Litecoin mixer - Cryptocurrency tumbler
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces play an important role for the state to trace back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use available crypto tumblers and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know the amount they earn or how they use up their money.
There is a belief among some internet surfers that using a mixer is an criminal action itself. It is not completely true. As outlined above, there is a possibility of coin blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no need to be concerned. There are many services that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a digital currency owner should pay attention while picking a crypto mixer. Which service can be trusted? How can a crypto holder be certain that a mixer will not take all the deposited coins? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed mixers and explain all features on which attention should be focused.
Since bitcoin is gaining momentum around the world, digital money holders have become more conscious about the anonymity of their affairs. Everyone thought that a crypto user can remain disguised while forwarding their coins and it came to light that it is untrue. Owing to public administration controls, the transactions are identifiable meaning that a user’s electronic address and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency mixer.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not uncovered.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to combine coins between the currencies which makes transactions far less traceable.
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 stay incognito, 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. To get a better understanding of crypto mixers, it is essential to consider each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin tumblers that has ever appeared. 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 currency 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 absolutely unique crypto tumbler is ChipMixer because it is based on the completely different principle comparing to other services. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.03 BTC to 13.734 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform in advance, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this mixer: 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 an opportunity to manually cleanse all logs prior to 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 renewed coins are gained from stock exchanges.
