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Glossary

Coin Mixer

What is Coin Mixer?

Software firms called coin mixers to act as a go-between for parties wanting to send and receive bitcoins. As an illustration, Person A wants to give Person B one Bitcoin (BTC), but they do not want this transaction to be able to be tracked. Person A would seek the assistance of a coin mixer business. The quantity of Bitcoin will be delivered to the coin mixer. This transaction will then be combined with several other transactions by the coin mixer to create a greater quantity of the same cryptocurrency, which will then be distributed to the chosen recipient addresses.

One thing to keep in mind, though, is that currency mixers bill a fee for their mixing services. It is crucial to remember that the majority of coin mixers charge a percentage-based fee. As a result, the more cryptocurrency you add to the mixer, the more fees you'll have to pay.

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