Ethereum mixer - Cryptocurrency tumbler
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks are important for the government to trace back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use accessible crypto tumbling services and secure sender’s personal identity. Many crypto owners do not want to inform everyone how much they gain or how they spend their money.
There is an opinion among some internet users that using a mixer is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to blend their coins.
However, a digital currency owner should pay attention while choosing a crypto mixer. Which platform can be relied on? How can one be sure that a mixer will not take all the sent digital money? This article is here to reply to these questions and assist every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the best existing tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and describe all options on which attention should be focused.
As digital currency is spinning up worldwide, digital money holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a crypto user can remain incognito while forwarding their digital currencies and it came to light that it is untrue. On account of public administration controls, the transactions are identifiable which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto tumbler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend different parts of it with other coins. After all a user gets back the same number of coins, but blended in a completely different set. Therefore, there is no possibility to trace the transaction back to a user, so one can stay calm that identity is not revealed.
Surely all tumblers from the table support no-logs and no-registration rule, these are important options that should not be overlooked. 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 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 identifiable.
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 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 by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to deposit 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 less 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 mixer is ChipMixer because it is based on the absolutely different rule comparing to other services. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.04 BTC to 8.192 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually clear all logs prior to this period. Another coin tumbler 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 renewed coins are obtained from stock exchanges.
