Bitcoin mixer - Cryptocurrency tumbler
As digital currency is gaining momentum across the globe, digital money holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a sender can remain unidentified while depositing their coins and it came to light that it is untrue. Because of public administration controls, the transactions are which means that a user’s electronic address and even personal identification information can be disclosed. But don’t be worried, 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 splits a transaction, so there is an easy way to blend different parts of it with other transactions used. After all a sender gets back the same number of coins, but mixed up in a non-identical set. Consequently, there is no possibility to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These marks are essential for the authorities to track back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use available crypto tumblers and secure sender’s personal identity. Many digital currency owners 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 mixer is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of cryptocurrency mixing 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 tumbler their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be trusted? 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 choice.
The digital currency mixers presented above are among the best existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there is a couple of coin scramblers that mix other cryptocurrencies, 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 trackable.
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 remain anonymous, as there is a gap between the forwarded coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. For better understanding of crypto tumblers, it is essential to consider each of them separately.
Based on the experience of many users on the Internet, Blender is one of the leading Bitcoin mixers that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely special crypto mixing service is ChipMixer because it is based on the totally another idea comparing to other tumblers. A user does not just 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 owner can deposit coins to process. As the chips are sent to the mixing service in advance, 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 clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.