Litecoin mixer. Cryptocurrency tumbler
Since digital money is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone thought that a sender can remain incognito while depositing their digital currencies and it turned out that it is not true. On account of public administration controls, the transactions are identifiable meaning that a user’s electronic address and even identity can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin 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 blended in a non-identical set. Therefore, 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 crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are essential for the state to track back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use available cryptocurrency tumblers and secure sender’s identity. Many crypto 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 internet users that using a tumbler is an illegal action itself. It is not completely true. As outlined above, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no reason to be concerned. There are many services that are here for bitcoin holders to tumbler their coins.
However, a digital currency owner should be careful while choosing a crypto mixer. Which platform can be trusted? How can a crypto holder be sure that a scrambler will not steal all the sent digital money? This article is here to answer these concerns and assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the best existing mixers that were chosen by clients and are highly recommended. Let’s look into the listed coin tumblers and describe all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to mix 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 feature helps a user and a transaction itself to remain anonymous, as there is a gap between the sent coins and the outcoming 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 separately.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever existed. This scrambler 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 deposit one type of coins and get them back 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 special crypto tumbler is ChipMixer because it is based on the absolutely another idea comparing to other tumblers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.04 BTC to 14.954 BTC which a user can split 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 prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet owner. 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 incognito and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually clear all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.