As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks play an important role for the government to trace back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible bitcoin tumbling services and secure sender’s identity. Many crypto holders do not want to let everybody know the amount they gain or how they spend their money.
There is a belief among some internet users that using a scrambler is an illegal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a digital currency owner should pay attention while picking a digital currency scrambler. Which platform can be trusted? How can one be sure that a scrambler will not take all the deposited coins? This article is here to reply to these questions and assist every crypto owner to make the right decision.
The crypto scramblers presented above are among the top existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all aspects on which attention should be focused.
As cybercash is spinning up around the world, digital money holders have become more aware about the anonymity of their purchases. Everyone thought that a sender can remain incognito while forwarding their coins and it came to light that it is untrue. On account of public administration controls, the transactions are detectable meaning that a user’s electronic address and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to mix several parts of it with other coins. In the end a user gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, there is no possibility to trace the transaction back to a sender, so one can stay calm that identity is not revealed.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical features 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 tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
There is one feature that is not displayed in the above table and it is time-delay. This feature helps a user and a transaction itself to stay incognito, as there is a gap between the deposited coins and the outgoing 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. For better understanding of crypto mixers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin tumblers that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely unique crypto mixing service is ChipMixer because it is based on the completely different rule comparing to other services. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 12.11 BTC which a user can split 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 platform in advance, next transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this mixer: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually clear all logs before the end of 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 tumbler requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.