Since digital money is spinning up around the world, bitcoin holders have become more aware about the anonymity of their affairs. Everyone used to believe that a crypto user can remain disguised while depositing their digital currencies and it turned out that it is not true. Owing to the implementation of government policies, the transactions are detectable which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a Bitcoin tumbler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to mix different parts of it with other coins. After all a user gets back the same number of coins, but mixed up in a non-identical set. As a result, it is impossible to track the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces are essential for the authorities to trace back illegal transactions, such as purchasing 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 accessible crypto tumblers and secure sender’s identity. Many crypto owners do not want to let everybody know how much they gain or how they use up their money.
There is a belief among some internet users that using a mixing service is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while choosing a crypto mixer. Which service can be relied on? How can one be sure that a mixer will not steal all the sent coins? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential aspects that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.
There is one feature that is not represented 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 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 review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the best Bitcoin mixers 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 less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely unique crypto mixing service is ChipMixer because it is based on the completely another rule comparing to other mixers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 13.734 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service prior to the transaction, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and each sender 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 meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.