
Cryptocurrency tumbler or cryptocurrency mixing service wiki Wikipedia
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks play an important role for the government to track back illegal 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 bitcoin mixing services and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some internet users that using a mixer is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of crypto blending to become illegal, 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 cryptocurrency owners to blend their coins.
However, a crypto holder should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be certain that a mixing platform will not take all the sent digital money? This article is here to reply to these questions and assist every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all features on which attention should be focused.
Since bitcoin is gaining momentum worldwide, digital money holders have become more aware about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain disguised while depositing their digital currencies and it turned out that it is untrue. On account of public administration controls, the transactions are identifiable meaning that a sender’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 cyber money scrambler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other coins. In the end a user gets back an equal quantity of coins, but mixed up in a non-identical set. As a result, it is impossible to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical options that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
There is one feature that is not represented 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 sent 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 tumblers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, Blender is one of the best Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to deposit one type of coins and get them back in another type of coins. 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 absolutely unique crypto tumbler is ChipMixer because it is based on the absolutely another idea comparing to other services. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 10.11 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform beforehand, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it uses “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 every user has a chance to manually clear all logs before the end of this period. Another mixing platform 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 clean coins are acquired from stock exchanges.
