Litecoin mixer - Cryptocurrency tumbler
Since cybercash is spinning up across the globe, digital money holders have become more aware about the anonymity of their affairs. Everyone thought that a sender can remain incognito while forwarding their coins and it came to light that it is untrue. Because of public administration controls, the transactions are traceable meaning that a sender’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a crypto mixing service.
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 sender gets back the same number of coins, but mixed up in a completely different set. Consequently, there is no way to trace the transaction back to a user, so one can stay calm that identity is not disclosed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks play an important role for the state to track back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use available crypto tumbling services and secure sender’s personal identity. Many crypto owners do not want to let everybody know the amount they earn or how they spend their money.
There is a belief among some internet users that using a mixer is an illegal action itself. It is not completely true. As outlined above, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no reason to be concerned. There are many platforms that are here for bitcoin holders to blend their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which service can be relied on? How can one be sure that a scrambler will not take all the deposited coins? This article is here to reply to these questions and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed mixers and explain all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are important options that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to mix 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 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 mixers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixers that has ever appeared. This mixer supports not only Bitcoins, but also other above-mentioned 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 anonymity. Time-delay feature helps to make a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One totally special crypto tumbler is ChipMixer because it is based on the absolutely different principle comparing to other tumblers. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 9.121 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 beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this mixer: it applies “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 every user has a chance to manually cleanse all logs prior to this period. Another coin scrambler 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 unique, as the platform requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.