Bitcoin mixer - Cryptocurrency tumbler
As digital money is gaining momentum across the globe, bitcoin holders have become more aware about the anonymity of their affairs. Everyone was of the opinion that a sender can remain incognito while depositing their coins and it turned out that it is not true. Owing to the implementation of government policies, the transactions are detectable meaning that a user’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency mixing service.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to mix different parts of it with other coins. In the end a user gets back the same number of coins, but blended in a non-identical set. Consequently, it is impossible to trace the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces are essential for the authorities to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use accessible crypto tumbling services and secure sender’s personal identity. Many crypto owners do not want to inform everyone how much they earn or how they spend their money.
There is an opinion among some internet users that using a tumbler is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency 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 blend their coins.
Nevertheless, a digital currency owner should pay attention while picking a crypto mixer. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not steal all the sent digital money? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed mixers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. 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 coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
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 forwarded 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. For better understanding of crypto tumblers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin tumblers that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one currency and receive them in another type of coins. 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 totally unique crypto mixing service is ChipMixer because it is based on the absolutely another principle comparing to other tumblers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 10.11 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it uses “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 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 charged. The process of getting renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
