Bitcoin mixer - Cryptocurrency tumbler
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks are essential for the authorities to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency tumbling services and secure sender’s personal identity. Many crypto holders do not want to let everybody know how much they gain or how they use up their money.
There is a belief among some web users that using a mixer is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to mix their coins.
However, a crypto holder should be careful while picking a bitcoin tumbler. Which platform can be relied on? How can one be certain that a tumbler will not take all the deposited coins? This article is here to answer these questions and help every crypto owner to make the right decision.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by customers and are highly recommended. Let’s look closely at the listed coin tumblers and describe all options on which attention should be focused.
As bitcoin is gaining momentum across the globe, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone thought that a sender can remain unidentified while depositing their digital currencies and it came to light that it is untrue. Owing to public administration controls, the transactions are identifiable which means that a user’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, there is no possibility to trace the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to mix coins between the currencies which makes transactions far less trackable.
There is one option that is not represented in the above table and it is time-delay. This option helps a user and a transaction itself to remain anonymous, as there is a gap between the forwarded coins and the outgoing transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. For better understanding of crypto mixers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the leading Bitcoin tumblers that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to deposit one currency and get them back in another currency. This process even increases user’s anonymity. Time-delay feature helps to make a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One totally extraordinary crypto mixer is ChipMixer because it is based on the absolutely another rule comparing to other mixers. A user does not simply deposit coins to clean, but makes a wallet and funds it with chips from 0.03 BTC to 14.954 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this mixer: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.