Ripple mixer
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are essential for the state to track back illegal transactions, such as buying guns, 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 available crypto tumbling services and secure sender’s identity. Many crypto owners do not want to let everybody know the amount they gain or how they spend their money.
There is a belief among some internet users that using a tumbler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of cryptocurrency blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no point to be concerned. There are many platforms that are here for cryptocurrency owners to blend their coins.
Nevertheless, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be sure that a mixer will not take all the deposited coins? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the best existing mixers that were chosen by customers and are highly recommended. Let’s look closely at the listed coin tumblers and explain all features on which attention should be focused.
Since cybercash is gaining momentum around the world, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a crypto user can remain disguised while depositing their digital currencies and it came to light that it is not true. Because of the implementation of government policies, the transactions are detectable meaning that a sender’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a Bitcoin tumbler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy 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. Therefore, there is no possibility to trace the transaction back to a sender, so one can stay calm that identity is not uncovered.
Surely all tumblers from the table support no-logs and no-registration policy, these are important 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 provide a sender with 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 represented in the above table and it is time-delay. This feature helps a user and a transaction itself to stay incognito, as there is a gap between the deposited 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. For better understanding of crypto mixers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixers that has ever existed. This mixer supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to deposit 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 hardly 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 tumbler is ChipMixer because it is based on the absolutely different idea comparing to other mixers. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 12.11 BTC which a user can split 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 platform prior to the transaction, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is applied in a random way 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 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 charged. The process of getting clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.