Bitcoin mixer reddit. Cryptocurrency tumbler

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Since digital currency is gaining momentum across the globe, digital money holders have become more aware about the confidentiality of their affairs. Everyone thought that a sender can remain disguised while forwarding their coins and it came to light that it is untrue. On account of the implementation of government policies, the transactions are traceable which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a Bitcoin mixing service.

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 different parts of it with other coins. After all a user gets back an equal quantity of coins, but blended in a completely different set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not disclosed.

As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks are essential for the authorities to trace back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available crypto tumblers and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they gain or how they use up their money.

There is an opinion among some internet users that using a mixing service is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of cryptocurrency 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 blend their coins.

However, a crypto holder should pay attention while choosing a crypto mixer. Which platform can be trusted? How can a crypto holder be sure that a scrambler will not take all the deposited digital money? This article is here to reply to these concerns and assist every crypto owner to make the right choice.

The cryptocurrency mixing services presented above are among the top existing mixers 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 mixers from the table support no-logs and no-registration policy, these are critical features that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to combine 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 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. To get a better understanding of crypto mixers, it is necessary to consider each of them separately.

Based on the experience of many users on the Internet, Blender is one of the top Bitcoin mixers that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to swap 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 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 tumbler is ChipMixer because it is based on the absolutely different rule comparing to other mixers. A user does not just deposit coins to mix, but creates a wallet and funds it with chips from 0.02 BTC to 16.2 BTC which a user can break down 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 beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually clear all logs prior to this period. Another coin tumbler 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 mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.