Bitcoin mixer reddit. Cryptocurrency tumbler
As cybercash is gaining momentum worldwide, digital money holders have become more aware about the anonymity of their purchases. Everyone thought that a sender can remain disguised while forwarding their coins and it turned out that it is not true. Because of the implementation of government policies, the transactions are identifiable meaning that a sender’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money tumbler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. In the end a user gets back the same number of coins, but blended in a completely different set. Therefore, there is no possibility to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks are important for the government to track back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use accessible bitcoin tumblers and secure sender’s identity. Many bitcoin owners do not want to inform everyone how much they earn or how they spend their money.
There is a belief among some web surfers that using a scrambler is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should be careful while picking a digital currency scrambler. Which platform can be trusted? How can one be sure that a mixing platform will not take all the sent digital money? This article is here to answer these concerns and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the leading existing mixers that were chosen by users and are highly recommended. Let’s look into 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 important features that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto tumblers that mix other cryptocurrencies, 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 identifiable.
There is one feature 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 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 tumblers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin tumblers that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make 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 completely extraordinary crypto tumbler is ChipMixer because it is based on the absolutely different rule 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 9.121 BTC which a user can split 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 in advance, following transactions are untraceable and there is no opportunity 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 every user 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 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 renewed coins are obtained from stock exchanges.