Samourai Wallet mixer
Since digital money is gaining momentum around the world, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a crypto user can remain incognito while forwarding their coins and it came to light that it is not true. Owing to public administration controls, the transactions are meaning that a user’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to blend different parts of it with other transactions used. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Therefore, there is no possibility to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are important 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 crypto mixing services and secure sender’s identity. Many digital currency owners do not want to inform everyone how much they gain or how they spend their money.
There is an opinion among some web surfers that using a mixer is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can one be certain that a scrambler will not steal all the sent coins? This article is here to answer these questions and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed mixers and explain all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are essential aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
There is one option 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 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 mixers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixing services that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins and get them back 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 totally unique crypto mixer is ChipMixer because it is based on the completely another idea comparing to other mixers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.03 BTC to 16.2 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 in advance, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of 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 unique, as the platform requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.