Litecoin mixer. Cryptocurrency tumbler
Since digital money is gaining momentum worldwide, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone used to believe that a crypto user can remain unidentified while depositing their digital currencies and it came to light that it is untrue. Owing to 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 frightened, there is an answer to such public administration controls and it is a cyber money mixing service.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to mix several parts of it with other coins. In the end a user gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, 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 not an exception, is imprinted in the blockchain and it leaves marks. These traces are essential for the government to track back outlawed transactions, such as buying guns, 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 accessible bitcoin mixing services and secure sender’s personal identity. Many digital currency holders do not want to inform everyone how much they gain or how they use up their money.
There is a belief among some web surfers that using a scrambler is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not steal all the sent coins? This article is here to answer these questions and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the top existing scramblers that were chosen by customers and are highly recommended. Let’s look closely at the listed mixers and describe all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical options that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to combine coins between the currencies which makes transactions far less traceable.
There is one option 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 sent 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 tumblers, it is essential to review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer 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 swap the coins, in other words to deposit one currency and get them back 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 special crypto tumbler is ChipMixer because it is based on the totally another rule comparing to other tumblers. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.03 BTC to 8.192 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 prior to the transaction, 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 mixer: 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 affordable. Retention period is 7 days and each sender 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 renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.