As bitcoin is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone thought that a sender can remain disguised while depositing their digital currencies and it turned out that it is not true. Owing to public administration controls, the transactions are meaning that a sender’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency scrambler.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a sender gets back the same number of coins, but mixed up in a completely different set. Therefore, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks are important for the government to trace back illegal transactions, such as buying guns, 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 tumblers and secure sender’s personal identity. Many bitcoin holders do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixer is an illegal action itself. It is not completely true. As outlined above, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to blend their coins.
Nevertheless, a crypto holder should be careful while picking a bitcoin tumbler. Which platform can be trusted? How can one be sure that a mixer will not steal all the sent coins? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the leading existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed mixers and explain all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are essential features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
There is one option 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 outcoming transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. For better understanding of crypto tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin mixing services that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to send one currency and get them back 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 extra address.
One absolutely extraordinary crypto mixing service is ChipMixer because it is based on the absolutely another idea comparing to other services. A user does not simply deposit coins to clean, but makes a wallet and funds it with chips from 0.04 BTC to 10.11 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. 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 unidentified 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 coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.