XMR Mixer - Cryptocurrency tumbler
Since digital money is gaining momentum worldwide, bitcoin 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 coins and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are identifiable meaning that a sender’s electronic address and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a Bitcoin mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, it is impossible to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks are important for the government to trace back illegal 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 accessible cryptocurrency tumblers and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know the amount they earn or how they use up their money.
There is a belief among some internet surfers that using a scrambler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for bitcoin holders to blend their coins.
Nevertheless, a crypto holder should be careful while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be certain that a scrambler will not take all the sent coins? This article is here to reply to these concerns and assist every crypto owner to make the right choice.
The digital currency mixers presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed mixers and describe all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend 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 feature 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 by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever appeared. This mixer supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to deposit 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 untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One absolutely special crypto mixing service is ChipMixer because it is based on the completely another idea 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 break down 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 service prior to the transaction, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no standard 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 unidentified and the service itself more affordable. Retention period is 7 days and every user has a chance to manually clear all logs before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.