Bitcoin mixer wiki

As digital money is gaining momentum worldwide, digital money holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a sender can remain incognito while forwarding their digital currencies and it turned out that it is untrue. On account of the implementation of government policies, the transactions are identifiable which means that a user’s electronic address and even identity can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a crypto scrambler.

To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.

As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are essential for the authorities to track back criminal transactions, such as purchasing 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 available cryptocurrency mixers and secure sender’s personal identity. Many digital currency owners do not want to inform everyone the amount they gain or how they use up their money.

There is an opinion among some internet surfers that using a mixing service is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to blend their coins.

Nevertheless, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which service can be relied on? How can one be sure that a mixer will not take all the sent digital money? This article is here to reply to these questions and help every crypto owner to make the right choice.

The cryptocurrency mixing services presented above are among the top existing mixers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and explain all options on which attention should be focused.

Surely all crypto mixing services 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 cryptocurrency. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, 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 feature helps a user and a transaction itself to remain anonymous, as there is a gap between the deposited 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. For better understanding of crypto tumblers, it is necessary to consider each of them separately.

Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixers that has ever existed. This mixer supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes 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 totally special crypto tumbler is ChipMixer because it is based on the totally different rule comparing to other tumblers. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.04 BTC to 10.11 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing platform in advance, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. 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 anonymous 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 renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.