XMR Mixer. Cryptocurrency tumbler
As bitcoin is spinning up worldwide, digital money holders have become more conscious about the confidentiality of their purchases. Everyone used to believe that a crypto user can remain incognito while depositing their digital currencies and it came to light that it is untrue. Because of the implementation of government policies, the transactions are meaning that a user’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is a straightforward way to blend several parts of it with other coins. After all a user gets back the same number of coins, but mixed up in a completely different set. As a result, there is no possibility to trace the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These marks are essential for the authorities to trace back illegal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use available crypto tumblers and secure sender’s personal identity. Many bitcoin owners 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 tumbler is an criminal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to worry. There are many services that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should be careful while choosing a crypto mixer. Which platform can be trusted? How can one be certain that a mixing platform will not take all the deposited digital money? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing mixers 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.
Surely all mixers from the table support no-logs and no-registration rule, these are essential options that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.
There is one feature that is not displayed 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 forwarded 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 consider each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever appeared. This mixer supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one currency and receive them 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 extra address.
One totally special crypto mixing service is ChipMixer because it is based on the totally different idea comparing to other mixers. A user does not just deposit coins to mix, but makes a wallet and funds it with chips from 0.03 BTC to 12.11 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform in advance, following 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 mixing service: 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 each sender has a chance to manually cleanse all logs prior to 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 mixing service requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.