Ethereum Mixing - Tumbling Service
As digital money is gaining momentum around the world, digital money holders have become more conscious about the anonymity of their transactions. Everyone thought that a sender can remain unidentified while depositing their coins and it came to light that it is not true. Because of the implementation of government policies, the transactions are identifiable which means that a sender’s electronic address and even identity can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money mixer.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend 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. Therefore, it is impossible to trace the transaction back to a sender, so one can stay calm that identity is not revealed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces play an important role for the government to track back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available cryptocurrency mixers and secure sender’s personal identity. Many digital currency holders do not want to let everybody know how much they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixing service is an illegal action itself. It is not completely true. 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 need to worry. There are many services that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which service can be relied on? How can one be sure that a mixing platform will not steal all the deposited digital money? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the top existing tumblers that were chosen by clients and are highly recommended. Let’s look closely at the listed mixers and explain all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular digital money. 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 options, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
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 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 a couple of days or even hours and minutes. To get a 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 tumblers that has ever existed. This mixer supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins and receive them in another type of coins. This process even increases user’s anonymity. 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 extra address.
One absolutely extraordinary crypto mixer is ChipMixer because it is based on the totally different rule comparing to other mixers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.04 BTC to 10.11 BTC which a user can split according to their wishes. After chips are added to the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this platform: 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 cost-effective. Retention period is 7 days and each sender has an opportunity to manually clear all logs prior to this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.