Bitcoin tumbler - Cryptocurrency tumbler
As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These traces are important for the authorities to track back outlawed 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 tracked, it is possible to use accessible crypto mixers and secure sender’s identity. Many crypto owners do not want to inform everyone how much they earn or how they spend their money.
There is an opinion among some internet users that using a mixing service is an criminal action itself. It is not completely true. As outlined above, there is a possibility of coin blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no need to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while choosing a crypto mixer. Which service can be trusted? How can a crypto holder be certain that a scrambler will not steal all the sent digital money? This article is here to reply to these concerns and help every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and describe all options on which attention should be focused.
As digital money is gaining momentum worldwide, bitcoin holders have become more aware about the anonymity of their affairs. Everyone was of the opinion that a crypto user can remain incognito while forwarding their coins and it came to light that it is not true. Because of the implementation of government policies, the transactions are traceable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a software 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 an equal quantity of coins, but blended in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that personal identification information is not disclosed.
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 mixing services are used to mix only Bitcoins as the most common digital money. Although there are a few coin scramblers 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 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 tumblers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever appeared. This scrambler 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 deposit one type of coins and receive them in another currency. This process even increases user’s anonymity. 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 absolutely extraordinary crypto mixer is ChipMixer because it is based on the totally another principle comparing to other tumblers. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. 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 acquired from stock exchanges.