Despite the decentralized nature of digital money, there are ways to identify its owners by implication. Transactions can be easily viewed through blockchain browsers. You can also track coins when paying for goods or withdrawing bitcoins to a card. To conduct completely anonymous transactions, mixers are used. For example, in Mixer.Money, customers’ coins are sent to exchanges, and assets from other foreign platforms are sent to them. The duration of mixing and the percentage distribution to addresses is determined by an algorithm. Such transfers cannot be tracked using cluster analysis.
Mixer.Money official website
The service was launched in 2016, enjoys the trust of customers. It should be noted that the developers made every effort to keep the reputation at a high level: they introduced a mechanism of guarantee letters, added a free test transaction for beginners. Mixer.Money is focused on users from the Russian Federation, so by default it works in Russian. However, customers can switch the interface to the English version in the menu at the top.
For more convenience, the developers launched a Telegram bot. In the fall of 2022, they give a 10% discount when using the program.
The window for creating a transaction is on the main page of the resource. Below the developers attach instructions for mixing coins and a link to a free test.
In the top and bottom menu of the site you can find tabs with sections:
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- FAQ. The page contains answers to popular questions of users.
- “Blog. Here the developers publish the latest news of the cryptoworld and training instructions for working with the resource.
- “Contacts”. On the page you can find an e-mail address and links to messengers to contact the administration.
- “How Bitcoin Mixer works.” In the block, the Mixer.Money team explains the principle of mixing coins.
- “Partnership”. Mixer.Money customers are offered to earn on the promotion of the service. On the page you can find the terms of cooperation
- “Bitcoin Mixer.” In the tab, a link to go to the mixing of coins is sewn in.
- “Privacy Policy”. Here you can see what measures the team takes to protect customer data.
- “Terms of Use”. Before executing a transaction, it is necessary to read and accept the rules of working with the platform.
Features of the bitcoin mixer Mixer.Money
The service for anonymizing transactions puts the privacy and security of users at the top of the list. Mixer.Money does not require registration, does not store the history of operations, applications are deleted 168 hours after creation.
Clients are provided with guarantee letters with information on transactions (with an electronic signature). With their help you can confirm the sending of funds when contacting the support service.
Mixer.Money is distinguished by other features:
- Short waiting time. Coins are mixed in portions with the cryptocurrency of other users. The procedure takes up to 6 hours, taking into account the level of anonymization. In other services, it can take several days.
- Random commission. Transaction fees are charged within ranges (1-1.5% for “Mixer” mode, 4-4.5% for “Full anonymization”). Randomized fees make it difficult to track transactions.
- Money Return Guarantee. If the money has not reached the addressee in 24 hours, you can contact the support. The most common reason for delayed payment is a transaction hang-up in the blockchain. Before contacting tech support, you should find the transaction in the blockchain browser and check that 6 hours have passed since the confirmation.
- Extended anonymization function. Unlike other services, Mixer.Money uses cryptocurrency from foreign exchanges to anonymize clients.
- Mode for sending coins to the recipient. After mixing, the cryptocurrency will come to the wallet in two or more transactions. You can specify different wallets – to one address will come the exact amount, to the second – change.
- Free test. Users can test the work of the service – anonymously send 0.001 VTS. There is no commission for the first operation. Mixer.Money will mix coins in “Full anonymity” mode and send them to one wallet (in the paid version – to two).
How Mixer.Money works
One of the disadvantages of the Bitcoin network is the lack of anonymity. Any transaction can be seen in the block browser. Special programs can identify the owner of cryptocurrency by indirect signs (Mixer.Money calls at least 9 such resources). Mixers allow you to send cryptocurrency anonymously. To do this, coins are mixed with the assets of other customers. There is no connection between the sent and received BTC. This makes it difficult to track transactions.
Mixer.Money uses 3 modes of anonymization:
- “Mixer”.
- “Exact payment”
- “Full anonymization”.
Mixer” mode
This method is used by clients who do not need high anonymization. Coins go to the cryptocurrency exchange. In return, users receive funds from incoming transactions of “Full anonymity” clients. When choosing a method, you need to take into account its peculiarities:
- The use of a mixer can be established with the help of cluster analysis.
- There is a possibility of getting crypto coins with a bad history.
- If the client has recently (less than a day) used the “Full anonymity” mode, he can get his bitcoins.
“Precise Payment” mode
The mode provides high security and privacy. The service guarantees the sending of coins with a good history.
The peculiarity of the mode – the first wallet for payment (you can specify the address of the exchanger) will receive the exact amount, the second – everything else. It is recommended to choose online platforms with a large payment window (at least 6-7 hours).
“Full anonymity” mode
In 2024, there are paid services that set the passage of coins through mixers. In particular, such filters are used by some exchangers. The “Full anonymity” method is based on an algorithm that ensures the privacy of data. The principle of operation is as follows:
- The user sends coins to a specified address. Mixer.Money sends them to 2 different exchanges.
