Cryptocurrency tumbler

7119 Просмотров

As maybe some of you know, 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 track back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use accessible bitcoin tumblers and secure sender’s identity. Many bitcoin holders do not want to let everybody know how much they gain or how they use up their money.

There is a belief among some web users that using a tumbler is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s criminal activity, 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 platform can be relied on? How can one be sure that a scrambler will not steal all the sent digital money? This article is here to answer these concerns 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 users and are highly recommended. Let’s look into the listed crypto mixers and describe all aspects on which attention should be focused.

Since cybercash is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone thought that a sender can remain unidentified while depositing their coins and it turned out that it is not true. On account of public administration controls, the transactions are traceable which means that a sender’s electronic address and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency mixer.

To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other coins. After all a user gets back an equal quantity of coins, but blended in a non-identical set. Therefore, there is no possibility to track the transaction back to a sender, so one can stay calm that identity is not revealed.

Surely all mixers from the table support no-logs and no-registration rule, these are critical features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.

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 sent coins and the outgoing transaction. In most cases, users can set the time of delay on their own 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, Blender is one of the leading Bitcoin mixers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes 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 mixer is ChipMixer because it is based on the completely different principle comparing to other tumblers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.04 BTC to 16.2 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform in advance, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this platform: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually cleanse all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period what means 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 gained from stock exchanges.