As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks are essential for the government to track back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use available cryptocurrency mixers and secure sender’s personal identity. Many digital currency holders do not want to inform everyone how much they gain or how they use up their money.
There is a belief among some web surfers that using a tumbler is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of coin 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 cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should be careful while choosing a bitcoin tumbler. Which service can be relied on? How can a crypto holder be certain that a tumbler 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 crypto scramblers presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s look closely at the listed coin tumblers and explain all aspects on which attention should be focused.
As digital money is spinning up across the globe, bitcoin holders have become more aware about the anonymity of their purchases. Everyone was of the opinion that a sender can remain unidentified while depositing their coins and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are traceable which means that a sender’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto scrambler.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other coins. After all a sender gets back the same number of coins, but mixed up in a non-identical set. Consequently, it is impossible to track the transaction back to a user, so one can stay calm that identity is not uncovered.
Surely all tumblers from the table support no-logs and no-registration policy, these are important options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender 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 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 forwarded 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. For better understanding of crypto mixers, it is necessary to consider each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin mixers that has ever existed. This mixer supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to send one currency and get them back in another type of coins. This process even increases user’s anonymity. 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 totally extraordinary crypto mixing service is ChipMixer because it is based on the completely different principle comparing to other tumblers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.02 BTC to 13.734 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service in advance, following transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this platform: 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 affordable. Retention period is 7 days and every user 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 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.