Ripple mixer. Cryptocurrency tumbler
As cybercash is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a sender can remain unidentified while forwarding their coins and it turned out that it is not true. Owing to public administration controls, the transactions are identifiable which means 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 public administration controls and it is a cyber money scrambler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, it is impossible to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves traces. These marks play an important role for the authorities to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use accessible crypto tumblers and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know how much they earn or how they spend their money.
There is an opinion among some internet users that using a tumbler is an illegal action itself. It is not entirely true. As mentioned before, there is a possibility of coin blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to be concerned. There are many services that are here for bitcoin holders to mix their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can one be sure that a mixing platform will not take all the deposited digital money? This article is here to reply to these questions and help every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the leading existing mixers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical features that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few 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 identifiable.
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 remain anonymous, as there is a gap between the forwarded coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, Blender is one of the leading Bitcoin mixers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to deposit one type of coins and receive them in another currency. This process even increases user’s anonymity. 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 additional address.
One completely unique crypto mixer is ChipMixer because it is based on the totally another rule comparing to other services. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 14.954 BTC which a user can break down 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 service beforehand, next 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 tumbler: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed 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.
