According to a new report released by cybersecurity firm Ciphertrace, its software can track up to 87% of the global cryptocurrency transaction volume. It is getting easier every day for authorities to use blockchain monitoring methods not only against criminals but also against ordinary people.
In most cases, authorities use traditional methods for tracking cryptocurrency transactions that are no different from those used to monitor any other suspicious financial operations. This is the identification of the user through the data obtained during Anti-Money Laundering and Know Your Customer procedures, the mapping of IP servers, withdrawal data comparison, and other methods.
Despite the development of increasingly sophisticated blockchain analysis tools, there are still steps you can take to protect your anonymity online. Bitcoin mixers like SmartMix, when used correctly, still offer robust security against blockchain analysis. Here are some steps you can take to get the most out of SmartMix:
- Use our .onion link: Keep your identity safe by using Tor and visiting us at smartmixnjmuoixj.onion. For extra security, use a VPN too.
- Extra features: Use our options to delay your transactions and send your mixed coins to several addresses
- Send mixed coins to new addresses: Only send mixed coins to an address you've never used before.
- Be consistent: Make sure that you always use a mixer before moving coins to an exchange account associated with your real life identity.
By following these steps, you can get the maximum levels of security SmartMix has to offer. Stay safe and happy mixing!