Monero mixer - Cryptocurrency tumbler
Since digital money is gaining momentum across the globe, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone used to believe that a sender can remain unidentified while forwarding their digital currencies and it came to light that it is not true. On account of public administration controls, the transactions are detectable which means that a user’s electronic address and even personal identification information can be disclosed. But don’t be worried, 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 a straightforward way to blend different parts of it with other transactions used. After all a user gets back an equal quantity of coins, but blended in a completely different set. Consequently, there is no way to trace the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are important for the government to track back criminal transactions, such as buying 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 bitcoin 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 spend their money.
There is an opinion among some web surfers that using a mixing service is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while choosing a crypto mixer. Which platform can be relied on? How can one be sure that a mixing platform will not take all the deposited digital money? This article is here to reply to these questions and help every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the best existing mixers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one feature that is not represented 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 deposited 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. To get a better understanding of crypto tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform allows a user to exchange the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction untraceable, 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 totally another idea comparing to other services. A user does not simply deposit coins to mix, 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 platform beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous 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 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 acquired from stock exchanges.