Monero mixer - Cryptocurrency tumbler
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces are important for the authorities to track back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use accessible crypto tumbling services and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they gain or how they use up their money.
There is a belief among some web users that using a tumbler is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should pay attention while picking a crypto mixer. Which platform can be trusted? How can one be sure that a mixing platform will not steal all the sent digital money? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the top existing mixers that were chosen by users and are highly recommended. Let’s take a closer look at the listed crypto mixers and describe all aspects on which attention should be focused.
Since digital money is spinning up around the world, digital money holders have become more conscious about the anonymity of their purchases. Everyone was of the opinion that a sender can remain incognito while forwarding their digital currencies and it turned out that it is untrue. Owing to public administration controls, the transactions are detectable which means that a sender’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a crypto tumbler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but mixed up in a completely different set. As a result, it is impossible to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
Surely all mixers from the table support no-logs and no-registration rule, these are important options that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to combine 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 option helps a user and a transaction itself to stay incognito, as there is a gap between the forwarded 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, Blender is one of the best Bitcoin mixing services that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to deposit 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 hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One absolutely special crypto mixer is ChipMixer because it is based on the totally different rule comparing to other mixers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.02 BTC to 10.11 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, 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 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 every user has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.