Eth-mixer review. Cryptocurrency tumbler
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks play an important role for the authorities to track back illegal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible cryptocurrency tumblers and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they gain or how they use up their money.
There is an opinion among some web surfers that using a tumbler is an illegal action itself. It is not entirely correct. As outlined above, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. 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 trusted? How can a crypto holder be certain that a mixing platform will not take all the deposited digital money? This article is here to reply to these questions and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto mixers and explain all options on which attention should be focused.
Since digital currency is spinning up across the globe, digital money holders have become more aware about the confidentiality of their affairs. Everyone thought that a sender can remain unidentified while forwarding their digital currencies and it turned out that it is not true. On account of the implementation of government policies, the transactions are detectable which means that a user’s electronic address and even identity can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto mixer.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. As a result, it is impossible to trace the transaction back to a user, 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 essential aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to mix coins between the currencies which makes transactions far less identifiable.
There is one option 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 on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto tumblers, it is necessary to review each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin tumblers that has ever appeared. This tumbler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and get them back in another currency. This process even increases user’s anonymity. 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 completely unique crypto mixer is ChipMixer because it is based on the totally different principle comparing to other mixers. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 12.11 BTC which a user can divide according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this platform: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually cleanse 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 charged. The process of getting renewed coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
