Samourai mixer - Cryptocurrency tumbler
As digital money is spinning up worldwide, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone thought that a sender can remain incognito while depositing their coins and it came to light that it is untrue. Owing to public administration controls, the transactions are traceable which means that a sender’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to mix 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 completely different set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks are important for the state to track back illegal 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 traced, it is possible to use accessible bitcoin tumbling services and secure sender’s identity. Many bitcoin owners do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some internet users that using a tumbler is an illegal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a crypto holder should pay attention while picking a crypto mixer. Which service can be trusted? How can a crypto holder be certain that a scrambler will not take all the sent digital money? This article is here to answer these questions and assist every crypto owner to make the right choice.
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 crypto mixers and describe all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are important options 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 cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to blend coins between the currencies which makes transactions far less trackable.
There is one option 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 sent coins and the outcoming 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. For better understanding of crypto tumblers, it is necessary to consider 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 currency and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature makes a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely extraordinary crypto mixing service is ChipMixer because it is based on the totally different rule comparing to other mixers. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.04 BTC to 15.638 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following transactions are untraceable 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 affordable. 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 charged. The process of getting renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.