Litecoin mixer - Cryptocurrency tumbler
As cybercash is spinning up across the globe, digital money holders have become more aware about the anonymity of their purchases. Everyone used to believe that a sender can remain unidentified while forwarding their coins and it turned out that it is not true. Owing to public administration controls, the transactions are identifiable meaning that a sender’s electronic address and even identity can be revealed. 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 cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. 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 user, so one can stay calm that identity is not revealed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are important for the authorities to trace back illegal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use available cryptocurrency tumblers and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some internet users that using a mixing service 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 hide user’s criminal activity, otherwise, there is no reason to be concerned. There are many platforms that are here for bitcoin holders to mix their coins.
However, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which platform can be trusted? How can one be certain that a tumbler will not steal all the deposited coins? This article is here to answer these concerns and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important features that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to mix coins between the currencies which makes transactions far less traceable.
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 stay incognito, as there is a gap between the sent 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 tumblers, it is essential to consider each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one currency and get them back 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 another principle comparing to other tumblers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.01 BTC to 15.638 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing service in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it uses “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 affordable. Retention period is 7 days and each sender has a chance to manually cleanse all logs before the end of this period. Another coin scrambler 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 platform requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
