Bitcoin tumbler - Cryptocurrency tumbler
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces play an important role for the government to trace back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use available cryptocurrency tumbling services and secure sender’s personal identity. Many crypto owners do not want to inform everyone how much they gain or how they spend their money.
There is an opinion among some web surfers that using a mixer is an illegal 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 hide user’s criminal activity, otherwise, there is no reason to be concerned. There are many platforms that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be certain that a tumbler will not steal all the sent digital money? This article is here to reply to these questions and assist every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the leading existing mixers that were chosen by customers and are highly recommended. Let’s look into the listed crypto mixers and describe all features on which attention should be focused.
Since digital currency is gaining momentum worldwide, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a crypto user can remain unidentified while forwarding their coins and it turned out that it is not true. Because of the implementation of government policies, the transactions are identifiable which means that a user’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. As a result, there is no way to track the transaction back to a user, so one can stay calm that identity is not disclosed.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical features that should not be disregarded. Most of the mixing services 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 combine coins between the currencies which makes transactions far less identifiable.
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 stay incognito, as there is a gap between the deposited 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. For better understanding of crypto tumblers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the leading Bitcoin mixers that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to exchange the coins, in other words to send one currency and get them back in another type of coins. 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 extraordinary crypto tumbler is ChipMixer because it is based on the absolutely different rule comparing to other tumblers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 15.638 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service prior to the transaction, 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 mixer: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more cost-effective. 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 clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.