Bitcoin tumbler. Cryptocurrency tumbler
Since digital money is gaining momentum worldwide, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain unidentified while forwarding their digital currencies and it turned out that it is not true. Owing to the implementation of government policies, the transactions are identifiable which means that a sender’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a Bitcoin mixer.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other transactions used. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. As a result, it is impossible to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks are important for the government to trace back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use available crypto mixers and secure sender’s personal identity. Many digital currency holders do not want to inform everyone the amount they gain or how they use up their money.
There is a belief among some internet surfers that using a scrambler is an illegal action itself. It is not entirely correct. As mentioned before, there is a possibility of coin blending to become unlawful, if it is used to disguise 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 be careful while choosing a bitcoin tumbler. Which service can be trusted? How can a crypto holder be sure that a mixer will not take all the sent coins? This article is here to reply to these questions and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s take a closer look at the listed mixers and describe all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
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 on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto tumblers, 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 mixing services that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to send one type of coins and get them back in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make 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 totally special crypto mixer is ChipMixer because it is based on the absolutely different idea comparing to other services. A user does not simply 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 included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing platform beforehand, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this mixer: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and every user has a chance to manually clear all logs before the end of 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
