Ripple mixer - Cryptocurrency tumbler
As digital currency is gaining momentum around the world, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a sender can remain unidentified while depositing their digital currencies and it turned out that it is not true. Because of public administration controls, the transactions are which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but blended in a non-identical set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces play an important role for the government to trace back outlawed 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 traced, it is possible to use available bitcoin mixing services and secure sender’s personal identity. Many digital currency holders 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 mixer is an criminal action itself. It is not completely correct. As outlined above, there is a possibility of coin blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no reason to be concerned. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should pay attention while choosing a crypto mixer. Which platform can be trusted? How can one be sure that a tumbler will not steal all the deposited digital money? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto 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 essential aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few 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 mix 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 feature helps a user and a transaction itself to remain anonymous, as there is a gap between the deposited 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 review each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin mixers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one type of coins and receive them in another type of coins. 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 additional address.
One totally special crypto mixer is ChipMixer because it is based on the absolutely another principle comparing to other mixers. A user does not simply 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 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 platform prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
