Eth mixer - Cryptocurrency tumbler
Since digital currency is gaining momentum across the globe, digital money holders have become more aware about the confidentiality of their affairs. Everyone was of the opinion that a sender can remain incognito while forwarding their coins and it turned out that it is untrue. Because of the implementation of government policies, the transactions are identifiable meaning that a sender’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a Bitcoin mixing service.
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 transactions used. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. As a result, there is no possibility to trace the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These traces play an important role for the government to track back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available bitcoin tumblers and secure sender’s identity. Many crypto owners do not want to inform everyone how much they earn or how they use up their money.
There is an opinion among some web users that using a mixing service is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to mix their coins.
However, a digital currency owner should pay attention while picking a bitcoin tumbler. Which service can be trusted? How can one be sure that a scrambler will not take all the sent digital money? This article is here to answer these questions and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing tumblers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto mixers and describe all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
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 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. To get a better understanding of crypto mixers, it is necessary to consider each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin mixers that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to send 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 special crypto tumbler is ChipMixer because it is based on the absolutely another idea comparing to other tumblers. A user does not just deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can divide 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, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually clear all logs prior to this period. Another coin tumbler 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
