As cybercash is gaining momentum around the world, bitcoin holders have become more conscious about the anonymity of their affairs. Everyone thought that a crypto user can remain disguised while depositing their digital currencies and it came to light that it is untrue. Because of the implementation of government policies, the transactions are identifiable meaning that a user’s electronic address 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 cryptocurrency scrambler.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other transactions used. After all a sender gets back the same number of coins, but blended in a completely different set. Consequently, there is no way to track the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are essential for the government to trace back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use available bitcoin mixing services and secure sender’s identity. Many digital currency owners do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some web surfers that using a tumbler is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to blend 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 certain that a tumbler will not take all the deposited coins? This article is here to answer these questions and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the top existing tumblers that were chosen by customers and are highly recommended. Let’s look closely at the listed crypto mixers and explain all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are important aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
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 outcoming 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. To get a better understanding of crypto tumblers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin mixers that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins and receive them 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 completely extraordinary crypto mixing service is ChipMixer because it is based on the absolutely another idea comparing to other tumblers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 12.11 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder 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 usual fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous 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 meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.