Bitcoin mixer reddit. Cryptocurrency tumbler
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These traces are essential for the state to track back criminal 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 identity. Many crypto holders do not want to inform everyone how much they gain or how they spend their money.
There is an opinion among some internet surfers that using a scrambler is an criminal action itself. It is not completely true. As outlined above, there is a possibility of coin blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a crypto holder should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be sure that a mixer will not steal all the sent coins? This article is here to reply to these questions and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the top existing tumblers that were chosen by customers and are highly recommended. Let’s look into the listed coin tumblers and describe all features on which attention should be focused.
As cybercash is gaining momentum around the world, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone was of the opinion that a sender can remain unidentified while depositing their coins and it turned out that it is not true. On account of the implementation of government policies, the transactions are which means that a user’s electronic address and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a Bitcoin scrambler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. In the end a user gets back the same number of coins, but blended in a non-identical set. Therefore, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
Surely all mixers from the table support no-logs and no-registration rule, these are essential options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to combine coins between the currencies which makes transactions far less identifiable.
There is one option 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 forwarded coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to consider 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 existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and get them back in another currency. This process even increases user’s anonymity. Time-delay feature helps to make a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely unique crypto tumbler is ChipMixer because it is based on the absolutely another principle comparing to other services. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.04 BTC to 15.638 BTC which a user can break down 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 untraceable and there is no opportunity to connect them with the wallet owner. 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 incognito 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 mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
