ties with government agencies as well as with private interest groups. These blockchain analysis firms study blockchains and mine data from them which, if applied to purposes such as the advancement of scalability, can be positive for crypto. Instead, firms such as Chainalysis are using their methods to monitor cryptocurrency transactions and determine **who owns what** on the blockchain.


Cybercriminals
Because the blockchain keeps a permanent and public ledger of all financial transactions you have ever been involved in, it is simple for cybercriminals to determine how much your wallets are worth and make a target out of you. Apart from knowing the amount of Bitcoin your wallet is worth, sophisticated cybercriminals can even figure out who you are, where your computer is located on the network, and hack you. And while the goals of cyber criminals and law enforcement agencies differ, the methods they use for finding out who you are are the same: social engineering and blockchain analysis.


Mixing is the Solution
The aforementioned scenarios are current threats to online privacy, but Bitcoin mixing can also save you from methods and threats that have yet to be developed.

BestMixer.se uses best-in-class technology to break the connection between sending and receiving addresses. When the connection between the sending and receiving address is broken, so too is the possibility for malicious actors to trace your wallet and coin origins. By tumbling your coins using BestMixer.se, you're able to disguise your coins and make it impossible for third parties to study your digital track.

With additional security features such as delayed payments and splitting transaction amounts into tiny bits, BestMixer.se ensures that the only person who knows which coins are yours is you.

When should you mix your coins? Essentially, any time you receive new coins, you must mix them to preserve your anonymity. In the aforementioned circumstance of buying coins through an exchange using your bank account, it's a necessity to mix those new coins through BestMixer.se before sending them to your personal wallet. By following this simple and highly recommended step, the link between your real identity and cryptocurrency wallet is permanently disrupted, allowing you to enjoy complete anonymity and freedom.
At first sight, Bitcoin seems anonymous. In order to open a wallet, you don't need to use your name - instead, you're given a public key and that's it, right? Wrong.

Rather than being anonymous, Bitcoin is *pseudonymous*. This is an important distinction to make because your privacy depends on it. As the cryptocurrency community matures, it appears that more and more users are waking up to the reality that coins like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are all traceable.

The reason for this is in the nature of the blockchain. Blockchains are essentially ledgers that keep an ongoing, permanent, and immutable records of events. This means that any transaction you have ever participated in has left you vulnerable because the other party in those transactions now knows the address of your wallet, its balance, and can trace back the origins of your coins. Besides making you an easy target for cybercriminals, it's possible that coins you've received have ties to illicit activities in transactions prior to those you were involved in.

Why should this concern you? Because there are many people apart from criminals who may be looking at your publicly available cryptocurrency transactions.


Law Enforcement Agencies and Governments
In the event that you or your cryptocurrency wallet fall under the suspicion of a law enforcement agency, your cryptocurrency movements can be easily traced and tied to back to you.

If coins that are under your possession are suspected by law enforcement agencies of having been associated with a suspicious wallet or website previous to your ownership of them, you may have to forfeit those coins in an ensuing investigation. Because governments are working hard to draft cryptocurrency taxation laws, many law enforcement agencies around the world are already keeping tabs on who owns what, so as to control and tax your cryptocurrency income when the time is right.

Also troubling is the fact that your real, offline identity is likely already tied to your cryptocurrency wallet. This is because the financial gateways used to buy cryptocurrency in the first place are, by law, made to adhere to KYC (know-your-customer) and AML (anti-money-laundering) policies. These policies require gateways such as Coinbase, Poloniex, Bitfinex, Gemini, and other worldwide exchanges to monitor transactions for suspicious activities, prevent and report suspected money laundering, and more.

Because of these policies, you are required to hand identity and bank documents to the financial institution you use to buy Bitcoin in order to be verified and allowed into the market. Transferring coins from, for instance, the Coinbase wallet to your personal wallet then creates a permanent link between your real identity and your public address.


Blockchain Analysis
Currently, there are many blockchain analysis startups emerging and making ties with government agencies as well as with private interest groups. These blockchain analysis firms study blockchains and mine data from them which, if applied to purposes such as the advancement of scalability, can be positive for crypto. Instead, firms such as Chainalysis are using their methods to monitor cryptocurrency transactions and determine **who owns what** on the blockchain.


Cybercriminals
Because the blockchain keeps a permanent and public ledger of all financial transactions you have ever been involved in, it is simple for cybercriminals to determine how much your wallets are worth and make a target out of you. Apart from knowing the amount of Bitcoin your wallet is worth, sophisticated cybercriminals can even figure out who you are, where your computer is located on the network, and hack you. And while the goals of cyber criminals and law enforcement agencies differ, the methods they use for finding out who you are are the same: social engineering and blockchain analysis.


Mixing is the Solution
The aforementioned scenarios are current threats to online privacy, but Bitcoin mixing can also save you from methods and threats that have yet to be developed.

BestMixer.se uses best-in-class technology to break the connection between sending and receiving addresses. When the connection between the sending and receiving address is broken, so too is the possibility for malicious actors to trace your wallet and coin origins. By tumbling your coins using BestMixer.se, you're able to disguise your coins and make it impossible for third parties to study your digital track.

With additional security features such as delayed payments and splitting transaction amounts into tiny bits, BestMixer.se ensures that the only person who knows which coins are yours is you.

When should you mix your coins? Essentially, any time you receive new coins, you must mix them to preserve your anonymity. In the aforementioned circumstance of buying coins through an exchange using your bank account, it's a necessity to mix those new coins through BestMixer.se before sending them to your personal wallet. By following this simple and highly recommended step, the link between your real identity and cryptocurrency wallet is permanently disrupted, allowing you to enjoy complete anonymity and freedom.