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 are essential for the government to trace back illegal 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 cryptocurrency mixers and secure sender’s personal identity. Many bitcoin holders do not want to inform everyone how much they gain or how they spend their money.
There is a belief among some web users that using a mixing service is an criminal action itself. It is not entirely true. As mentioned before, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no need to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should pay attention while picking a digital currency scrambler. Which platform can be trusted? How can a crypto holder be sure that a scrambler will not take all the sent digital money? This article is here to reply to these concerns and assist every crypto owner to make the right decision.
The digital currency mixers presented above are among the leading existing tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and describe all options on which attention should be focused.
As cybercash is spinning up around the world, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a sender can remain disguised while depositing their coins and it turned out that it is untrue. On account of public administration controls, the transactions are identifiable meaning that a user’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a Bitcoin scrambler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. In the end a user gets back the same number of coins, but mixed up in a non-identical set. Therefore, it is impossible to trace the transaction back to a sender, so one can stay calm that identity is not disclosed.
Surely all tumblers from the table support no-logs and no-registration policy, these are essential options that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common 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 opportunities, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one option 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 sent coins and the outgoing 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 independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin tumblers that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency and receive them 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 extra address.
One completely unique crypto mixer is ChipMixer because it is based on the absolutely different principle comparing to other mixers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.04 BTC to 16.2 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following 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 uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler 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 platform requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.