Monero mixer - Cryptocurrency tumbler
Since digital money is gaining momentum across the globe, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a sender can remain unidentified while forwarding their digital currencies and it came to light that it is untrue. On account of public administration controls, the transactions are detectable meaning that a sender’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency mixing service.
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 coins. After all a user gets back an equal quantity of coins, but blended in a non-identical set. Therefore, there is no possibility to track the transaction back to a user, so one can stay calm that personal identification information is not disclosed.
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks are essential for the government to track back outlawed 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 tracked, it is possible to use available cryptocurrency tumbling services and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they earn or how they spend their money.
There is an opinion among some web users that using a mixing service is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should pay attention while choosing a crypto mixer. Which service can be trusted? How can one be certain that a mixing platform will not steal all the sent digital money? This article is here to reply to these questions and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the best existing mixers that were chosen by customers and are highly recommended. Let’s look closely at the listed crypto mixers and explain all options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are important aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one option that is not represented in the above table and it is time-delay. This option 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 on their own and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixing services that has ever appeared. This mixer supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to deposit one currency and get them back 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 extraordinary crypto mixing service is ChipMixer because it is based on the completely another idea comparing to other mixers. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.03 BTC to 10.11 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform beforehand, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no standard 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 unidentified and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually clear all logs prior to this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting clean coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.