Log in

Education

Bitcoin Mixing: The Pros & Cons Explained

Updated: Aug 31, 2024
Published: Jan 27, 2020
0
Share:

Regulatory bodies and conservative people tend to look at cryptocurrencies as a way to fuel criminal activity and launder money. Those with a little more knowledge about how blockchain technology functions, know that all transactions are recorded on the blockchain and, in most cases (privacy coins are an exception), can be viewed by anyone. Which, in theory, makes it harder for money launderers to use than cash. At the same time, this also creates a privacy issue, as anyone who knows your wallet address can know how much capital you own and every transaction you’ve made.

Post Feature Image

Cryptocurrency tumbling is a way to keep you anonymous, especially with the Bitcoin’s open network; for this asset it is a called a Bitcoin mixer service, such as the one offered by BitcoinMix.org. These types of services can safeguard your privacy, as how much capital one owns tends to be a rather sensitive piece of information. As you sign up to an exchange, you are likely to undergo a KYC application which will link your wallet address to your identity, this information can be accessed by blockchain analysis companies but could also be used by bad players.

Another facet Bitcoin mixing can protect against is hacking. A type of attack is called “Dusting Attack” where scammers will send very small amounts to addresses (a few hundred satoshis) that usually go unsuspected by most users, they’ll then try to de-anonymise the wallet. Once the identity of the person or company is identified, they’ll resort to extortion. Much worse, people have been kidnapped and even murdered because of their digital assets.

This is an issue very rarely talked about by the crypto-community but definitely needs to be addressed. Lack of privacy can lead to very serious problems, which in the case of Bitcoin can be used with BitcoinMix.org. Unfortunately, these same cryptocurrency tumbling services are exploited by those carrying illicit activities. In fact, the Binance hackers used chipmixer.com, a tumbler service, to try and funnel $80 million under the radar. Luckily blockchain analysis companies potentially have the ability to detect at least a portion of the funds just like Clain is attempting to do for the Binance hack.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
State of the Market: October 2025
PRO
Research Report
State of the Market: October 2025Crypto just endured one of the largest liquidation events in its history, with more than $19B in pos...
23 min read
Oct 15, 2025
CPro picks update: Diversifying with major asset + trade setup
PRO
Research Report
CPro picks update: Diversifying wit...You can debate decentralisation, you can question regulation, but you can't ignore performance. This...
16 min read
Oct 9, 2025
Airdrop report: 3 fresh opportunities you can't ignore
PRO
Airdrop Reports
Airdrop report: 3 fresh opportuniti...September was a strong month for airdrop farmers, with rewards from Linea, Aster, Avantis, and even ...
12 min read
Oct 6, 2025