Ethereum mixer - Cryptocurrency tumbler
As digital currency is spinning up across the globe, digital money holders have become more aware about the confidentiality of their purchases. Everyone used to believe that a sender can remain disguised while depositing their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are which means that a user’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money tumbler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. After all a sender gets back an equal quantity of coins, but blended 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 revealed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These marks play an important role for the state to track back illegal 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 traced, it is possible to use available crypto tumbling services and secure sender’s identity. Many bitcoin owners do not want to let everybody know the amount they earn or how they spend their money.
There is a belief among some internet users that using a mixer is an criminal action itself. It is not entirely true. As outlined above, there is a possibility of coin blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to worry. There are many services that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which platform can be trusted? How can a crypto holder be certain that a tumbler will not take all the deposited coins? This article is here to reply to these concerns and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the top existing mixers that were chosen by clients and are highly recommended. Let’s take a closer look at 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 important options that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to combine coins between the currencies which makes transactions far less trackable.
There is one feature that is not represented in the above table and it is time-delay. This feature 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 on their own and it can be several 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 mixers that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to deposit one currency and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature helps to make a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One completely extraordinary crypto mixing service is ChipMixer because it is based on the absolutely another idea comparing to other services. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this mixing service: it applies “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 an opportunity to manually cleanse 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 clean coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.