As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These traces are important for the authorities to track back illegal 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 accessible crypto mixers and secure sender’s personal identity. Many crypto owners do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some web users that using a mixing service is an criminal action itself. It is not completely correct. As outlined above, there is a possibility of coin blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no point to be concerned. There are many services that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which service can be trusted? How can one be sure that a mixing platform will not steal all the sent coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and explain all options on which attention should be focused.
Since digital currency is spinning up worldwide, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone thought that a crypto user can remain incognito while forwarding their digital currencies and it turned out that it is untrue. Because of public administration controls, the transactions are traceable meaning 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 public administration controls and it is a cryptocurrency tumbler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to mix different parts of it with other transactions used. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Consequently, there is no way to track the transaction back to a sender, so one can stay calm that identity is not uncovered.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are important aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services 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 option helps a user and a transaction itself to remain anonymous, as there is a gap between the deposited coins and the outgoing 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 review each of them separately.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin tumblers that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to interchange 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 confidentiality. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely special crypto mixer is ChipMixer because it is based on the absolutely different idea comparing to other mixers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.03 BTC to 14.954 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified 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 renewed coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.