Bitcoin mixer reddit. Cryptocurrency tumbler
Since bitcoin is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a sender can remain unidentified while depositing their digital currencies and it turned out that it is untrue. Owing to public administration controls, the transactions are detectable which means that a sender’s electronic address and even personal identification information can be disclosed. But don’t be worried, there is an answer to such governmental measures 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 a straightforward way to mix different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but blended in a non-identical set. Consequently, there is no possibility to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These traces are important for the authorities to trace back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use available bitcoin tumbling services and secure sender’s personal identity. Many crypto owners do not want to inform everyone how much they gain or how they use up their money.
There is a belief among some internet users that using a mixing service is an illegal action itself. It is not entirely correct. As mentioned before, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to worry. There are many services that are here for bitcoin holders to blend their coins.
However, a crypto holder should be careful while choosing a digital currency scrambler. Which service can be trusted? How can one be sure that a mixer will not steal all the deposited coins? This article is here to reply to these questions and help every crypto owner to make the right decision.
The crypto scramblers 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 describe all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are important options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to blend coins between the currencies which makes transactions far less traceable.
There is one option that is not displayed 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 deposited 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 tumblers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixing services that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned 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 type of coins. This process even increases user’s anonymity. 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 extra address.
One completely unique crypto mixer is ChipMixer because it is based on the completely different principle comparing to other services. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.04 BTC to 12.11 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service in advance, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: 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 cost-effective. Retention period is 7 days and every user has a chance to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period what means 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 gained from stock exchanges.