As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These marks are essential for the government to trace back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency mixing services and secure sender’s personal identity. Many crypto owners 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 tumbler is an criminal action itself. It is not entirely correct. As mentioned before, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no need to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a digital currency owner should pay attention while choosing a crypto mixer. Which platform can be relied on? How can a crypto holder be certain that a scrambler will not take all the sent coins? This article is here to answer these questions and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and explain all options on which attention should be focused.
As digital money is gaining momentum around the world, digital money holders have become more aware about the anonymity of their affairs. Everyone used to believe that a crypto user can remain incognito while depositing their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are meaning that a sender’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency mixer.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is a straightforward way to mix several parts of it with other transactions used. After all a user gets back an equal quantity of coins, but blended in a non-identical set. Consequently, it is impossible to track the transaction back to a sender, 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 essential features that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less traceable.
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 remain anonymous, as there is a gap between the sent coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the best Bitcoin mixing services that has ever appeared. This mixer supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to deposit one currency 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 mixer is ChipMixer because it is based on the completely different idea comparing to other tumblers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.03 BTC to 16.2 BTC which a user can break down according to their wishes. After chips are included in 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 nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixing service: 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 cost-effective. Retention period is 7 days and every user has an opportunity to manually clear all logs prior to this period. Another coin scrambler 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 mixing service requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.