As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces are important for the state to track back outlawed transactions, such as purchasing weapon, 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 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 scrambler is an criminal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency mixing to become unlawful, 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 blend their coins.
However, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be relied on? How can a crypto holder be certain that a scrambler 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 decision.
The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and describe all features on which attention should be focused.
Since digital money is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a sender can remain incognito while depositing their coins and it turned out that it is not true. Because of public administration controls, the transactions are detectable which means that a sender’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a Bitcoin scrambler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward way to blend different parts of it with other coins. In the end a sender gets back the same number of coins, but blended in a non-identical set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not revealed.
Surely all mixers from the table support no-logs and no-registration rule, these are important aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto tumblers 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 identifiable.
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 stay incognito, as there is a gap between the sent coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to review each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin mixing services that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one type of coins and get them back in another currency. This process even increases user’s anonymity. Time-delay feature helps to make 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 extraordinary crypto mixer is ChipMixer because it is based on the completely another idea comparing to other tumblers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 8.192 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and there is no opportunity 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 anonymous 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 what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.