As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks are important for the state to track back illegal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected 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 digital currency holders do not want to let everybody know how much they earn or how they spend their money.
There is a belief among some internet surfers that using a mixing service is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be relied on? How can one be sure that a mixing platform will not take all the sent coins? This article is here to reply to these questions and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the best existing tumblers that were chosen by customers and are highly recommended. Let’s look closely at the listed mixers and explain all features on which attention should be focused.
As digital money is gaining momentum worldwide, digital money holders have become more aware about the anonymity of their purchases. Everyone used to believe that a sender can remain incognito while depositing 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 sender’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a non-identical set. Therefore, there is no way to track the transaction back to a user, so one can stay calm that identity is not disclosed.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. 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 traceable.
There is one feature that is not displayed 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 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. 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, PrivCoin is one of the leading Bitcoin mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap 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 absolutely unique crypto tumbler is ChipMixer because it is based on the totally another rule comparing to other mixers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.04 BTC to 14.954 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing platform beforehand, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this platform: 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 affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse 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 renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.