Wasabi mixer. Cryptocurrency tumbler
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks play an important role for the government to track back outlawed transactions, such as buying weapon, 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 bitcoin tumblers and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some web users that using a tumbler is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be certain that a mixing platform will not take all the deposited coins? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the leading existing tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and describe all aspects on which attention should be focused.
Since digital money is gaining momentum worldwide, digital money holders have become more aware about the confidentiality of their transactions. Everyone thought that a crypto user can remain disguised while depositing their digital currencies and it turned out that it is untrue. Owing to public administration controls, the transactions are identifiable which means that a sender’s e-mail 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 software program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. After all a user gets back the same number of coins, but mixed up in a non-identical set. As a result, there is no way to track the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
Surely all mixers from the table support no-logs and no-registration rule, these are essential 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 mixing platforms that mix other cryptocurrencies, 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 traceable.
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 forwarded coins and the outgoing 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 consider each of them separately.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin tumblers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one type of coins and receive them in another type of coins. 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 extra address.
One totally unique crypto tumbler is ChipMixer because it is based on the totally different principle 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 12.11 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it applies “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 an opportunity to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
