As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These marks play an important role for the government to trace back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available bitcoin mixing services and secure sender’s identity. Many crypto holders do not want to let everybody know the amount they gain or how they use up their money.
There is an opinion among some web surfers that using a scrambler is an illegal action itself. It is not entirely 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 bitcoin holders to tumbler their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can one be sure that a scrambler will not take all the deposited digital money? This article is here to reply to these questions and help every crypto owner to make the right choice.
The digital currency mixers presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s look closely at the listed mixers and describe all features on which attention should be focused.
Since digital money is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone thought that a sender can remain unidentified while forwarding their digital currencies and it turned out that it is untrue. Owing to the implementation of government policies, the transactions are which means that a user’s e-mail and even personal identification information can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a cyber money scrambler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend several parts of it with other coins. After all a sender gets back the same number of coins, but blended in a completely different set. Consequently, there is no possibility to trace the transaction back to a sender, 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 critical options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers 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 option that is not displayed 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 deposited 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. For better understanding of crypto mixers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin tumblers that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to send one type of coins and get them back in another currency. This process even increases user’s confidentiality. 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 additional address.
One totally unique crypto mixing service is ChipMixer because it is based on the totally different idea comparing to other services. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 12.11 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing service prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this platform: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually cleanse all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.