Eth-mixer review. Cryptocurrency tumbler
As cybercash is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone thought that a sender can remain disguised while depositing 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 electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency scrambler.
To make it clear, a cryptocurrency mixing service 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 user gets back an equal quantity of coins, but blended in a completely different set. Consequently, it is impossible to track the transaction back to a user, so one can stay calm that identity is not uncovered.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks are essential for the authorities to trace back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use available crypto tumbling services and secure sender’s personal identity. Many crypto owners do not want to let everybody know how much they earn or how they spend their money.
There is a belief among some internet surfers that using a tumbler is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of crypto mixing to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no reason to be concerned. There are many services that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can a crypto holder be sure that a scrambler will not steal all the deposited coins? This article is here to reply to these questions and help every crypto owner to make the right decision.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential features that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there are a few coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to mix 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 option helps a user and a transaction itself to remain anonymous, as there is a gap between the forwarded 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 consider each of them separately.
Based on the experience of many users on the Internet, CoinMixer is one of the best Bitcoin mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to send one currency and receive them in another currency. This process even increases user’s confidentiality. 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 absolutely unique crypto tumbler is ChipMixer because it is based on the completely another principle comparing to other tumblers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 13.734 BTC which a user can break down 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 service in advance, next 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 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 clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.