Coin Control is an advanced feature that allows you to manually select which unspent transaction outputs (UTXOs) to use when sending bitcoin. This is crucial for privacy, as it helps avoid address reuse and can prevent the consolidation of UTXOs from different sources. It can also be used to manage on-chain fees by selecting smaller or larger UTXOs. The mycelium bitcoin wallet provides this powerful tool, giving expert users fine-grained control over their on-chain footprint and financial privacy.
The Power of Coin Control in Mycelium