Ethereum mixer reddit. Cryptocurrency tumbler
As maybe some of you know, every crypto 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 criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use available bitcoin tumbling services and secure sender’s identity. Many bitcoin owners do not want to let everybody know how much they gain or how they use up their money.
There is a belief among some internet surfers that using a tumbler is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of coin blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should be careful while picking a crypto mixer. Which platform can be relied on? How can a crypto holder be certain that a mixing platform will not steal all the deposited 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 scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed mixers and explain all aspects on which attention should be focused.
Since digital money is spinning up across the globe, bitcoin holders have become more aware about the anonymity of their affairs. Everyone used to believe that a sender can remain disguised while depositing their coins and it came to light that it is not true. On account of public administration controls, the transactions are traceable meaning that a sender’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a crypto scrambler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to blend different parts of it with other coins. In the end a user gets back the same number of coins, but mixed up in a completely different set. Consequently, it is impossible to trace the transaction back to a sender, so one can stay calm that identity is not revealed.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical features that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers 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 forwarded coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. For better understanding of crypto mixers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin mixing services that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one currency 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 tumbler is ChipMixer because it is based on the completely another idea comparing to other mixers. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
