Wasabi mixer - Cryptocurrency tumbler
As digital currency is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity of their purchases. Everyone thought that a crypto user can remain unidentified while depositing their digital currencies and it came to light that it is untrue. On account of the implementation of government policies, the transactions are traceable meaning that a sender’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a crypto mixer.
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. After all a sender gets back the same number of coins, but blended in a non-identical set. Therefore, it is impossible to trace the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks play an important role for the government to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use available crypto mixers and secure sender’s personal identity. Many crypto owners do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some internet users that using a scrambler is an illegal action itself. It is not entirely correct. As mentioned before, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
However, a crypto holder should be careful while picking a digital currency scrambler. Which service can be trusted? How can a crypto holder be certain that a mixing platform will not steal all the deposited digital money? This article is here to reply to these questions and assist every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed crypto mixers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical features that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend coins between the currencies which makes transactions far less traceable.
There is one feature 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 a couple of days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to consider 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 scrambler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one type of coins and get them back in another currency. This process even increases user’s confidentiality. 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 completely extraordinary crypto mixer is ChipMixer because it is based on the completely another idea comparing to other services. A user does not just deposit coins to clean, but makes a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can forward 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 mixer: 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 clear all logs prior to this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
