Since digital currency is spinning up worldwide, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain unidentified while forwarding their digital currencies and it came to light that it is untrue. On account of public administration controls, the transactions are traceable meaning that a user’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cyber money mixer.
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 transactions used. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Consequently, it is impossible to trace the transaction back to a user, so one can stay calm that identity is not disclosed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These traces are important for the state to track back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use available bitcoin mixers and secure sender’s personal identity. Many crypto owners do not want to let everybody know the amount they gain or how they use up their money.
There is an opinion among some internet users that using a mixing service is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to mix their coins.
However, a digital currency owner should pay attention while picking a crypto mixer. Which platform can be trusted? How can one be certain that a tumbler will not take all the deposited coins? This article is here to reply to these questions and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and describe all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical aspects that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less traceable.
There is one option that is not displayed in the above table and it is time-delay. This option helps a user and a transaction itself to remain anonymous, as there is a gap between the sent 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 consider each of them independently.
Based on the experience of many users on the Internet, Blender is one of the best Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to send one type of coins and receive them in another type of coins. This process even increases user’s confidentiality. 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 additional address.
One completely extraordinary crypto mixing service is ChipMixer because it is based on the absolutely another rule comparing to other services. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform beforehand, next transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse 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 clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.