Ripple mixer - Cryptocurrency tumbler
As maybe some of you are aware, every crypto 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 illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use available crypto mixers and secure sender’s personal identity. Many crypto owners do not want to let everybody know the amount they gain or how they spend their money.
There is an opinion among some web surfers that using a scrambler is an illegal action itself. It is not completely true. As previously stated, there is a possibility of coin blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
Nevertheless, a crypto holder should be careful while picking a digital currency scrambler. Which service can be relied on? How can one be certain that a scrambler will not steal all the deposited digital money? This article is here to reply to these questions and help every crypto owner to make the right choice.
The digital currency mixers presented above are among the best existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed crypto mixers and describe all features on which attention should be focused.
Since bitcoin is spinning up worldwide, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone thought that a sender can remain incognito while depositing their digital currencies and it turned out that it is untrue. Owing to the implementation of government policies, the transactions are detectable meaning that a user’s electronic address and even personal identification information can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a Bitcoin mixing service.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other transactions used. In the end a sender gets back the same number of coins, but blended in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not uncovered.
Surely all mixers from the table support no-logs and no-registration rule, these are important options that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to mix coins between the currencies which makes transactions far less trackable.
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 remain anonymous, as there is a gap between the sent coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixing services that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to send one currency and get them back in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally special crypto tumbler is ChipMixer because it is based on the totally another rule comparing to other mixers. A user does not just deposit coins to mix, but makes a wallet and funds it with chips from 0.04 BTC to 15.638 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing service in advance, following transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this tumbler: 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 each sender has an opportunity to manually clear all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
