Bitcoin mixer. Cryptocurrency tumbler
As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These traces are essential for the state to trace back illegal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use available crypto tumbling services and secure sender’s identity. Many crypto holders do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some internet surfers that using a mixer is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of coin mixing to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to blend their coins.
However, a crypto holder should be careful while choosing a crypto mixer. Which service can be relied on? How can one be sure that a scrambler will not take all the sent coins? This article is here to answer these concerns and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look into the listed mixers and describe all features on which attention should be focused.
As digital currency is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity of their purchases. Everyone used to believe that a sender can remain disguised while depositing their coins and it came to light that it is not true. Owing to public administration controls, the transactions are which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency mixer.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend different parts of it with other transactions used. After all a user gets back the same number of coins, but mixed up in a completely different set. As a result, there is no way to track the transaction back to a user, so one can stay calm that identity is not uncovered.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. 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 options, some mixing services also allow to mix coins between the currencies which makes transactions far less traceable.
There is one feature that is not displayed in the above table and it is time-delay. This feature helps a user and a transaction itself to remain anonymous, as there is a gap between the forwarded coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be a couple of days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin mixers that has ever existed. This tumbler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s confidentiality. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely extraordinary crypto tumbler is ChipMixer because it is based on the completely another principle comparing to other services. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.03 BTC to 15.638 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service in advance, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual 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 every user has a chance to manually cleanse all logs before the end of this period. Another mixing platform 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 gained from stock exchanges.
