Monero mixer - Cryptocurrency tumbler
Since cybercash is gaining momentum worldwide, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone thought that a sender can remain incognito while depositing their coins and it turned out that it is untrue. Because of public administration controls, the transactions are traceable meaning that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. After all a sender gets back the same number of coins, but mixed up in a completely different set. As a result, it is impossible to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These traces play an important role for the authorities to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use available bitcoin tumbling services and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know the amount they earn or how they use up their money.
There is a belief among some web users that using a mixer is an illegal action itself. It is not completely true. As outlined above, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should pay attention 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 answer these questions and assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the top existing mixers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto mixers and describe all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are important options that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one option 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 deposited 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 mixers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction untraceable, 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 mixing service is ChipMixer because it is based on the absolutely different idea comparing to other mixers. A user does not just deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 9.121 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service prior to the transaction, following 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 incognito and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
