Samourai Wallet mixer
As digital currency is spinning up around the world, bitcoin holders have become more conscious about the anonymity of their purchases. Everyone used to believe that a crypto user can remain incognito while forwarding their digital currencies and it turned out that it is not true. Because of public administration controls, the transactions are which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a cryptocurrency mixing service is a software program that splits 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 non-identical set. Consequently, there is no way to trace the transaction back to a user, so one can stay calm that identity is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks play an important role for the authorities to track back illegal 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 tracked, it is possible to use available cryptocurrency mixers and secure sender’s personal identity. Many digital currency holders do not want to let everybody know how much they gain or how they use up their money.
There is a belief among some web surfers that using a tumbler is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to mix their coins.
However, a crypto holder should pay attention while picking a bitcoin tumbler. Which platform can be relied on? How can one be sure that a mixer will not steal all the sent digital money? This article is here to reply to these concerns and assist every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed crypto mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are essential features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
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 a couple of days or even hours and minutes. For better understanding of crypto tumblers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixers that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature makes 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 completely extraordinary crypto mixing service is ChipMixer because it is based on the totally another rule comparing to other services. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.02 BTC to 15.638 BTC which a user can split 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 nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixer: it applies “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 every user has a chance to manually cleanse 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 renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.