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 marks are important for the government to trace back criminal 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 tracked, it is possible to use available crypto tumblers and secure sender’s identity. Many digital currency holders do not want to inform everyone the amount they gain or how they spend their money.
There is a belief among some internet users that using a mixer is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to blend their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which platform can be trusted? How can one be sure that a mixing platform will not steal all the deposited coins? This article is here to answer these concerns and assist every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed coin tumblers and describe all aspects on which attention should be focused.
Since digital currency is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their affairs. Everyone thought that a sender can remain unidentified while depositing their coins and it turned out that it is not true. Owing to public administration controls, the transactions are traceable which means that a user’s electronic address and even identity can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin tumbler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is a straightforward way to mix 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. As a result, it is impossible to trace the transaction back to a user, so one can stay calm that identity is not revealed.
Surely all tumblers from the table support no-logs and no-registration policy, these are important options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.
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 outgoing transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to review each of them independently.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin tumblers that has ever existed. This tumbler 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 send one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes 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 completely unique crypto mixer is ChipMixer because it is based on the totally another idea comparing to other tumblers. A user does not just deposit coins to mix, but makes a wallet and funds it with chips from 0.03 BTC to 12.11 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform in advance, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it uses “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 every user has a chance to manually clear all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.