Samourai Wallet mixer
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces are important for the authorities to track back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use accessible crypto mixing services and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they earn or how they spend their money.
There is an opinion among some internet users that using a mixer is an illegal action itself. It is not entirely true. 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 reason to be concerned. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be certain that a mixing platform will not steal all the deposited digital money? This article is here to answer these concerns and help every crypto owner to make the right choice.
The crypto scramblers presented above are among the leading existing tumblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all options on which attention should be focused.
Since bitcoin is gaining momentum across the globe, digital money holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a crypto user can remain disguised while depositing their coins and it came to light that it is not true. On account of public administration controls, the transactions are which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. After all a user gets back an equal quantity of coins, but blended in a non-identical set. Consequently, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not revealed.
Surely all tumblers from the table support no-logs and no-registration policy, these are essential features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to blend coins between the currencies which makes transactions far less identifiable.
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 forwarded coins and the outgoing 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 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 top Bitcoin mixers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to deposit one type of coins and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction less 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 tumbler is ChipMixer because it is based on the completely different idea comparing to other mixers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 9.121 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: 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 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.