Since cybercash is spinning up across the globe, digital money holders have become more aware about the confidentiality of their purchases. Everyone used to believe that a sender can remain incognito while depositing their coins and it came to light that it is untrue. Because of the implementation of government policies, the transactions are detectable which means that a sender’s e-mail and even identity can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, it is impossible to track the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks are important for the government to track back illegal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available cryptocurrency tumbling services and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know how much they gain or how they use up their money.
There is an opinion among some internet users that using a mixer is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should be careful while picking a bitcoin tumbler. Which service can be relied on? How can a crypto holder be certain that a scrambler will not take all the sent coins? This article is here to answer these questions and assist every crypto owner to make the right decision.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed coin tumblers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are essential options that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, 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 traceable.
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 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 a couple of days or even hours and minutes. To get a better understanding of crypto tumblers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin mixing services that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature helps to make a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely extraordinary crypto tumbler is ChipMixer because it is based on the completely different idea comparing to other services. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 8.192 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform beforehand, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this platform: it applies “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 cleanse all logs before the end of this period. Another mixing platform 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 platform requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.