Ethereum mixer. Cryptocurrency tumbler
Since digital currency is spinning up around the world, bitcoin holders have become more aware about the anonymity of their purchases. Everyone was of the opinion that a crypto user can remain disguised while forwarding their coins and it turned out that it is untrue. Because of the implementation of government policies, the transactions are identifiable which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money mixing service.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a completely different set. Therefore, it is impossible to trace the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks are essential for the state to trace back outlawed 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 accessible cryptocurrency mixers and secure sender’s personal identity. Many digital currency holders do not want to let everybody know the amount they gain or how they spend their money.
There is an opinion among some web surfers that using a scrambler is an criminal action itself. It is not completely true. As outlined above, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a digital currency owner should be careful while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be certain that a mixing platform will not take all the deposited digital money? This article is here to reply to these concerns and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s look into the listed coin tumblers and explain all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are essential aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one option that is not represented 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 outcoming transaction. In most cases, users can set the time of delay on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixing services that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one currency and get them back in another currency. This process even increases user’s confidentiality. 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 extra address.
One totally special crypto mixing service is ChipMixer because it is based on the absolutely different idea comparing to other mixers. A user does not just deposit coins to mix, but creates a wallet and funds it with chips from 0.04 BTC to 12.11 BTC which a user can split according to their wishes. After chips are added to 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 standard fee for transactions on this tumbler: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually clear all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.