As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces play an important role for the state to track back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use accessible bitcoin tumbling services and secure sender’s identity. Many digital currency holders do not want to inform everyone the amount they gain or how they use up their money.
There is a belief among some web users that using a tumbler is an criminal action itself. It is not completely correct. 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 need to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a crypto holder should pay attention while choosing a crypto mixer. Which platform can be trusted? How can one be sure 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 crypto scramblers presented above are among the leading existing mixers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all aspects on which attention should be focused.
Since digital currency is spinning up across the globe, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a sender can remain disguised while forwarding their coins and it turned out that it is not true. On account of public administration controls, the transactions are identifiable which means that a user’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto mixing service.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. After all a user gets back the same number of coins, but blended in a completely different set. Therefore, there is no way to track the transaction back to a sender, so one can stay calm that identity is not uncovered.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are essential aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few 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 blend 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 forwarded coins and the outcoming 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 leading Bitcoin mixers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this platform allows a user to exchange the coins, in other words to send one currency and receive them in another currency. 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 additional address.
One absolutely special crypto mixing service is ChipMixer because it is based on the absolutely different principle comparing to other services. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.01 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, next transactions are untraceable and it is not possible 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 applied in a random way making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and each sender has a chance 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 renewed coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.