Wasabi mixer - Cryptocurrency tumbler
As digital currency is gaining momentum around the world, digital money holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a sender can remain incognito while forwarding their digital currencies and it came to light that it is untrue. Because of public administration controls, the transactions are meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. In the end a user gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks play an important role for the state to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use available cryptocurrency mixing services and secure sender’s identity. Many crypto 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 web users that using a mixing service is an criminal action itself. It is not completely true. As previously stated, there is a possibility of crypto mixing to become illegal, 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 bitcoin holders to tumbler their coins.
However, a crypto holder should pay attention while picking a bitcoin tumbler. Which service can be relied on? How can one be sure that a scrambler will not steal all the deposited coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing tumblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed mixers and explain all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are essential options that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
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 remain anonymous, 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. To get a better understanding of crypto mixers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin tumblers that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to interchange 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 untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally unique crypto mixing service is ChipMixer because it is based on the totally different rule comparing to other services. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. 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 a chance to manually clear all logs before the end of this period. Another mixing service 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 mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.