Eth mixer - Cryptocurrency tumbler
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces are important for the government to trace back criminal transactions, such as purchasing guns, 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 bitcoin mixing services and secure sender’s identity. Many bitcoin owners do not want to inform everyone how much they gain or how they spend their money.
There is an opinion among some internet users that using a mixing service is an illegal action itself. It is not completely true. As previously stated, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should pay attention while picking a digital currency scrambler. Which service can be trusted? How can a crypto holder be sure that a tumbler will not take all the sent digital money? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all aspects on which attention should be focused.
As digital money is gaining momentum across the globe, digital money holders have become more conscious about the anonymity of their purchases. Everyone used to believe that a sender can remain unidentified while depositing their digital currencies and it turned out that it is not true. Owing to public administration controls, the transactions are detectable which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a user gets back an equal quantity of coins, but blended in a completely different set. Consequently, there is no way to track the transaction back to a sender, so one can stay calm that identity is not revealed.
Surely all mixers from the table support no-logs and no-registration policy, these are essential options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to combine coins between the currencies which makes transactions far less traceable.
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 forwarded coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the leading Bitcoin mixing services that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s confidentiality. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally extraordinary crypto mixer is ChipMixer because it is based on the totally different principle comparing to other mixers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 12.11 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can send 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 applied in a random way making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually cleanse 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 clean 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.