Bitcoin mixer - Cryptocurrency tumbler
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces are essential for the state to trace back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible crypto tumbling services and secure sender’s personal identity. Many digital currency owners do not want to let everybody know the amount they gain or how they use up their money.
There is an opinion among some internet users that using a tumbler is an criminal action itself. It is not entirely true. As mentioned before, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for cryptocurrency owners to blend their coins.
Nevertheless, a digital currency owner should be careful while choosing a crypto mixer. Which platform can be relied on? How can one be sure that a mixer will not take all the deposited coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed crypto mixers and describe all aspects on which attention should be focused.
As digital money is gaining momentum worldwide, digital money holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are traceable which means that a sender’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a Bitcoin mixing service.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to blend several parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, 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 critical features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one feature that is not represented in the above table and it is time-delay. This option helps a user and a transaction itself to remain anonymous, as there is a gap between the forwarded coins and the outgoing 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. For better understanding of crypto tumblers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, Blender is one of the leading Bitcoin mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make 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 totally special crypto tumbler is ChipMixer because it is based on the totally another rule comparing to other mixers. A user does not just deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 9.121 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 service beforehand, 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 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 each sender has a chance to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
