Monero mixer
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks play an important role for the government to trace back criminal transactions, such as purchasing guns, 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 accessible crypto tumblers and secure sender’s identity. Many crypto holders do not want to let everybody know how much they gain or how they use up their money.
There is an opinion among some web surfers that using a mixer is an illegal action itself. It is not entirely correct. As mentioned before, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to mix their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which service can be trusted? How can one be certain that a mixer will not steal all the deposited digital money? This article is here to answer these concerns and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and explain all options on which attention should be focused.
Since digital currency is spinning up around the world, bitcoin holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a crypto user can remain unidentified while forwarding their coins and it turned out that it is untrue. Because of the implementation of government policies, the transactions are traceable which means that a user’s electronic address and even identity can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency mixing service.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Consequently, there is no way to track the transaction back to a user, so one can stay calm that personal identification information is not disclosed.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to mix 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 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 several days or even hours and minutes. For better understanding of crypto mixers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin mixing services that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to deposit one type of coins and receive them 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 absolutely special crypto mixer is ChipMixer because it is based on the totally 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 0.02 BTC to 13.734 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service in advance, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it uses “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 affordable. Retention period is 7 days and each sender has an opportunity to manually clear all logs prior to this period. Another coin scrambler 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
