As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are essential for the state 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 traced, it is possible to use available bitcoin tumbling services and secure sender’s identity. Many crypto holders do not want to let everybody know how much they gain or how they use up their money.
There is an opinion among some internet users that using a mixing service is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should be careful while picking a bitcoin tumbler. Which service can be trusted? How can a crypto holder be certain that a mixer will not steal all the sent digital money? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the best existing mixers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed mixers and describe all features on which attention should be focused.
As digital currency is gaining momentum across the globe, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone thought that a crypto user can remain incognito while forwarding their coins and it came to light that it is untrue. On account of public administration controls, the transactions are identifiable meaning that a user’s e-mail and even identity can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to mix several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, there is no possibility to trace the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
Surely all tumblers from the table support no-logs and no-registration rule, these are important aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.
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 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 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 review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin tumblers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to swap 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 hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely unique crypto mixing service is ChipMixer because it is based on the totally another rule comparing to other mixers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.01 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 nowhere to be found and there is no opportunity 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 applied in a random way making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually cleanse all logs before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.