Bitcoin mixer reddit. Cryptocurrency tumbler

Since bitcoin is gaining momentum around the world, digital money holders have become more aware about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain incognito while forwarding their digital currencies and it came to light that it is untrue. Because of public administration controls, the transactions are detectable which means that a user’s electronic address and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency tumbler.

To make it clear, a crypto tumbler is a software program that splits a transaction, so there is a straightforward way to blend several parts of it with other transactions used. In the end a user gets back the same number of coins, but mixed up in a non-identical set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.

As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are essential for the government to trace back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use available bitcoin tumblers and secure sender’s identity. Many bitcoin holders do not want to inform everyone the amount they earn or how they spend their money.

There is an opinion among some internet users that using a mixer is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to tumbler their coins.

Nevertheless, a digital currency owner should be careful while choosing a crypto mixer. Which platform can be trusted? How can one be certain that a mixing platform will not steal all the deposited coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.

The digital currency mixers presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain 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 critical options that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.

There is one option that is not displayed in the above table and it is time-delay. This option helps a user and a transaction itself to remain anonymous, 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 separately.

Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixing services that has ever existed. This mixer supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to deposit one currency and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.

One absolutely extraordinary crypto tumbler is ChipMixer because it is based on the totally different idea comparing to other mixers. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.01 BTC to 16.2 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually cleanse all logs prior to this period. Another mixing service 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 unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.