1
Announcements [ANN] / Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« on: Today at 01:18:14 AM »Having our data stored by the CEX is what most privacy enthusiasts fear when nothing is forever safe. If the purpose of the KYC was just to verify the holder information, resident, etc if they are genuine and all the information is deleted it's another thing but saving it can lead to vulnerability of the owner of the private information if the person in charge of the CEX users private information sell it or was hacked and the information falls into the wrong hands.Yeah, I am aware of the potential risks associated with providing KYC information on CEXs, such as the misuse of personal information or the risk of fraud in the future if hackers obtain our personal data. However, similar to the level of security we experience when using banking services or trading on stock exchanges, hundreds of millions of CEX users are accepting this in exchange for convenience, investment opportunities, and the ability to profit from crypto market.
Meanwhile, all this and more is the reason why people's private information is sold on the dark web.
Most bad actors don't always care about the amount of crypto you're holding when they can make millions and more through the use of private information to execute their shady transactions.
If you must use a crypto mixer I will advise you to be sure they offer the quality privacy you want.
I understand that the need to protect personal data is paramount for many people, and they genuinely desire anonymity through various services. For the time being, I trust the most reputable CEXs in the crypto market and focus on investing. I only hope that my account will not be frozen due to involvement with "dirty" coins. And that is my sole purpose for using MixTum over other Mixer services.
Of course, I do not object to or deny the different purposes of other Mixtum users ^^