Ltc mixer. Cryptocurrency tumbler
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks are essential for the state to track back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use accessible crypto tumbling services and secure sender’s identity. Many bitcoin owners 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 mixer is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of cryptocurrency blending 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.
Nevertheless, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which platform can be trusted? How can one be certain that a scrambler will not take all the sent digital money? This article is here to answer these concerns and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the leading existing tumblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed mixers and explain all options on which attention should be focused.
Since bitcoin is gaining momentum around the world, digital money holders have become more conscious about the anonymity of their purchases. Everyone was of the opinion that a sender can remain unidentified while forwarding their coins and it came to light that it is not true. Owing to public administration controls, the transactions are meaning that a sender’s electronic address and even personal identification information can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a cyber money mixer.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. After all a user gets back the same number of coins, but mixed up in a completely different 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 tumblers from the table support no-logs and no-registration policy, these are important features that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend coins between the currencies which makes transactions far less traceable.
There is one option 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 forwarded coins and the outgoing 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 necessary to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixers that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins and receive them in another type of coins. This process even increases user’s confidentiality. 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 extra address.
One completely extraordinary crypto mixer is ChipMixer because it is based on the completely different rule comparing to other tumblers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.02 BTC to 16.2 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no standard 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 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 mixing platform 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 unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
