Ripple mixer. Cryptocurrency tumbler
Since bitcoin is gaining momentum around the world, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone thought that a sender can remain incognito while forwarding their digital currencies and it turned out that it is not true. On account of the implementation of government policies, the transactions are identifiable meaning that a sender’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto scrambler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to blend several parts of it with other transactions used. In the end a user gets back the same number of coins, but blended in a completely different set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks are important for the authorities to trace back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible crypto tumblers and secure sender’s personal identity. Many digital currency owners do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixer is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of cryptocurrency blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no point 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 bitcoin tumbler. Which service can be trusted? How can one be sure that a mixing platform will not steal all the sent digital money? This article is here to answer these questions and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed crypto mixers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to blend coins between the currencies which makes transactions far less trackable.
There is one feature that is not displayed 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 deposited 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. For better understanding of crypto mixers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin mixing services that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and get them back in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make 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 absolutely special crypto tumbler is ChipMixer because it is based on the totally different idea comparing to other services. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.02 BTC to 16.2 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified 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 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 tumbler requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.