Ethereum mixer. Cryptocurrency tumbler
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks are essential for the government 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 accessible crypto mixers 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 an opinion among some web users that using a mixer is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should pay attention while picking a bitcoin tumbler. Which service can be trusted? How can a crypto holder be sure that a mixer will not take all the deposited digital money? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s take a closer look at the listed mixers and describe all features on which attention should be focused.
As digital currency is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a crypto user can remain unidentified while depositing their digital currencies and it came to light that it is untrue. On account of the implementation of government policies, the transactions are detectable which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a cryptocurrency mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Therefore, there is no possibility 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 essential options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common 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 traceable.
There is one option that is not represented in the above table and it is time-delay. This feature helps a user and a transaction itself to remain anonymous, 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 a couple of days or even hours and minutes. To get a better understanding of crypto tumblers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixers that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned 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 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 additional address.
One totally extraordinary crypto mixing service is ChipMixer because it is based on the totally different principle comparing to other mixers. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 16.2 BTC which a user can break down 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 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 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 each sender has an opportunity to manually cleanse 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 clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
