Cryptocurrency tumbler
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks are essential for the state to track 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 inform everyone how much they gain or how they spend their money.
There is an opinion among some internet surfers that using a mixing service is an criminal action itself. It is not entirely true. As mentioned before, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many services that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which platform can be trusted? How can one be certain that a scrambler will not steal all the deposited coins? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all features on which attention should be focused.
Since digital money is spinning up across the globe, digital money holders have become more aware about the confidentiality of their transactions. Everyone thought that a crypto user can remain unidentified while depositing their digital currencies and it turned out that it is untrue. Because of public administration controls, the transactions are detectable which means that a user’s electronic address and even identity can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a Bitcoin mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a sender gets back an equal quantity of coins, but blended in a non-identical 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 disclosed.
Surely all mixers from the table support no-logs and no-registration policy, these are important aspects that should not be overlooked. 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 coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
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 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 mixers, it is necessary to consider each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin tumblers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. 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 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 absolutely special crypto mixer is ChipMixer because it is based on the totally another principle comparing to other mixers. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing service in advance, following transactions are untraceable and it is not possible to connect them with the wallet owner. 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 anonymous and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.