Eth-mixer review - Cryptocurrency tumbler
As maybe some of you know, 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 state to trace back outlawed transactions, such as purchasing 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 available bitcoin mixing services and secure sender’s identity. Many digital currency holders do not want to inform everyone the amount they gain or how they use up their money.
There is a belief among some web surfers that using a scrambler is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of cryptocurrency blending to become illegal, 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 bitcoin holders to blend their coins.
However, a crypto holder should pay attention while picking a bitcoin tumbler. Which service can be trusted? How can a crypto holder be certain that a tumbler will not take all the deposited digital money? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the best existing mixers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all aspects on which attention should be focused.
As bitcoin is gaining momentum worldwide, digital money holders have become more aware about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain incognito while depositing their coins and it came to light that it is untrue. On account of the implementation of government policies, the transactions are traceable meaning that a user’s e-mail and even identity can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is a straightforward way to mix several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, 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 mixers from the table support no-logs and no-registration policy, these are critical options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
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 remain anonymous, as there is a gap between the deposited coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to review each of them independently.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to send 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 hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely extraordinary crypto mixer is ChipMixer because it is based on the completely another idea comparing to other tumblers. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 15.638 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 service prior to the transaction, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually clear all logs prior to 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 unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
