Eth-mixer review. Cryptocurrency tumbler
As bitcoin is spinning up worldwide, digital money holders have become more conscious about the confidentiality of their affairs. Everyone thought that a sender can remain unidentified while forwarding their digital currencies and it came to light that it is not true. Because of the implementation of government policies, the transactions are identifiable meaning that a user’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a completely different set. As a result, it is impossible to trace the transaction back to a user, so one can stay calm that personal identification information 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 traces. These traces are essential for the state to trace back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible crypto mixing services and secure sender’s identity. Many digital currency owners do not want to inform everyone the amount they earn 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 outlined above, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no point to be concerned. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be trusted? How can a crypto holder be sure that a scrambler will not take all the sent digital money? This article is here to answer these questions and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading 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.
Surely all mixers from the table support no-logs and no-registration rule, these are important features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to blend 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 outgoing transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin tumblers that has ever appeared. This mixer supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service 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 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 extraordinary crypto tumbler is ChipMixer because it is based on the absolutely different idea comparing to other services. A user does not merely deposit coins to clean, but makes a wallet and funds it with chips from 0.04 BTC to 15.638 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this platform: 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 a chance to manually clear all logs before the end of this period. Another coin scrambler 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 mixer requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
