Ethereum mixer - Cryptocurrency tumbler
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These marks are important for the authorities to track back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use available bitcoin tumblers and secure sender’s personal identity. Many digital currency owners do not want to inform everyone the amount they earn or how they spend their money.
There is an opinion among some internet surfers that using a mixer is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of coin blending to become unlawful, if it is used to hide 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.
Nevertheless, a digital currency owner should be careful while choosing a bitcoin tumbler. Which platform can be relied on? How can one be certain that a scrambler will not take all the sent coins? This article is here to reply to these concerns and help every crypto owner to make the right choice.
The digital currency mixers presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s look closely at the listed mixers and explain all features on which attention should be focused.
Since bitcoin is gaining momentum around the world, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone thought that a sender can remain incognito while depositing their digital currencies and it turned out that it is untrue. Owing to the implementation of government policies, the transactions are detectable meaning that a sender’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money mixing service.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. After all a user gets back the same number of coins, but blended in a non-identical set. As a result, it is impossible to trace the transaction back to a sender, so one can stay calm that identity is not uncovered.
Surely all mixers from the table support no-logs and no-registration rule, these are critical features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
There is one feature 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 forwarded 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. To get a better understanding of crypto tumblers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixers that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to send one type of coins and receive them in another type of coins. This process even increases user’s confidentiality. 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 additional address.
One totally special crypto mixer is ChipMixer because it is based on the completely different principle comparing to other services. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 9.121 BTC which a user can divide 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 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 applies “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually clear all logs before the end of this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
