Bitcoin mixer - Cryptocurrency tumbler
As maybe some of you realize, every crypto 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 illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible bitcoin mixers 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 web surfers that using a mixing service is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of cryptocurrency 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 bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should be careful while picking a digital currency scrambler. Which platform can be trusted? How can one be sure that a mixer will not steal all the deposited coins? This article is here to reply to these questions and help every bitcoin holder to make the right choice.
The digital currency mixers 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 aspects on which attention should be focused.
As bitcoin is gaining momentum around the world, digital money holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is not true. Owing to public administration controls, the transactions are traceable which means that a user’s e-mail and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a Bitcoin mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. 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 sender, so one can stay calm that identity is not uncovered.
Surely all mixers from the table support no-logs and no-registration rule, these are critical options that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers 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 option helps a user and a transaction itself to stay incognito, 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 a couple of 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, Blender is one of the top Bitcoin mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other aforementioned cryptocurrencies. 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 confidentiality. 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 absolutely special crypto tumbler is ChipMixer because it is based on the completely different rule comparing to other tumblers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually clear all logs before the end of this period. Another mixing service 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 unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.