The blockchain technology in use for the cryptocurrencies like Bitcoin makes the users vulnerable to digital tracing. Every Bitcoin transaction that takes place clubbed together in the form of a public record. It makes individual transactions traceable by using the Bitcoin address. Thus, using the address each Bitcoin owner’s activity can be easily tracked. However, Bitcoin Mixing service providers like Coinmixer ensure that link between the new and old address severed by swapping the coins between two active users. Besides this, the transaction amounts also randomized by Coinmixer and along with that time delays added to each transaction. So the primary aim behind coin mixing is to protect the privacy of the coin owners. It also prevent others from tracing any Bitcoin payment over the internet.
Ease of Use
Coinmixer is pretty easy to use as not requirement to create an account to avail their coin mixing service. Also forget about providing your personal details. The company has a huge database of Bitcoins that have been premixed to deliver instant results. You can check the anonymity of the Bitcoins by checking the output address on any block explorer.
The web interface offered by Coinmixer is highly intuitive and designed to deliver the best user experience. The entire process of making your Bitcoins anonymous won’t take more than a few minutes.
- Tested mixing algorithm
- Avail service without creating an account
- Encrypted connection
- The company doesn’t collect any logs
- Auto recovery after a failure
- Transactions take place on a real-time basis
- Poor customer support
Buying Bitcoins on Coinmixer
Even before you avail the coin mixing services offered by Coinmixer, you’ll need Bitcoins and Coinmixer gives you the opportunity to buy Bitcoins on its website. However, buying the Bitcoins can’t be kept anonymous as the company will need your credentials and personal details before allowing you to buy Bitcoins. Identity verification is one of the most important steps before you can proceed with the purchase. You can buy Bitcoins from other sellers as well but there too you will have to furnish your personal details and go through the mandatory identity verification.
For every transaction, you will be charged somewhere between 1% and 3% of the total amount. In addition to this, you will also have to pay an address fee of 0.0005 BTC for every output address.
Coinmixer Affiliate Program
The company has come up with the most profitable affiliate program for all affiliate partners interested in earning high commission for every successful referral. As an affiliate partner, you stand the chance to get 50% commission for every successful referral. You will be provided with the standard affiliate link that you can use on your blog, website and social media platforms. The referee also stands to avail a discount of 0.5% on the mixing service. Commissions transferred to your affiliate account almost immediately. You can manually transfer the payouts to your Bitcoin Address. You will also get reports on all your referrals.
Coinmixer Affiliate Review
As of late they seem to be one of the better mixing companies out there. Back in 2016 they were off to a bumpy start but they seem to have worked out the kinks in their system. They do need quicker response times regarding support but outside of that if you know what you’re doing you should do well working with them.