As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks play an important role for the state to track back illegal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use available crypto tumbling services and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know the amount they gain or how they spend their money.
There is an opinion among some internet surfers that using a mixer is an criminal action itself. It is not completely correct. As previously stated, there is a possibility of coin blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no reason to be concerned. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a crypto holder should be careful while choosing a crypto mixer. Which platform can be trusted? How can one be certain that a tumbler will not take all the deposited digital money? This article is here to answer these questions and help every crypto owner to make the right choice.
The crypto scramblers presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed coin tumblers and describe all features on which attention should be focused.
As digital currency is gaining momentum worldwide, bitcoin holders have become more aware about the anonymity of their purchases. Everyone used to believe that a sender can remain disguised while depositing their coins and it turned out that it is untrue. On account of the implementation of government policies, the transactions are identifiable meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cyber money mixer.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to blend several parts of it with other transactions used. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not disclosed.
Surely all mixers from the table support no-logs and no-registration policy, these are critical options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. 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 opportunities, some tumblers also allow to mix 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 feature helps a user and a transaction itself to stay incognito, as there is a gap between the sent 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 independently.
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 the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one currency and get them back in another currency. This process even increases user’s anonymity. Time-delay feature makes 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 completely special crypto mixer is ChipMixer because it is based on the absolutely another principle comparing to other mixers. A user does not simply deposit coins to clean, but makes a wallet and funds it with chips from 0.03 BTC to 15.638 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder 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 owner. There is no standard fee for transactions on this platform: it uses “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 every user has a chance to manually cleanse all logs prior to this period. Another coin tumbler 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 unusual, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.