Ripple mixer. Cryptocurrency tumbler
Since cybercash is gaining momentum around the world, digital money holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain disguised while forwarding their coins and it turned out that it is not true. On account of public administration controls, the transactions are traceable meaning that a user’s e-mail and even identity can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixer.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to blend different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but blended in a completely different set. Consequently, it is impossible to track the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces play an important role for the authorities to trace back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any unlawful 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 owners do not want to let everybody know the amount they earn or how they spend their money.
There is an opinion among some internet users that using a mixing service is an criminal action itself. It is not completely true. As previously stated, there is a possibility of cryptocurrency blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for bitcoin holders to tumbler their coins.
However, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be trusted? How can a crypto holder be certain that a mixing platform will not take all the sent coins? This article is here to reply to these questions and help every crypto owner to make the right choice.
The digital currency mixers presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are important features that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to combine coins between the currencies which makes transactions far less identifiable.
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 remain anonymous, 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 essential to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin mixers that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to send one type of coins and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally extraordinary crypto tumbler is ChipMixer because it is based on the absolutely different rule comparing to other tumblers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 12.11 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service in advance, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: 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 before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period what means 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 renewed coins are obtained from stock exchanges.