Ethereum Mixing. Tumbling Service
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These marks play an important role for the government to trace back illegal 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 tracked, it is possible to use available bitcoin tumbling services and secure sender’s personal identity. Many digital currency holders do not want to inform everyone the amount they earn or how they spend their money.
There is a belief among some web surfers that using a mixing service is an illegal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to be concerned. There are many services that are here for bitcoin holders to mix their coins.
However, a crypto holder should be careful while picking a digital currency scrambler. Which platform can be relied on? How can a crypto holder be sure that a mixer will not steal all the deposited coins? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed coin tumblers and explain all options on which attention should be focused.
As cybercash is gaining momentum worldwide, digital money holders have become more aware about the confidentiality of their purchases. Everyone thought that a crypto user can remain unidentified while forwarding their coins and it came to light that it is not true. On account of public administration controls, the transactions are detectable which means that a sender’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 cryptocurrency scrambler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward way to blend several parts of it with other transactions used. After all a sender gets back the same number of coins, but mixed up in a completely different set. Therefore, 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 mixers from the table support no-logs and no-registration policy, these are important features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to combine 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 feature 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 on their own and it can be a couple of 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 leading Bitcoin tumblers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s anonymity. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally unique crypto mixing service is ChipMixer because it is based on the totally different principle comparing to other tumblers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.02 BTC to 8.192 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform in advance, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: 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 every user has a chance to manually cleanse all logs prior to this period. Another coin scrambler 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 clean coins are obtained from stock exchanges.