Samourai mixer - Cryptocurrency tumbler
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These marks are important for the state to trace back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible bitcoin tumblers and secure sender’s identity. Many bitcoin holders do not want to let everybody know the amount they gain or how they use up their money.
There is a belief among some internet surfers that using a tumbler is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of coin blending 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 bitcoin holders to tumbler their coins.
However, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be relied on? How can one be certain that a mixer will not take all the deposited coins? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by users and are highly recommended. Let’s look into the listed mixers and describe all features on which attention should be focused.
Since bitcoin is spinning up across the globe, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone was of the opinion that a sender can remain unidentified while depositing their coins and it came to light that it is not true. Because of the implementation of government policies, the transactions are traceable which means 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 public administration controls 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 coins. In the end a user gets back an equal quantity of coins, but blended in a non-identical set. As a result, there is no way to track the transaction back to a user, so one can stay calm that identity is not revealed.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to blend coins between the currencies which makes transactions far less trackable.
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 remain anonymous, 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 mixers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the leading Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to send one type of coins and get them back in another type of coins. 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 completely unique crypto mixing service is ChipMixer because it is based on the completely another rule comparing to other tumblers. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 9.121 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: 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 affordable. Retention period is 7 days and every user has a chance to manually cleanse all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
