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Announcements [ANN] / Re: 🌀 UniJoin.io - CoinJoin Mixer | Your Anonymity Is Our Priority!
« on: April 29, 2024, 09:18:19 PM »Hello! I'm new here and is trying to understand the benefits of using coin mixer because previously i was just sending the money directly from my coin wallet to a friend when he advice me to use these kind of services to make sure that no one will ever try to steal my information or invade my privacy, I'm still unsure how can they do that since the coins that im using was just given to me and im planning to use it for gaming and profit making, so my concern is if i were to use/do a coinjoin i will be joing a single pool with other people, then how can i be sure that they wont be able to "Possibly" access my information? I understand that UniJoin.io will be securing the pool but still, right?Hey mate! I'm also exploring coin mixing services, and I've found a few that seem interesting in terms of how they operate and the privacy they offer.
However, it seems like you do not fully understand what coin mixing services do. They aren't designed to prevent your coins from being stolen or to directly protect your privacy.
Coin mixing services primarily focus on enhancing the anonymity of Bitcoin transactions (or whichever cryptocurrency the service mixes). You essentially send your coins to an address provided by the service, and they use their specific methods to mix your coins with others, making it difficult to trace them back to you when you receive them at a different address.
This is the basic operation of a coin mixing service. I recommend doing more research on this topic by reading through this thread as I'll be doing soon and asking questions if anything is unclear.
However, if you're primarily concerned about losing your funds, then using a mixing service might not be what you should be concerned about. Instead, you should focus on learning about safeguarding your cryptocurrency and protecting yourself from getting hacked.