As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks play an important role for the government to trace back outlawed transactions, such as purchasing weapon, 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 available cryptocurrency mixers and secure sender’s personal identity. Many digital currency holders do not want to inform everyone how much they earn or how they spend their money.
There is a belief among some internet users that using a mixing service is an illegal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency 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 cryptocurrency owners to tumbler their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which platform can be trusted? How can one be sure that a tumbler will not steal all the deposited digital money? This article is here to reply to these questions and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto mixers and explain all features on which attention should be focused.
Since bitcoin is spinning up worldwide, digital money holders have become more conscious about the anonymity of their transactions. Everyone was of the opinion that a sender can remain disguised while forwarding their coins and it came to light that it is untrue. On account of public administration controls, the transactions are which means that a user’s electronic address and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other transactions used. After all a user gets back the same number of coins, but blended in a non-identical set. Therefore, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there is a couple of coin scramblers 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 blend coins between the currencies which makes transactions far less trackable.
There is one option that is not represented 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 by themselves and it can be a couple of days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to consider each of them separately.
Based on the experience of many users on the Internet, Blender is one of the leading Bitcoin mixers 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 exchange the coins, in other words to deposit one currency 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 absolutely unique crypto mixing service is ChipMixer because it is based on the totally another rule comparing to other mixers. A user does not just deposit coins to mix, but makes a wallet and funds it with chips from 0.03 BTC to 12.11 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform in advance, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: it applies “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 an opportunity to manually cleanse all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. 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 gained from stock exchanges.