Launched just six months ago, new website based digital currency mixing service, known as “Bitcoin Laundry”, is rapidly gaining popularity in the digital currency community for its easy-to-use interface and solid security. While most other digital currencies seduce consumers with the prospect of virtual anonymity, the fact remains that online transactions can still be traced back to one’s real life identities if any hacker or government entity really wishes to dig up all of a person’s transactions. The anonymity offered by other digital currencies is just that -anonymity.
In addition to protecting your personal information from hackers, the service also offers two-factor authentication, which ensures the validity of your account. This means that your account will be locked down in case you lose your password. Also, if the information on your private key changes, you can just reset your password to unlock your account. This is a security measure that’s provided by the company, which is a major advantage over other websites that offer the service. Visit here for more information about tumbler bitcoin.
The company further takes care to secure your key recovery service. You can request for a backup key if your main key suddenly stops working, which is only possible if the server on which you are running the service is hacked. However, you won’t be able to access your data from another computer without the key. As a precautionary measure, you can also run a transaction on your account with an alternative key or a copy of your original key, but this is limited to just five transactions a day.
The company accepts PayPal, Money Gram and ACH through one of their Payment processors. They have a strict no-nonsense policy against sending your money to countries that have poor payment processing capabilities, such as Turkey, Iran, Syria and Venezuela. Their policies also stipulate that you should never give out your financial data over the internet in case your transaction gets caught. or is stolen. They also offer 24-hour fraud prevention, and customer service support.
Another good reason to use this service is that it is free to sign up, unlike the other services that charge fees. There is no reason why you should pay anywhere close to this amount, especially if you don’t intend to make large-scale transactions.