PrivCoin is both a premium coin swapper and mixer built by security professionals. We allow users to use cryptocurrencies in the way they were intended, with full privacy. PrivCoin provides two independent different services:
Mixing service: When you use Bitcoin with other parties they know who you are, where your coins are held and how many coins you have. Armed with this information. an unscrupulous party can do things like attempt to hack you, kidnap you, or a competitor can track your company's revenue. They can also monitor your coins and know where you send them to use that information against you for example if you should use coins on a dating website.Instead, to preserve your own personal privacy and dignity you can send us (for example) 1 Bitcoin and receive 0.9949 BTC back into your new wallet that has no traces of your identity on it. Using time delays and multiple addresses ensures NOBODY will know anything about your coins.
Swapping service: If you currently own Bitcoin but want Ethereum, you can choose to send us (for example) 1 Bitcoin and receive ~12 Ethereum (at the exchange rate this when FAQ was written). This feature is currently disabled until we build our reserves for each supported coin.
A few references:[Caution] Telling other people how much Bitcoin you have
We have high reserves so your transactions can be processed instantly as soon as we receive your confirmed funds unless you manually add time delays to transactions.
The maximum transaction size depends on our current reserves for each coin and the number of coins from your previous transactions which are in our reserve. There are also hard maximums for each coin for various reasons. No user is permitted to attempt to circumvent these hard limits and we will not take kindly to those that attempt to do so. You will be notified of your maximum transaction size during the order process and you should adhere to it religiously.
Current Minimums below. Smaller amounts will be considered donations and not returned.
Bitcoin => 0.01 BTCBitcoin Cash => 0.1 BCHEthereum => 0.1 ETHLitecoin => 0.1 LTC
Amount of confirmations depends on the incoming coin type, and amount. See below:BitcoinLess than 5 BTC - 1 confirmations;
The generated address is valid for 24 hours only. We completely delete your order's data after 24 hours of your last mix. All further payments will be ignored. *New Update: If you create a mix at 6 AM on Day 1 and then another mix at 8 PM on Day 1, both transactions will be deleted at 8 PM on Day 2. This is done to ensure you never get your old coins back under any circumstances.
After your first exchange you will receive a special cookie in your web browser. This cookie makes sure that you will never receive any of the previous coins you have added to our reserves in any subsequent transactions you make with us. In other words this ensures that your privacy remains intact.
The Letter of Guarantee is provably proof of our obligations.When we send you the crypto address to send your coins, we provide a digitally signed confirmation that this address has truly been generated by our server. For your peace of mind we always provide this and sign it from our main account depending on the crypto currency used. You may verify our digital signature using your digital wallet. Valid signing accounts:
The Letter of Guarantee is the only proof of our obligations. Please always save the Letter of Guarantee before you send us coins. The Letter of Guarantee will help to restore your order if something goes wrong.