Monero mixer. Cryptocurrency tumbler
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 are important for the authorities 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 tracked, it is possible to use accessible bitcoin tumblers and secure sender’s personal identity. Many crypto holders do not want to let everybody know the amount they earn or how they spend their money.
There is a belief among some web surfers that using a mixer is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a crypto holder should pay attention while picking a bitcoin tumbler. Which service can be trusted? How can one be sure that a mixer will not take all the deposited coins? This article is here to answer these questions and assist every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the leading existing mixers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed mixers and explain all aspects on which attention should be focused.
As digital currency is spinning up worldwide, digital money holders have become more aware about the anonymity of their purchases. Everyone used to believe that a crypto user can remain unidentified while forwarding their coins and it turned out that it is not true. On account of public administration controls, the transactions are identifiable which means that a sender’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. In the end a sender gets back the same number of coins, but blended in a non-identical set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that identity is not uncovered.
Surely all mixers from the table support no-logs and no-registration rule, these are critical features that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one option 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 on their own and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the leading Bitcoin mixing services that has ever existed. This mixer supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one currency and receive them 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 totally extraordinary crypto tumbler is ChipMixer because it is based on the completely different rule comparing to other services. A user does not just deposit coins to clean, but makes a wallet and funds it with chips from 0.04 BTC to 15.638 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous 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 meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.