Wasabi mixer - Cryptocurrency tumbler
Since bitcoin is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a sender can remain disguised while forwarding their digital currencies and it turned out that it is untrue. Because of the implementation of government policies, the transactions are traceable which means that a sender’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is a straightforward way to mix several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a completely different set. As a result, there is no way to track the transaction back to a user, so one can stay calm that identity is not disclosed.
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 play an important role for the government to track back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated 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 bitcoin holders do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some web surfers that using a scrambler is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no need to be concerned. There are many platforms 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 scrambler will not steal all the deposited digital money? This article is here to answer these questions and assist every crypto owner to make the right choice.
The digital currency mixers presented above are among the best existing scramblers that were chosen by clients 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 tumblers from the table support no-logs and no-registration policy, these are critical aspects that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one option that is not displayed 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 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 essential to consider 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 Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to send one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction untraceable, 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 idea comparing to other services. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.04 BTC to 13.734 BTC which a user can break down 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 service in advance, next 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 randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually clear all logs prior to this period. Another coin tumbler 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 platform requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.