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 marks. These marks are essential 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 tumbling services and secure sender’s identity. Many bitcoin holders do not want to inform everyone how much they earn or how they use up their money.
There is an opinion among some internet users that using a scrambler is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no point to be concerned. There are many services that are here for cryptocurrency owners to blend their coins.
However, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which service can be relied on? How can a crypto holder be sure that a mixing platform will not take all the deposited 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 tumblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all features on which attention should be focused.
As cybercash is gaining momentum worldwide, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone thought that a crypto user can remain incognito while forwarding their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are detectable which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a Bitcoin tumbler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to mix several parts of it with other coins. In the end 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.
Surely all mixers from the table support no-logs and no-registration policy, these are critical features that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common digital money. 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 mixing services also allow to mix 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 feature helps a user and a transaction itself to stay incognito, 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. 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, CoinMixer is one of the leading Bitcoin mixing services that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to send one currency and receive them in another currency. 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 additional address.
One totally extraordinary crypto mixer is ChipMixer because it is based on the totally another principle comparing to other mixers. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.03 BTC to 12.11 BTC which a user can split 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 service in advance, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this mixer: 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 every user has an opportunity to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.