A Bitcoin mixer or tumbler service is an application offered to mix potentially tainted or identifiable cryptocurrency funds with other, untainted ones, in order to mask the trail back to their source. As mixing applications go, this is not something you want to run by yourself or to hire someone else to do. The fact is that a mixer can be dangerous, especially if you don't know what you're doing and you don't take the time to learn how to effectively implement such a program. There are many ways to be confused or misled about mixing applications, so you need to know which ones are the best to work with. It's important to understand that any mixing application you're interested in learning more about will likely include at least one disclaimer that mentions the risk inherent to mixing your funds.
Mixers can be used to mix different kinds of funds. Some people use them to blend different currencies to earn a profit from the difference between the two. Some people use a mixer to mix different kinds of money and then sell that mix for profit when they make more than what they started with. A mixer can also be used to simply mix money and then sell it for a profit when you're done. A lot of people are asking themselves how do you use a bitcoin mixer? It is a very useful term that enables us to safely and secretly send or receive your coins. Basically, this kind of software tool enables you to shuffle your coins with built in algorithms and to keep your identity safe. So a basic purpose of the mixers is to exchange your coins without revealing your identity. It is mainly used in P2P transfers and in donations.
There are different types of mixers available. One of them is called CoinShuffle, which is a specialized software tool. You can get it for free by searching the internet. This tool automatically shuffles all your coins in a safe manner without exposing your personal information to the third party. Another very popular mixer is called the Mixx. It works the same way as CoinShuffle but is more advanced because it allows you to keep your private information safe from third party.
The other kind of mixers that you can also use is the CoinShaper. This is also another very effective mixing software that allows you to mix up your transactions at a secure place. You can choose this tool according to your preferences. Just remember that if you wish to mix your transaction then you should always use the advanced versions.
