Bitcoin mixer. Cryptocurrency tumbler
As digital money is gaining momentum across the globe, digital money holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain unidentified while depositing their digital currencies and it turned out that it is not true. Owing to public administration controls, the transactions are which means that a user’s electronic address and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a cyber money tumbler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. After all a user gets back the same number of coins, but mixed up in a completely different set. Therefore, it is impossible to trace the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are essential for the government to trace back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use available cryptocurrency mixers and secure sender’s personal identity. Many bitcoin holders do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some web surfers that using a mixer is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should pay attention while choosing a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be certain that a scrambler will not take all the sent digital money? This article is here to reply to these questions and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical features that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to blend 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 feature helps a user and a transaction itself to remain anonymous, as there is a gap between the forwarded coins and the outgoing 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 tumblers, it is essential to consider each of them separately.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin tumblers that has ever existed. This tumbler supports not only Bitcoins, 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 get them back in another currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally special crypto mixing service is ChipMixer because it is based on the totally different idea comparing to other services. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.04 BTC to 15.638 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. 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 anonymous and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually clear all logs prior to this period. Another mixing platform 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 tumbler requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.