Ripple mixer
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves traces. These marks are essential for the authorities to track back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible crypto mixing services and secure sender’s identity. Many crypto owners do not want to inform everyone how much they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixer is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should be careful while picking a digital currency scrambler. Which platform 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 assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the best existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and explain all features on which attention should be focused.
Since cybercash is gaining momentum across the globe, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain disguised while depositing their coins and it turned out that it is not true. Because of public administration controls, the transactions are traceable which means that a sender’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward way to mix 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 trace the transaction back to a user, so one can stay calm that identity is not revealed.
Surely all mixers from the table support no-logs and no-registration rule, these are essential features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common digital money. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one option 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 forwarded 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 separately.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin mixers that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s anonymity. Time-delay feature makes 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 unique crypto tumbler is ChipMixer because it is based on the completely different idea 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 10.11 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, next transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this mixer: 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 each sender has an opportunity to manually clear all logs before the end of this period. Another coin tumbler 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 unusual, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.