Bitcoin mixer wiki

Since bitcoin is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their affairs. Everyone was of the opinion that a sender can remain incognito while forwarding their coins and it turned out that it is not true. Owing to the implementation of government policies, the transactions are identifiable meaning that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a Bitcoin mixer.

To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. After all a sender gets back the same number of coins, but blended in a non-identical set. Consequently, there is no way to trace the transaction back to a sender, so one can stay calm that identity is not revealed.

As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks are important for the government to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency tumblers and secure sender’s identity. Many crypto holders do not want to inform everyone how much they earn or how they use up their money.

There is a belief among some web surfers that using a tumbler is an illegal action itself. It is not entirely 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 reason to be concerned. There are many services that are here for cryptocurrency owners to mix their coins.

However, a crypto holder should pay attention while choosing a bitcoin tumbler. Which platform can be relied on? How can one be certain that a mixer will not steal all the deposited digital money? This article is here to answer these questions and help every bitcoin holder to make the right decision.

The crypto scramblers presented above are among the best existing tumblers that were chosen by clients and are highly recommended. Let’s look into the listed coin tumblers and describe all features on which attention should be focused.

Surely all tumblers from the table support no-logs and no-registration rule, these are critical aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to combine coins between the currencies which makes transactions far less trackable.

There is one feature that is not displayed in the above table and it is time-delay. This option helps a user and a transaction itself to remain anonymous, as there is a gap between the deposited coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. For better understanding of crypto mixers, it is essential to consider each of them independently.

Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin tumblers that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to exchange the coins, in other words to send one type of coins and get them back in another currency. This process even increases user’s confidentiality. 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 totally unique crypto mixing service is ChipMixer because it is based on the absolutely another idea comparing to other services. A user does not just deposit coins to clean, but makes a wallet and funds it with chips from 0.02 BTC to 8.192 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 beforehand, next 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 mixer: it applies “Pay what you like” feature. It means that the fee is randomized 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 before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.