What Is Bitcoin Mixer & How Does It Work?

1

• BITCOIN MIXER

2
What Is Bitcoin Mixer?

• A Bitcoin Mixer is a cryptocurrency anonymization
  service that breaks the link between your old and
  new address and makes it impossible to track your
  transactions in the Bitcoin network.

3
Why To Use Bitcoin Mixer

• Bitcoin activities are recorded and available
  publicly via the blockchain.
• The effect of this is that any time you engage in
  a transaction (i.e. when you send or receive
  Bitcoin), the other party knows your wallet
  address and is therefore able to view all of your
  financial history, including the balance in your
  wallet. and can share your wallet address with
   with others, including cybercriminals.
• In order to avoid this and keep your personal
  anonymity you need to use Bitcoin Mixer

4
How Bitcoin Mixers Work

• Bitcoin mixers work by literally mixing up your
  payment with lots of other payments from other
  users.
• This makes it very difficult if not impossible
  for any observer to be able to work out who is
  actually sending money to whom.

5
BITEX

• EZBitex is the currency exchange and banking
  infrastructure with a decentralized, distributed
  and immutable ledger provided by Bitex, which
  underpins the functioning of the entire system.