Since digital money is gaining momentum across the globe, digital money holders have become more conscious about the anonymity of their affairs. Everyone was of the opinion that a crypto user can remain incognito while depositing their digital currencies and it came to light that it is untrue. On account of public administration controls, the transactions are traceable which means that a user’s electronic address 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 crypto tumbler is a software program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. In the end a sender gets back the same number of coins, but blended in a completely different set. Therefore, it is impossible to track the transaction back to a user, so one can stay calm that identity is not disclosed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks are important for the state to track back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use available bitcoin mixing services 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 a belief among some internet users that using a tumbler is an criminal action itself. It is not entirely true. As mentioned before, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for bitcoin holders to blend their coins.
However, a crypto holder should be careful while choosing a digital currency scrambler. Which platform 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 reply to these concerns and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the best existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
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 forwarded coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. For better understanding of crypto tumblers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the best Bitcoin tumblers that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to send one currency and receive them in another currency. This process even increases user’s confidentiality. 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 additional address.
One absolutely special crypto mixer is ChipMixer because it is based on the completely different principle comparing to other mixers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 13.734 BTC which a user can break down 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 service prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and every user has a chance to manually cleanse all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.