Bitcoin blender service
Since digital currency is gaining momentum worldwide, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a sender can remain incognito while depositing their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are traceable which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency mixing service.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but blended in a completely different set. Therefore, it is impossible to track the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces are important for the government to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible cryptocurrency mixers and secure sender’s personal identity. Many bitcoin owners do not want to inform everyone how much they gain or how they spend their money.
There is a belief among some web users that using a mixer is an criminal action itself. It is not completely correct. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to mix their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which service can be relied on? How can one be sure that a scrambler will not steal all the deposited digital money? This article is here to answer these concerns and assist every crypto owner to make the right choice.
The digital currency mixers presented above are among the top existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed mixers and describe 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 options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one option that is not represented in the above table and it is time-delay. This option helps a user and a transaction itself to stay incognito, 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 a couple of days or even hours and minutes. For better understanding of crypto mixers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin tumblers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to send one currency and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature helps to make 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 extraordinary crypto mixing service is ChipMixer because it is based on the absolutely different idea comparing to other tumblers. A user does not just deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 14.954 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 platform beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually clear 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.