As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks play an important role for the authorities to track back criminal 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 traced, it is possible to use available cryptocurrency mixers and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they gain or how they use up their money.
There is a belief among some web surfers that using a mixing service is an illegal 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 illegal actions, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to mix their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which service can be relied on? How can a crypto holder be certain that a scrambler will not take all the deposited coins? This article is here to answer these questions and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the best existing tumblers 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.
As digital currency is spinning up around the world, bitcoin holders have become more aware about the anonymity of their purchases. Everyone thought that a crypto user can remain disguised while forwarding their coins and it came to light that it is not true. Owing to public administration controls, the transactions are identifiable which means that a user’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cyber money scrambler.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other transactions used. After all a sender gets back the same number of coins, but blended in a completely different set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that identity is not disclosed.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to mix 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 feature 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 several days or even hours and minutes. For better understanding of crypto mixers, it is necessary to consider each of them separately.
Based on the experience of many users on the Internet, CryptoMixer is one of the best Bitcoin mixing services that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s anonymity. 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 extra address.
One completely extraordinary crypto mixer is ChipMixer because it is based on the completely different principle comparing to other tumblers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 10.11 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 prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito 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 meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.