One of the most attractive features of cryptocurrency is the pseudonymity that it gives to users. Being the very first cryptocurrency, Bitcoin has become the torch bearer of this characteristic. However for bitcoin to be truly and completely anonymous, there are various tools that need to be put to use. Bitcoin mixers are one such instrument that can enhance the pseudonymity of Bitcoin.

While there are many bitcoin mixers in the market, there are very few that outshine among them. In this article, we will be covering YoMix which is one of the top bitcoin mixers that is on its way to quickly becoming a great alternative for Tornado cash.

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What are Bitcoin Mixers?

We all are aware that the ledger or blockchain on which Bitcoin functions is completely public and anyone can access every transaction ever made on this network. While a lot of users don’t mind the public nature of the bitcoin blockchain, for some individuals this can become a privacy risk. This is where bitcoin mixers come into play. Even though there are several ways in which one can hide and privatise the record of their transactions, bitcoin mixers are one of the most popular ones. What this does is that it basically shuffles together a particular sum of bitcoin in a private pool and only after that it divides the amount and sends it to the intended recipients.

Also Read: What are Crypto mixers? Top Cryptocurrency Mixers 2023

Sanction on Tornado cash

Tornado Cash is an Ethereum smart-contract mixer that was once very well known and used. Marketed on its decentralized and non custodial characteristics, Tornado Cash drew a lot of popularity. Since its launch in August 2019, it had mixed more than $7.6 billion worth of Ether up until August 2022. However, it was then discovered that approximately 30 per cent of all the capital sent using this mixer was associated with illicit participants. On the 8th of August 2022, The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash on the grounds of permitting hackers to launder USD 7 billion in cryptocurrency since 2019. According to Sanction Scanner, “Tornado Cash’s role in laundering over $455 million in cryptocurrency stolen from Axie Infinity’s Ronin Bridge protocol by the North Korean-affiliated hacking organization Lazarus Group, as well as its receipt of funds stolen from Harmony Bridge and Nomad Bridge in June and August of this year, was specifically mentioned in the Treasury’s press release announcing the Tornado Cash sanctions.”

After the entire debacle faced by Tornado Cash, users are looking for a more trustworthy option in the crypto mixer space, and YoMix might be your answer.

About YoMix

YoMix is a fully automated Bitcoin mixer that has developed a cutting edge technology in order to bring to each and every user the power of anonymity. On the bitcoin ledger, practically anyone can see the number of funds you have stored and can initiate a cyberattack targeted on your account in order to steal the coins you hold. That is why YoMix has become such an essential tool to use. They have an absolute zero log policy as a result of which they erase any and all data related to your order after order expiration and charge a very small amount for all their services. YoMix allows users to mix bitcoin of large sums through multi-transactions that make it impossible to track your transactions using amount-based analysis. As of now, they support all types of addresses (SegWit, Taproot, Legacy, Bech32) but only bitcoin is backed by the platform. However, they are planning to extend their support to many more currencies soon.

Some of the important links that you could need for reference are as follows

How does YoMix work?

On YoMix first, an order is created by the user where they customize their own settings such as service fee, distribution, delay and many more. Next, the coins are sent to the input address once the details of the order data have been checked and confirmed. After that the user’s role is limited and they just have to wait for YoMix to combine the coins. Finally, Once mixing is finished the user will receive mixed coins

Top features of YoMix

YoMix despite being a relatively newer platform, offers users with a wide range of benefits. Some of these are as follows

  • They have a minimum transaction amount set at 0.001 BTC
  • Insnatt mixing ability is provided so that no sort of delay ever sets in
  • The commission taken by YoMix starts at only 0.7 per cent
  • You can also adjust the fee by yourself
  • The platform provides support to around 5 outgoing addresses and offers a 24/7 technical support team
  • They completely give backing to TOR v3
  • YoMix also has a Clean (No-JS) version of their website which can be used by those who have disabled javascript.

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