Ethereum Mixing. Tumbling Service
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These traces are important for the government to trace back criminal transactions, such as buying 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 cryptocurrency mixers and secure sender’s personal identity. Many crypto holders do not want to let everybody know how much they earn or how they spend their money.
There is an opinion among some web surfers that using a scrambler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should pay attention while picking a crypto mixer. Which service can be trusted? How can one be sure that a mixer will not steal all the sent coins? This article is here to reply to these concerns and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all features on which attention should be focused.
Since cybercash is gaining momentum around the world, digital money holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a sender can remain disguised while depositing their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are detectable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin scrambler.
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 coins. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, there is no possibility to track the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. 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 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 option helps a user and a transaction itself to stay incognito, as there is a gap between the sent coins and the outcoming 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 tumblers, it is essential to review each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixers that has ever existed. This mixer supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one currency and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature helps to make 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 extraordinary crypto mixing service is ChipMixer because it is based on the absolutely another rule comparing to other mixers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.03 BTC to 8.192 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service beforehand, next 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 mixing service: it uses “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 affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
