Samourai mixer - Cryptocurrency tumbler
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks are essential for the authorities to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, 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 gain or how they spend their money.
There is a belief among some web surfers that using a mixing service is an criminal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency blending 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 cryptocurrency owners to tumbler their coins.
However, 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 mixer will not steal all the sent coins? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the leading existing tumblers that were chosen by clients and are highly recommended. Let’s look into the listed coin tumblers and explain all features on which attention should be focused.
As digital money is gaining momentum around the world, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone was of the opinion that a sender can remain incognito while forwarding their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are detectable meaning that a user’s e-mail and even identity can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a crypto mixing service.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to mix several parts of it with other coins. After all a user gets back an equal quantity of coins, but blended in a non-identical set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
Surely all tumblers from the table support no-logs and no-registration rule, these are important options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. 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 options, 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 feature helps a user and a transaction itself to stay incognito, as there is a gap between the sent 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, PrivCoin is one of the top Bitcoin mixing services that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to deposit one type of coins and get them back in another currency. 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 extra address.
One absolutely unique crypto mixing service is ChipMixer because it is based on the totally another idea comparing to other tumblers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.03 BTC to 14.954 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service prior to the transaction, 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 mixing service: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually clear all logs prior to this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.