Since bitcoin is gaining momentum worldwide, digital money holders have become more aware about the anonymity of their purchases. Everyone thought that a sender can remain incognito while forwarding their digital currencies and it came to light that it is not true. Owing to public administration controls, the transactions are identifiable which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a crypto mixing service.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, there is no way to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you are aware, 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 trace back criminal 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 available bitcoin mixers and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know how much they earn or how they use up their money.
There is an opinion among some web surfers that using a scrambler is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for cryptocurrency owners to tumbler their coins.
However, a crypto holder should be careful while picking a bitcoin tumbler. Which service can be trusted? How can a crypto holder be certain that a tumbler will not take all the deposited digital money? This article is here to answer these concerns and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look 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 important options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
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 stay incognito, as there is a gap between the forwarded 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, CryptoMixer is one of the leading Bitcoin mixers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to deposit one currency and receive them 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 totally unique crypto mixer is ChipMixer because it is based on the absolutely another principle comparing to other services. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 9.121 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service beforehand, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard 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 incognito and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually cleanse all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.