Many users have had their accounts frozen for precisely this reason. ChipMixer Best Bitcoin and Tumbler Mixer ChipMixer, found online at ChipMixer, is an anonymization service catered to bitcoin users. If you get so-called "tainted" coins, then those coins could be tracked to you, and you could be punished despite the fact you had nothing to do with the illegal activity. ChipMixer is one such mixing service. Many people believe that bitcoin is a fully anonymous currency, or that bitcoin payments are untraceable. That’s why many people choose to use Best Bitcoin Mixer services. Using ChipMixer, you can make your bitcoin transactions more anonymous. In reality, bitcoin analysts can trace transactions back several "hops", and even ban users for situations where their coins were used for illegal transactions 5+ hops back. ChipMixer launched on May 26, 2017. ChipMixer is similar to other Bitcoin Mixing Services, but offers several unique innovations that could make it a popular option for bitcoin users. Of course, other bitcoin users are using bitcoins for shady or illegal activities, and wish to use an anonymization service to avoid being tracked. Right now, they do not take any commission either. Who is the Best Bitcoin Mixer? Their set up kind of looks like this. Bitcoin addresses have been made containing predetermined amounts of Bitcoin in them. The user deposits their Bitcoin into the service and they receive their chips as a receipt of their amount. This adds an additional layer of random complexity. This is not a casino, but the way this bit works is that users can bet an amount of chips and will either receive nothing or double that amount. As does some of their other features such as betting and donating. This kind of acts like merging and splitting, but with a bit of fun involved. In an effort to further mix the -now- chips the user has, ChipMixer who are the Best Bitcoin Mixer lets users split and merge the chips they have. These addresses have been funded before any user deposits their Bitcoin to ensure maximum privacy. Chip withdrawals are not visible on the blockchain, and can even appear as days before the initial deposits to add another privacy layer. Withdrawing a user’s funds means that their chips will be removed from ChipMixer’s list and then they will receive a private key to sweep the address. This funds the Bitcoin Mixer itself since it does not charge any commission on transactions. ChipMixer is looking to fundamentally change the way Coin Mixers work to give users better access to privacy. Donating also acts like merging and splitting, adding layers of complexity. What are the Benefits of Choosing ChipMixer The Best Bitcoin & Tumbler Mixer ChipMixer promises a number of benefits over other mixing services. Some of the benefits include: Full control over mixing, including deciding if you want to bet and donate your chips or use them as-is; this makes the process more random and thus, harder to trace Fungible outputs (every chip is exactly the same) Outputs are faster than inputs; from the blockchain’s perspective, you spend your bitcoins before sending them to a mixer, which makes them difficult to trace Output may be higher or lower than your input because of optional betting, which makes transactions even harder to trace Use multiple small inputs to merge into one big input off the blockchain; you can pay for a larger purchase using many smaller chips, for example, for further anonymity ChipMixer waits 48 hours by default for your input transaction, although they can wait even longer on request Outputs can be used instantly; you receive a private key immediately and you can set your own miner’s fee There’s no fee; it’s a donation only service, and you can pay as much as you want Lightweight pages with no JavaScript required. Every day, people move their fiat currencies through banks in these countries because they have stricter secrecy laws. Many people compare mixing services like ChipMixer to banking services in countries like Panama, the Cayman Islands, and the Bahamas. Similar to other Bitcoin Mixer services, ChipMixer mixes the funds of its users together, then returns them to users in an effort to confuse blockchain analysts or blockchain tracking software. Specifically, ChipMixer works by utilizing a number of bitcoin wallets containing predetermined amounts of bitcoin. When used properly, a Best Bitcoin Mixer service prevents blockchain analysts from associating coins with user data. Then, users send money to ChipMixer, and users receive chips of bitcoins as a receipt of their deposit. How Does ChipMixer Work? ChipMixer funds these addresses before users deposit bitcoin. For an even further layer, ChipMixer lets users bet and donate chips. This adds an additional layer of random complexity. ChipMixer lets users bet chips – but it’s not a casino. To anonymize the service even further, ChipMixer lets users split and merge any chips they have. Instead, users can bet a certain number of chips, then receive either nothing or double that amount. Donating also works like merging and splitting. Due to betting, the amount you put into ChipMixer may not always be the same as the amount you take out. Donating funds the mixer itself, and does not require any commissions on transactions. Aside from voluntary donations, there are no fees involved with ChipMixer. ChipMixer works in a similar way. Using these methods, chipmixer.one your inputs and outputs won’t always match, which is why ChipMixer provides an additional layer of anonymity. When a user withdraws funds, it means their chips are removed from ChipMixer’s list. Ultimately, ChipMixer has chips in all different sizes, including 0.001 BTC, 0.002 BTC, 0.004 BTC, and so on until you reach 4.096 BTC. It works in a similar way to merging and splitting, but with an extra bit of fun involved. Since each chip was funded before your deposit, there’s no link between your chips and your deposit on the blockchain. It adds additional layers of complexity to the operation. Yes, your deposit is viewable, but the chips you received in exchange for your deposit cannot be traced back to you. The reason ChipMixer uses chip sizes of 0.001 BTC, 0.004 BTC, etc. is to make them easy to split and merge. Chip withdrawals cannot be viewed on the blockchain. Then, they receive a private key to sweep the address. If you deposit 0.112 BTC, you’ll receive 0.064 + 0.032 + 0.016 BTC. If you had a chip of 1 BTC and split it, then your minimal chip would be 0.015625 BTC, which would make the process more complicated.
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