Bitcoin mixer reddit - Cryptocurrency tumbler
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks play an important role for the authorities to trace back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available crypto tumbling services 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 web users that using a scrambler is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which platform can be relied on? How can one be certain that a scrambler will not steal all the sent digital money? This article is here to answer these questions and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto mixers and describe all features on which attention should be focused.
As digital money is spinning up around the world, digital money holders have become more conscious about the anonymity of their transactions. Everyone thought that a crypto user can remain unidentified while depositing their coins and it came to light that it is not true. Owing to public administration controls, the transactions are identifiable which means 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 crypto scrambler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward way to blend several parts of it with other coins. After all a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Therefore, there is no possibility to track the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
Surely all mixers from the table support no-logs and no-registration policy, these are important features that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to mix 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 stay incognito, as there is a gap between the sent coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is necessary to consider each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin mixing services that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One completely special crypto mixing service is ChipMixer because it is based on the absolutely different idea comparing to other services. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.01 BTC to 15.638 BTC which a user can divide 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 service 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 standard fee for transactions on this mixing service: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
