Ethereum mixer. 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 marks. These traces are essential for the authorities to track back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use available cryptocurrency mixing services and secure sender’s identity. Many digital currency owners do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some web users that using a mixing service is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of coin blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to blend their coins.
However, a crypto holder should be careful while picking a bitcoin tumbler. Which service 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 help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed crypto mixers and describe all options on which attention should be focused.
As digital currency is spinning up worldwide, digital money holders have become more aware about the confidentiality of their affairs. Everyone thought that a crypto user can remain disguised while forwarding their coins and it came to light that it is untrue. On account of the implementation of government policies, the transactions are which means that a sender’s electronic address and even identity can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other coins. In the end a user gets back an equal quantity 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 personal identification information is not uncovered.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical options that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers 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 mix 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 deposited 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 independently.
Based on the experience of many users on the Internet, PrivCoin 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 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 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 special crypto tumbler is ChipMixer because it is based on the absolutely different rule 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 12.11 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service in advance, next transactions are untraceable 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 randomized making transactions even more incognito 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 service 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 tumbler requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
