As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces are important for the government to trace back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible crypto mixers and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know how much they earn or how they spend their money.
There is an opinion among some internet surfers that using a scrambler is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to blend their coins.
However, a crypto holder should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can a crypto holder be certain that a mixing platform will not take all the deposited coins? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the top existing mixers that were chosen by users and are highly recommended. Let’s look closely at the listed mixers and explain all features on which attention should be focused.
As cybercash is gaining momentum across the globe, digital money holders have become more aware about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain incognito while depositing their coins and it came to light that it is not true. Because 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 revealed. But don’t be worried, there is an answer to such public administration controls and it is a cyber money mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. After all a user gets back the same number of coins, but blended in a completely different set. Consequently, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not disclosed.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical options that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend 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 option 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 necessary to review each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin mixers that has ever existed. This scrambler 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 type of coins and receive them in another type of coins. 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 extraordinary crypto mixing service is ChipMixer because it is based on the totally different rule comparing to other services. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.03 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 deposit coins to process. As the chips are sent to the mixing platform beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified 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 mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.