Eth mixer - Cryptocurrency tumbler
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These marks are essential for the government to track back criminal transactions, such as purchasing 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 mixing services and secure sender’s personal identity. Many digital currency holders 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 mixing service is an criminal action itself. It is not completely correct. As outlined above, there is a possibility of coin blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to be concerned. There are many platforms that are here for cryptocurrency owners to mix their coins.
However, a crypto holder should be careful while choosing a crypto mixer. Which service can be relied on? How can one be sure that a mixer will not steal all the sent coins? This article is here to answer these questions and help every crypto owner to make the right choice.
The digital currency mixers presented above are among the best existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed crypto mixers and describe all features on which attention should be focused.
As bitcoin is spinning up around the world, bitcoin holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a sender can remain disguised 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 identifiable meaning that a user’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to blend several parts of it with other coins. After all a sender gets back the same number of coins, but blended in a completely different set. Consequently, there is no possibility to track 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 policy, these are critical options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to blend coins between the currencies which makes transactions far less traceable.
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 deposited 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 consider each of them separately.
Based on the experience of many users on the Internet, Blender is one of the leading Bitcoin mixing services that has ever existed. This scrambler supports not only the most popular cryptocurrency, 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 type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make 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 completely special crypto tumbler is ChipMixer because it is based on the totally another rule comparing to other services. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can break down according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this mixer: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has a chance 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 charged. The process of getting renewed coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.