Ripple mixer
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves traces. These traces are important for the authorities to track back illegal 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 tracked, it is possible to use available crypto mixing services and secure sender’s personal identity. Many digital currency holders do not want to let everybody know how much they gain or how they spend their money.
There is a belief among some internet surfers that using a mixer is an illegal action itself. It is not entirely correct. As mentioned before, there is a possibility of coin blending to become unlawful, 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 blend their coins.
Nevertheless, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be trusted? How can one be sure that a mixer will not take all the deposited digital money? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The crypto scramblers 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 coin tumblers and describe all options on which attention should be focused.
Since digital money is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their purchases. Everyone used to believe that a sender can remain unidentified while forwarding their coins and it came to light that it is untrue. Because of the implementation of government policies, the transactions are identifiable which means that a user’s electronic address and even identity 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 program that splits a transaction, so there is a straightforward way to blend different parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that identity is not uncovered.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are important aspects that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers 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 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 several days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixers that has ever existed. This mixer supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one currency and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make 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 completely special crypto mixing service is ChipMixer because it is based on the totally different rule comparing to other mixers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.01 BTC to 15.638 BTC which a user can break down 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 beforehand, next transactions are nowhere to be found 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 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 clear all logs before the end of this period. Another mixing service 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 tumbler requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.