As cybercash is spinning up around the world, digital money holders have become more aware about the anonymity of their transactions. Everyone used to believe that a sender can remain incognito while depositing their digital currencies and it turned out that it is untrue. Owing to public administration controls, the transactions are detectable which means that a user’s e-mail and even identity can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a cyber money tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other transactions used. In the end a user gets back the same number of coins, but mixed up in a completely different set. Therefore, there is no possibility to track the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces play an important role for the state to trace back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use accessible crypto mixing services and secure sender’s personal identity. Many digital currency owners 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 tumbler is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should pay attention while picking a digital currency scrambler. Which platform can be trusted? How can one be certain that a mixer will not take all the deposited coins? This article is here to reply to these questions and assist every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the leading existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed mixers and explain all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are important aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. 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 tumblers also allow to mix coins between the currencies which makes transactions far less traceable.
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 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 on their own and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin tumblers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to deposit one currency 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 additional address.
One absolutely extraordinary crypto mixer is ChipMixer because it is based on the completely different rule 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 14.954 BTC which a user can split 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 it is not possible to connect them with the wallet holder. 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 unidentified and the service itself more affordable. Retention period is 7 days and every user 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.