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Eth mixer
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks are essential for the state to trace back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use accessible crypto tumblers and secure sender’s identity. Many bitcoin owners do not want to let everybody know the amount they gain or how they spend their money.
There is an opinion among some web surfers that using a tumbler is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of cryptocurrency blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not steal all the deposited digital money? This article is here to reply to these questions and assist every crypto owner to make the right decision.
The digital currency mixers presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and describe all features on which attention should be focused.
Since bitcoin is gaining momentum across the globe, digital money holders have become more conscious about the confidentiality of their affairs. Everyone thought that a sender can remain incognito while depositing their coins and it came to light that it is untrue. Because of the implementation of government policies, the transactions are traceable which means that a user’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 Bitcoin mixer.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. After all a user gets back the same number of coins, but blended in a completely different set. As a result, there is no way to trace the transaction back to a user, so one can stay calm that identity is not uncovered.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical aspects that should not be disregarded. Most of the mixers 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 mixing services also allow to mix coins between the currencies which makes transactions far less traceable.
There is one option that is not displayed 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 deposited coins and the outcoming 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. To get a better understanding of crypto tumblers, it is essential to consider each of them independently.
Based on the experience of many users on the Internet, CoinMixer is one of the leading Bitcoin tumblers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to deposit one currency and receive them in another currency. This process even increases user’s anonymity. Time-delay feature makes a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One totally unique crypto tumbler is ChipMixer because it is based on the completely different principle comparing to other mixers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.03 BTC to 14.954 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing service beforehand, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it applies “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 an opportunity to manually clear all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
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