Ethereum mixer - Cryptocurrency tumbler
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks are essential for the government to trace back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency tumbling services and secure sender’s personal identity. Many bitcoin owners do not want to inform everyone how much they earn or how they spend their money.
There is an opinion among some internet surfers that using a mixing service is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be trusted? How can a crypto holder be sure that a mixer will not steal all the deposited digital money? This article is here to reply to these concerns and assist every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the best existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed mixers and describe all features on which attention should be focused.
As digital currency is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone thought that a sender can remain unidentified while depositing their digital currencies and it came to light that it is untrue. Owing to public administration controls, the transactions are detectable which means that a sender’s electronic address and even personal identification information can be revealed. 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 the same number of coins, but blended in a completely different set. As a result, there is no way to trace the transaction back to a user, so one can stay calm that identity is not disclosed.
Surely all mixers from the table support no-logs and no-registration policy, these are critical features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to blend 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 deposited coins and the outgoing transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin mixers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to deposit one type of coins and receive them in another type of coins. 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 extra address.
One absolutely extraordinary crypto mixer is ChipMixer because it is based on the completely another rule comparing to other mixers. A user does not simply deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 9.121 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform in advance, following transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it applies “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 each sender has an opportunity to manually cleanse all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
