Bitcoin mixer - Cryptocurrency tumbler
As bitcoin is gaining momentum around the world, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a sender can remain incognito while depositing their coins and it turned out that it is untrue. Because of public administration controls, the transactions are which means that a user’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a crypto scrambler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. As a result, there is no way to trace the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These traces are essential for the authorities to trace back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency mixing services and secure sender’s identity. Many crypto holders do not want to let everybody know the amount they earn or how they spend their money.
There is an opinion among some internet users that using a mixer is an criminal action itself. It is not completely correct. As outlined above, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no need to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should be careful while picking a digital currency scrambler. Which service can be trusted? How can one be sure that a scrambler will not steal all the deposited digital money? This article is here to answer these questions and help every bitcoin holder to make the right choice.
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 mixers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.
There is one option 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 outgoing transaction. In most cases, users can set the time of delay on their own 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 separately.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever existed. This mixer supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to send one type of coins and get them back in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally unique crypto tumbler is ChipMixer because it is based on the completely different idea comparing to other services. A user does not just deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 16.2 BTC which a user can divide according to their wishes. After chips are included in 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 mixer: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has a chance to manually cleanse all logs prior to this period. Another coin scrambler 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 mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
