Since digital currency is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain unidentified while depositing their coins and it turned out that it is not true. Because of public administration controls, the transactions are meaning that a sender’s electronic address and even identity can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend different parts of it with other coins. After all a sender 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 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 embed in the blockchain and it leaves traces. These traces play an important role for the state to trace back outlawed transactions, such as buying guns, 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 cryptocurrency tumbling services and secure sender’s identity. Many crypto holders do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some web surfers that using a scrambler is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of cryptocurrency blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no need to be concerned. There are many services that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should be careful while picking a bitcoin tumbler. Which service can be relied on? How can a crypto holder be sure that a mixing platform will not steal all the sent digital money? This article is here to reply to these questions and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the top existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend 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 feature helps a user and a transaction itself to remain anonymous, as there is a gap between the forwarded coins and the outcoming transaction. In most cases, users can set the time of delay by themselves 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 existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform 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 makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One totally extraordinary crypto tumbler is ChipMixer because it is based on the absolutely another idea comparing to other mixers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.04 BTC to 14.954 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform in advance, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and every user has a chance to manually cleanse 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 applied. 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.