Ethereum mixer reddit - Cryptocurrency tumbler

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 play an important role for the government to track back outlawed 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 traced, it is possible to use available cryptocurrency tumblers and secure sender’s identity. Many crypto holders do not want to let everybody know the amount they earn or how they spend their money.

There is a belief among some internet surfers that using a mixing service is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s illegal actions, 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 pay attention while choosing a bitcoin tumbler. Which platform can be trusted? How can one be certain that a mixer will not steal all the sent coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right decision.

The cryptocurrency mixing services presented above are among the leading existing mixers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all features on which attention should be focused.

Since digital money is spinning up across the globe, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a crypto user can remain unidentified while forwarding their digital currencies and it turned out that it is untrue. On account of the implementation of government policies, the transactions are traceable which means that a sender’s e-mail and even identity can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixing service.

To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. After all a user gets back an equal quantity of coins, but mixed up in a completely different 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 revealed.

Surely all tumblers from the table support no-logs and no-registration policy, these are essential aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.

There is one option 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 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, CryptoMixer is one of the best Bitcoin tumblers that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform 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 confidentiality. Time-delay feature makes a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.

One absolutely special crypto mixing service is ChipMixer because it is based on the absolutely different principle comparing to other services. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable 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 incognito 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 what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.