As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks are essential for the government to trace back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use available crypto mixers and secure sender’s identity. Many crypto owners do not want to inform everyone how much they gain or how they use up their money.
There is an opinion among some web surfers that using a scrambler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no need 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 picking a bitcoin tumbler. Which platform can be relied on? How can one be sure that a scrambler will not steal all the sent coins? This article is here to reply to these concerns and help every crypto owner to make the right decision.
The crypto scramblers presented above are among the best existing mixers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all aspects on which attention should be focused.
Since bitcoin is spinning up worldwide, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a sender can remain disguised while depositing their coins and it came to light that it is not true. Owing to the implementation of government policies, the transactions are traceable meaning that a sender’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto tumbler.
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. In the end a user gets back an equal quantity of coins, but blended in a non-identical set. As a result, 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 policy, these are essential options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there is a couple of coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
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 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, PrivCoin is one of the top Bitcoin mixers that has ever appeared. This tumbler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one type of coins and get them back in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make 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 absolutely special crypto mixer is ChipMixer because it is based on the absolutely another principle comparing to other tumblers. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can divide 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 prior to the transaction, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually clear all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.