Eth mixer. Cryptocurrency tumbler
As cybercash is spinning up across the globe, digital money holders have become more aware about the anonymity of their transactions. Everyone used to believe that a sender can remain disguised while forwarding their digital currencies and it came to light that it is untrue. On account of public administration controls, the transactions are detectable which means that a sender’s electronic address 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 crypto mixing service.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward way to mix different parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a completely different set. As a result, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
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 important for the state to track back illegal 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 accessible crypto tumbling services and secure sender’s personal identity. Many crypto owners do not want to inform everyone the amount they earn or how they use up their money.
There is a belief among some internet users that using a mixing service is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should be careful while picking a bitcoin tumbler. Which service can be trusted? How can a crypto holder be sure that a tumbler will not steal all the deposited coins? This article is here to reply to these concerns and assist every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the leading existing tumblers that were chosen by clients and are highly recommended. Let’s look closely at the listed mixers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are important aspects that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of 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 mix 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 feature 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 on their own 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, PrivCoin is one of the best Bitcoin mixing services that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to swap 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 anonymity. 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 extraordinary crypto mixer is ChipMixer because it is based on the totally different rule comparing to other mixers. A user does not simply deposit coins to clean, but makes a wallet and funds it with chips from 0.03 BTC to 14.954 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform beforehand, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual 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 each sender has an opportunity to manually clear all logs before the end of 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 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.