Bitcoin mixer reddit - Cryptocurrency tumbler

As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces are important for the state to track back criminal transactions, such as buying 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 available bitcoin mixers and secure sender’s personal identity. Many crypto owners do not want to inform everyone the amount they gain or how they use up their money.

There is an opinion among some internet users that using a mixer is an illegal action itself. It is not completely true. As outlined above, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no need to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.

However, a digital currency owner should be careful while choosing a digital currency scrambler. Which platform can be trusted? How can a crypto holder be certain that a mixer will not steal all the sent digital money? This article is here to answer these questions and help every crypto owner to make the right decision.

The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by clients and are highly recommended. Let’s look closely at the listed coin tumblers and explain all options on which attention should be focused.

Since digital currency is gaining momentum around the world, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain incognito while forwarding their coins and it came to light that it is untrue. Because of the implementation of government policies, the transactions are detectable which means that a user’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 cryptocurrency mixing service.

To make it clear, a crypto tumbler is a program that splits a transaction, so there is a straightforward way to blend different parts of it with other coins. In the end 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 trace the transaction back to a user, so one can stay calm that personal identification information is not disclosed.

Surely all crypto mixing services from the table support no-logs and no-registration rule, these are essential options that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most common digital money. 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 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 represented in the above table and it is time-delay. This feature 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 on their own and it can be a couple of days or even hours and minutes. To get a better understanding of crypto tumblers, it is necessary to consider each of them independently.

Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever existed. This mixer supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform 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 makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.

One completely special crypto mixing service 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 0.01 BTC to 9.121 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 platform prior to the transaction, next transactions are untraceable 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 prior to this period. Another coin tumbler 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 mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.