Ethereum mixer. Cryptocurrency tumbler
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These traces are important for the government to trace back criminal 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 available crypto mixing services and secure sender’s identity. Many crypto owners do not want to inform everyone how much they gain or how they use up their money.
There is a belief among some internet users that using a mixer is an illegal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no point to be concerned. There are many services that are here for bitcoin holders to mix their coins.
Nevertheless, a digital currency owner should pay attention while picking a digital currency scrambler. Which service can be relied on? How can a crypto holder be certain that a mixing platform will not steal all the sent coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the best existing tumblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed mixers and explain all features on which attention should be focused.
Since cybercash is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain disguised while forwarding their digital currencies and it turned out that it is not true. Owing to the implementation of government policies, the transactions are meaning 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 Bitcoin mixing service.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to mix different parts of it with other coins. After all a sender gets back an equal quantity of coins, but blended in a non-identical set. Therefore, it is impossible to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are essential features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to blend coins between the currencies which makes transactions far less traceable.
There is one feature that is not represented in the above table and it is time-delay. This option 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. To get a better understanding of crypto tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixers 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 swap the coins, in other words to deposit one currency and get them back in another currency. This process even increases user’s anonymity. Time-delay feature helps to make 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 tumbler is ChipMixer because it is based on the totally different principle comparing to other mixers. A user does not just deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 10.11 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this mixer: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and every user has a chance to manually clear all logs prior to this period. Another mixing platform 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.