As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These traces are essential for the authorities to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use accessible bitcoin mixers and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know how much they gain or how they spend their money.
There is an opinion among some internet users that using a mixer is an criminal action itself. It is not entirely true. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to be concerned. There are many services that are here for bitcoin holders to blend their coins.
However, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be trusted? How can one be certain that a mixing platform will not steal all the sent coins? This article is here to answer these questions and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing mixers 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 cybercash is gaining momentum across the globe, digital money holders have become more aware about the confidentiality of their purchases. Everyone used to believe that a crypto user can remain unidentified while forwarding their coins and it turned out that it is untrue. Because of public administration controls, the transactions are meaning that a user’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto tumbler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to mix several parts of it with other coins. After all a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not disclosed.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. 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 mixing services also allow to combine 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 stay incognito, as there is a gap between the sent coins and the outcoming 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 tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixers that has ever appeared. This scrambler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange 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 less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One completely extraordinary crypto mixer is ChipMixer because it is based on the completely different principle comparing to other services. A user does not just deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 12.11 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.