As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks play an important role for the state to trace back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use available 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 spend their money.
There is a belief among some web users that using a mixer is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, 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 bitcoin holders to mix their coins.
However, a crypto holder should be careful while choosing a bitcoin tumbler. Which service can be trusted? How can one be sure that a mixer will not steal all the deposited digital money? This article is here to reply to these questions and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing tumblers that were chosen by clients and are highly recommended. Let’s look into the listed coin tumblers and describe all features on which attention should be focused.
Since digital currency is gaining momentum around the world, digital money holders have become more aware about the anonymity of their purchases. Everyone thought that a sender can remain unidentified while depositing their coins and it came to light that it is not true. On account of the implementation of government policies, the transactions are meaning that a sender’s electronic address and even identity can be disclosed. But don’t be worried, 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 a straightforward way to blend several parts of it with other coins. After all a sender gets back an equal quantity of coins, but blended in a non-identical set. As a result, there is no way to track the transaction back to a user, so one can stay calm that identity is not revealed.
Surely all tumblers from the table support no-logs and no-registration rule, these are important options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
There is one feature that is not displayed in the above table and it is time-delay. This option helps a user and a transaction itself to stay incognito, as there is a gap between the sent coins and the outcoming 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. To get a better understanding of crypto tumblers, it is necessary to consider each of them separately.
Based on the experience of many users on the Internet, Blender is one of the best Bitcoin tumblers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one type of coins and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make 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 idea comparing to other mixers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 13.734 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform in advance, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: 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 every user has an opportunity to manually cleanse all logs before the end of 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 tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.