Samourai mixer. Cryptocurrency tumbler
As digital currency is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a crypto user can remain unidentified while depositing their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are meaning that a sender’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cyber money tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. In the end a user gets back an equal quantity of coins, but mixed up in a non-identical set. Therefore, there is no way to track the transaction back to a user, so one can stay calm that identity is not disclosed.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These marks play an important role for the state to track back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use available crypto mixers and secure sender’s personal identity. Many crypto holders do not want to inform everyone the amount they earn or how they spend their money.
There is a belief among some internet surfers that using a scrambler is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of crypto blending to become unlawful, 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 cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can a crypto holder be sure that a scrambler will not take all the sent coins? This article is here to answer these questions and assist every crypto owner to make the right decision.
The crypto scramblers presented above are among the top existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed coin tumblers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical features that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, 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 option helps a user and a transaction itself to remain anonymous, as there is a gap between the sent coins and the outgoing 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 necessary to review each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixers that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform allows a user to exchange the coins, in other words to send one currency and get them back in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One completely extraordinary crypto mixer is ChipMixer because it is based on the absolutely different principle comparing to other tumblers. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 10.11 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, 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 tumbler: it applies “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 each sender has a chance to manually clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.