Bitcoin tumbler. Cryptocurrency tumbler
Since digital money is gaining momentum worldwide, digital money holders have become more aware about the anonymity of their affairs. Everyone was of the opinion that a crypto user can remain unidentified while depositing their coins and it came to light that it is not true. Owing to the implementation of government policies, the transactions are identifiable meaning that a user’s electronic address and even personal identification information can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other transactions used. In the end a user gets back the same number of coins, but blended in a completely different set. Consequently, there is no way to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks play an important role for the government to trace back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use available cryptocurrency mixing services and secure sender’s identity. Many crypto holders do not want to inform everyone how much they earn or how they spend their money.
There is an opinion among some web users that using a mixing service is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of coin mixing to become unlawful, 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 cryptocurrency owners to mix their coins.
However, a crypto holder should be careful while picking a bitcoin tumbler. Which service can be relied on? How can a crypto holder be sure that a scrambler will not take all the sent coins? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by clients and are highly recommended. Let’s look closely at the listed coin tumblers and describe all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are important aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common digital money. 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 blend 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 remain anonymous, as there is a gap between the sent coins and the outgoing 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 mixers, it is essential to review each of them independently.
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 exchange the coins, in other words to deposit one currency and receive them in another currency. This process even increases user’s anonymity. Time-delay feature makes a transaction hardly traceable, 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 another rule comparing to other mixers. A user does not simply deposit coins to clean, but makes a wallet and funds it with chips from 0.04 BTC to 10.11 BTC which a user can break down 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 in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no usual 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 unidentified and the service itself more affordable. Retention period is 7 days and every user has a chance to manually clear all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. 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 acquired from stock exchanges.
