As digital currency is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone thought that a crypto user can remain incognito while depositing their digital currencies and it came to light that it is not true. Because of the implementation of government policies, the transactions are detectable meaning that a sender’s electronic address and even identity can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other transactions used. After all a user gets back the same number of coins, but mixed up in a completely different set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks play an important role for the government to track back criminal 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 cryptocurrency mixers and secure sender’s identity. Many bitcoin holders do not want to inform everyone how much they gain or how they spend their money.
There is a belief among some web users that using a mixing service is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can one be sure that a tumbler will not steal all the deposited digital money? This article is here to reply to these questions and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed mixers and explain all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are important features that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend 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 stay incognito, 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 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, Blender is one of the leading Bitcoin mixers that has ever appeared. This scrambler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange 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 helps to make a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One absolutely special crypto mixer is ChipMixer because it is based on the absolutely different rule comparing to other mixers. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.04 BTC to 9.121 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.