XMR Mixer. Cryptocurrency tumbler
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves traces. These marks are essential for the state to trace back illegal transactions, such as purchasing 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 crypto tumbling services and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know how much they gain or how they use up their money.
There is a belief among some internet users that using a scrambler is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a digital currency owner should be careful while choosing a bitcoin tumbler. Which service can be trusted? How can one be certain that a mixer will not steal all the deposited digital money? This article is here to reply to these concerns and assist every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s look closely at the listed mixers and explain 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 purchases. Everyone thought that a crypto user can remain incognito while forwarding their coins and it came to light that it is untrue. Owing to public administration controls, the transactions are which means that a user’s electronic address and even identity can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency 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 blend different parts of it with other transactions used. In the end a sender gets back the same number of coins, but blended in a non-identical set. Therefore, it is impossible to track the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
Surely all mixers from the table support no-logs and no-registration policy, these are essential aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, 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 stay incognito, as there is a gap between the deposited coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one currency and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely extraordinary crypto tumbler is ChipMixer because it is based on the completely different principle comparing to other tumblers. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 9.121 BTC which a user can break down 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 prior to the transaction, 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 applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and every user has an opportunity 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 applied. The process of getting clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
