As maybe some of you know, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are important for the state to trace back outlawed transactions, such as purchasing weapon, 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 accessible crypto tumbling services and secure sender’s personal identity. Many crypto owners do not want to inform everyone the amount they gain or how they spend their money.
There is an opinion among some internet users that using a scrambler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to mix their coins.
Nevertheless, a crypto holder should pay attention while choosing a crypto mixer. Which service can be relied on? How can a crypto holder be certain that a mixer will not steal all the deposited digital money? This article is here to answer these concerns and assist every crypto owner to make the right choice.
The digital currency mixers 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 options on which attention should be focused.
As cybercash is gaining momentum across the globe, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a crypto user can remain incognito while forwarding their digital currencies and it came to light that it is not true. On account of the implementation of government policies, the transactions are detectable which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, 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 splits a transaction, so there is a straightforward way to mix different parts of it with other coins. 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 track the transaction back to a user, so one can stay calm that identity is not revealed.
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 common digital money. Although there is a couple of coin scramblers 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 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 forwarded coins and the outgoing 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 mixers, it is necessary to consider 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 appeared. This mixer supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to send 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 additional address.
One totally extraordinary crypto mixing service is ChipMixer because it is based on the totally another principle comparing to other tumblers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.03 BTC to 10.11 BTC which a user can divide 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 service beforehand, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. 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 cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another mixing platform 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 unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.