- The system processes the payments in the premixer. The client receives coins from completely different exchanges. There is no connection with the sent bitcoins.
The platform guarantees the purity of BTC. For each order, wallets are selected, which have the exact amount. Such transactions in the blockchain do not attract attention.
Terms of mixing cryptocurrencies
Mixer.Money works automatically, operator participation is not required. Mixing of coins starts after 1 blockchain confirmation and takes up to 2 hours in “Mixer” mode, up to 6 hours in “Exact amount” and “Full anonymity”. The working conditions are as follows:
- Once an application is created, coins can be transferred for 7 days (168 hours), then orders will be deleted.
- User data is erased instantly, information on requests – after 168 hours.
- Customers can print a confirmation of the use of the resource – a letter of guarantee. The document must be saved before receiving bitcoin. The text is written in Russian and confirmed by a digital signature.
- Customers who have reached the age of 18 can use the service. The administration does not collect personal data.
- For one transaction you can transfer up to 1 BTC in the “Mixer” mode, “Exact amount”, “Full anonymity” allows you to transfer up to 50 BTC.
- The minimum transaction amount is 0.001 BTC.
- The application can be created in the Telegram bot. Developers motivate customers to mix cryptocurrency through messengers. In the fall of 2022, you can get a 10% discount in the bot.
- Technical support responds in Russian and English.
Mixer.Money commissions
The service performs a complex procedure for mixing coins. More than 100 investors from the world exchanges use funds for mixing. Mixer.Money charges a commission for its services.
| Mode | Transaction fees |
|---|---|
The amount of the fee can be calculated on the calculator when making a transaction. The fee is deducted from the transaction amount.
To make identification more difficult, the fee amounts are different. The calculator will display the value at the top of the range. Therefore, the user will receive a little more cryptocurrency on the wallet.
How to mix bitcoin with coins of other users
To anonymize the transfer of BTC through Mixer.Money, you need to:
- Open the application form on the website or in the Telegram bot.
- Select the mixing mode depending on the need for anonymization.
- Enter the addresses to which the money will be transferred after mixing. It is recommended to specify details of different platforms (for example, hardware and mobile storage) for greater privacy. If you specify 2 addresses generated by one interface, the program may identify them as one and merge the transactions.
- Click on the “Mix my bitcoin” button.
- The address will be displayed on the screen. To it, you need to list the exact number of coins. It is better to put a medium or high commission to avoid the payment hanging in the blockchain. Bitcoins should be transferred within 7 days. Coins that come later are not tracked by the system.
- Download a letter of guarantee. It will be required to contact the support service in case of problems with receiving Bitcoin. The key to verify the authenticity of the letter of guarantee (enhanced digital signature) can be found in the “Contacts” section.
In the “Mixer” mode, the cryptocurrency will arrive at 1 or 2 specified addresses. For greater privacy in the “Full anonymity” format, there is no option to choose the proportions of assets credited to wallets.
The status of the operation can be tracked on the application page. If the user closes the tab, it is necessary to wait for the set time or create a new request (if bitcoin was not sent).
Mixer.Money affiliate program
The company invites crypto-enthusiasts to cooperate. To earn on Mixer.Money, you need to meet one of the criteria:
- Be an active member of a cryptocurrency forum with registration for at least 3 months and a good reputation.
- Maintain a popular blog or Telegram channel on the topic.
- Represent news, IT blogs, finance and cryptocurrency websites.
To participate in the program, you need to write a message in Jabber with a profile on the forum or a link to the site. After that, you can determine the format of the partnership:
- Posting. Mixer.Money pays for publications mentioning the project. Depending on the quality of the material and the client’s rating, earnings are $0.3-30.
- Individual working conditions for administrators of popular channels and blogs. It is necessary to publish reviews, reviews with a link to the site. Low-quality posts published on unpopular resources do not pay.
- Testing coins. Authorized participants can test the work of the resource. The administration will send coins that have been anonymized for testing. You can keep them.
Advantages and disadvantages of the mixer
| Pros | Minuses |
|---|---|
| You can choose the level of cryptocurrency anonymization | High commissions (on average, they take up to 1.5%) |
| Transactions in the “Full anonymization” mode cannot be tracked | The procedure can take up to 6 hours |
| The service does not store login | |
| The application is valid for 7 days |
Support service
Mixer.Money administration has prepared detailed instructions on working with the platform. They can be found in the FAQ section. You can also contact the support service via any communication channel:
- Telegram
- Jabber
- Online chat.
The fastest answer can be received in the online chat on the site. Operators respond within 5 minutes.
Conclusion
Service for mixing bitcoin Mixer.Money enjoys a well-deserved reputation among holders of cryptocurrency. Unlike other resources, the exchange (in “Full anonymity” mode) cannot be traced by cluster analysis methods.
Users who do not need a high degree of privacy can work in the usual mixing mode with a minimum commission (1.5%). In this case the operation time is reduced to 2 hours.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
