Since digital currency is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their affairs. Everyone was of the opinion that a crypto user can remain incognito while forwarding their digital currencies and it turned out that it is untrue. Because of the implementation of government policies, the transactions are meaning that a user’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. After all a user gets back the same number of coins, but mixed up in a non-identical set. Therefore, there is no possibility to track the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks play an important role for the state to trace back illegal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use accessible cryptocurrency mixing services and secure sender’s personal identity. Many digital currency owners do not want to let everybody know how much they earn or how they use up their money.
There is an opinion among some internet surfers that using a scrambler is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no need to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
Nevertheless, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be trusted? How can a crypto holder be sure that a mixing platform will not take all the deposited coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and describe all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical features that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less identifiable.
There is one option that is not displayed 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 on their own 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 separately.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange 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 additional address.
One absolutely unique crypto mixer is ChipMixer because it is based on the totally another idea comparing to other tumblers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 16.2 BTC which a user can split 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 prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual 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 affordable. 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 applied. The process of getting clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.