Wasabi mixer - Cryptocurrency tumbler
Since cybercash is spinning up around the world, bitcoin holders have become more aware about the anonymity of their transactions. Everyone thought that a sender can remain disguised while depositing their digital currencies and it came to light that it is not true. Owing to public administration controls, the transactions are traceable meaning that a user’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, 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 program that splits 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 the same number of coins, but blended in a non-identical set. Consequently, there is no way to track the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks are important for the state to trace back illegal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency mixing services and secure sender’s identity. Many digital currency owners do not want to inform everyone the amount they gain or how they use up their money.
There is an opinion among some internet surfers that using a mixing service is an criminal action itself. It is not completely true. As previously stated, there is a possibility of crypto mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to be concerned. There are many platforms that are here for bitcoin holders to mix their coins.
However, a crypto holder should be careful while picking a bitcoin tumbler. Which service can be trusted? How can one be certain that a mixing platform will not take all the deposited coins? This article is here to reply to these questions and help every crypto owner to make the right decision.
The crypto scramblers presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s look closely at the listed mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are essential aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto tumblers 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 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 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 a couple of days or even hours and minutes. To get a better understanding of crypto mixers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency 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 unique crypto tumbler is ChipMixer because it is based on the totally different rule comparing to other tumblers. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 12.11 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no usual 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 incognito and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually clear all logs before the end of 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 renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.