As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks play an important role for the state to track back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use available cryptocurrency tumbling services and secure sender’s identity. Many bitcoin owners do not want to let everybody know the amount they earn or how they spend their money.
There is an opinion among some web users that using a mixing service is an criminal action itself. It is not entirely true. As outlined above, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while picking a digital currency scrambler. Which platform can be trusted? How can one be sure that a mixer will not steal all the sent coins? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the top existing tumblers that were chosen by customers and are highly recommended. Let’s look closely at the listed coin tumblers and describe all options on which attention should be focused.
As bitcoin is gaining momentum around the world, digital money holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain unidentified while forwarding their coins and it came to light that it is untrue. On account of the implementation of government policies, the transactions are identifiable meaning that a sender’s e-mail and even personal identification information can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a crypto mixing service.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but blended in a completely different set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are essential options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services 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 stay incognito, as there is a gap between the deposited 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 mixers, it is necessary to consider each of them separately.
Based on the experience of many users on the Internet, Blender is one of the leading Bitcoin mixers that has ever existed. This tumbler supports not only Bitcoins, but also other aforementioned crypto coins. 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 untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally unique crypto tumbler is ChipMixer because it is based on the totally different rule comparing to other tumblers. A user does not merely deposit coins to mix, but makes 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 holder can deposit coins to process. As the chips are sent to the mixing service in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually clear all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.