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 are important for the government to track back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use available bitcoin mixing services and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some internet users that using a tumbler is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no need to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
However, a crypto holder should be careful while choosing a digital currency scrambler. Which service can be trusted? How can one be sure that a scrambler will not steal all the deposited digital money? This article is here to answer these questions and help every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all aspects on which attention should be focused.
Since bitcoin is gaining momentum 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 depositing their coins and it came to light that it is untrue. On account of public administration controls, the transactions are meaning that a sender’s electronic address and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money mixer.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is a straightforward way to mix different parts of it with other transactions used. After all a user gets back the same number of coins, but mixed up in a completely different set. Consequently, 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 tumblers from the table support no-logs and no-registration rule, these are essential aspects that should not be disregarded. Most of the mixers 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 give a sender more options, some mixing services also allow to combine coins between the currencies which makes transactions far less identifiable.
There is one feature that is not displayed 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 sent coins and the outgoing transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is necessary to consider each of them separately.
Based on the experience of many users on the Internet, Blender is one of the top Bitcoin mixing services that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service 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 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 additional address.
One absolutely extraordinary crypto mixer is ChipMixer because it is based on the totally different idea comparing to other services. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 12.11 BTC which a user can split 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 prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet holder. 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 affordable. Retention period is 7 days and every user has a chance to manually clear all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.