As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces are essential for the government to trace back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use available crypto tumblers and secure sender’s personal identity. Many digital currency holders do not want to inform everyone how much they gain or how they spend their money.
There is an opinion among some web users that using a tumbler is an criminal action itself. It is not completely correct. As previously stated, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a digital currency owner should be careful while picking a bitcoin tumbler. Which platform can be relied on? How can one be certain that a scrambler will not steal all the deposited coins? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look into the listed mixers and explain all aspects on which attention should be focused.
Since digital currency is gaining momentum across the globe, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone was of the opinion that a crypto user can remain disguised while depositing their coins and it turned out that it is not true. Owing to public administration controls, the transactions are traceable meaning that a sender’s electronic address and even identity can be revealed. 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 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 transactions used. In the end a sender gets back an equal quantity 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 personal identification information is not uncovered.
Surely all mixers from the table support no-logs and no-registration rule, these are essential aspects 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 coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.
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 remain anonymous, as there is a gap between the forwarded 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. For 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 mixers that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to send one type of coins 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 completely extraordinary crypto mixing service is ChipMixer because it is based on the completely different idea comparing to other services. A user does not just 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 divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service beforehand, following 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 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 a chance to manually cleanse all logs prior to this period. Another mixing service 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.