Since digital money is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain disguised while forwarding their digital currencies and it turned out that it is untrue. On account of public administration controls, the transactions are identifiable meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency tumbler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to blend different 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. As a result, there is no way to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks are essential for the state to trace back illegal transactions, such as purchasing weapon, 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 available cryptocurrency tumbling services and secure sender’s identity. Many digital currency owners do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some web users that using a scrambler is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of crypto blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
However, a crypto holder should be careful while picking a digital currency scrambler. Which service can be relied on? How can a crypto holder be sure that a tumbler will not steal all the deposited coins? This article is here to answer these questions and help every crypto owner 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 look closely at the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical options that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most common digital money. Although there are a few 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 mix 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 option 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. To get a better understanding of crypto mixers, it is essential to review each of them independently.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin tumblers that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to deposit one currency and get them back in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely extraordinary 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 0.03 BTC to 13.734 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually clear 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 clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.