Ripple mixer. Cryptocurrency tumbler
As digital currency is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone thought that a sender can remain incognito while depositing their coins and it turned out that it is untrue. On account of public administration controls, the transactions are which means that a sender’s e-mail and even identity can be revealed. But don’t be worried, 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 an easy way to mix different parts of it with other coins. In the end a user gets back an equal quantity of coins, but blended in a completely different set. Consequently, it is impossible to track the transaction back to a sender, 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 no different, is carved in the blockchain and it leaves traces. These traces are essential for the government to trace back illegal 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 tracked, it is possible to use accessible crypto tumbling services and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they gain or how they spend their money.
There is a belief among some internet surfers that using a mixing service is an criminal action itself. It is not completely true. As previously stated, there is a possibility of cryptocurrency blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for bitcoin holders to mix their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can one be sure that a scrambler will not take all the sent coins? This article is here to reply to these questions and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed coin tumblers 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 important options that should not be disregarded. 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 provide a sender with more opportunities, some tumblers also allow to mix 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 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 separately.
Based on the experience of many users on the Internet, Blender is one of the best Bitcoin mixing services that has ever appeared. This scrambler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one type of coins and get them back in another type of coins. 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 additional address.
One completely special crypto mixing service is ChipMixer because it is based on the completely another idea comparing to other tumblers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.01 BTC to 10.11 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 platform 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 tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.