Wasabi mixer. Cryptocurrency tumbler
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are important for the government to trace back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency mixers and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they gain or how they use up their money.
There is a belief among some internet surfers that using a mixer is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to mix their coins.
However, a crypto holder should pay attention while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be certain that a mixer will not steal all the sent coins? This article is here to answer these questions and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed mixers and explain all features on which attention should be focused.
As digital currency is spinning up worldwide, digital money holders have become more aware about the confidentiality of their transactions. Everyone thought that a crypto user can remain unidentified while depositing their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are which means that a user’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a crypto mixer.
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 transactions used. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. As a result, it is impossible to track the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
Surely all mixers from the table support no-logs and no-registration rule, these are important aspects 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 coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to mix 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 feature helps a user and a transaction itself to remain anonymous, as there is a gap between the forwarded 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. For better understanding of crypto tumblers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixing services that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to exchange 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 confidentiality. Time-delay feature helps to make 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 completely extraordinary crypto mixing service is ChipMixer because it is based on the absolutely another principle comparing to other services. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.03 BTC to 10.11 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this tumbler: 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 each sender has a chance to manually clear all logs prior to this period. Another coin scrambler 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 mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.