Bitcoin mixer - Cryptocurrency tumbler
As bitcoin is gaining momentum worldwide, bitcoin holders have become more aware about the anonymity of their affairs. Everyone was of the opinion that a crypto user can remain incognito while forwarding their digital currencies and it turned out that it is untrue. On account of the implementation of government policies, the transactions are traceable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to mix different parts of it with other coins. After all a user gets back the same number of coins, but blended in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces play an important role for the authorities to track back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use available crypto mixers and secure sender’s personal identity. Many digital currency holders do not want to inform everyone how much they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixing service is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should pay attention while choosing a bitcoin tumbler. Which service can be relied on? How can one be sure that a scrambler will not steal all the sent digital money? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed mixers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential features that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine 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 stay incognito, as there is a gap between the forwarded coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto tumblers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixers that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one type of coins and get them back in another currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally extraordinary crypto tumbler is ChipMixer because it is based on the totally different principle comparing to other tumblers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 16.2 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this platform: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually clear all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
