Ethereum mixer reddit - Cryptocurrency tumbler
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These marks are important for the authorities to track back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use available crypto mixing services and secure sender’s personal identity. Many crypto holders do not want to let everybody know the amount they earn or how they spend their money.
There is an opinion among some web users that using a mixer is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of cryptocurrency blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many services that are here for bitcoin holders to tumbler their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which service can be trusted? How can a crypto holder be certain that a mixing platform 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 choice.
The crypto scramblers presented above are among the best existing mixers that were chosen by clients 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 digital money is spinning up worldwide, digital money holders have become more conscious about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is untrue. On account of the implementation of government policies, the transactions are which means that a sender’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a crypto mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to mix different parts of it with other coins. After all a sender gets back an equal quantity of coins, but blended in a completely different set. Consequently, there is no way to track the transaction back to a user, so one can stay calm that identity is not disclosed.
Surely all mixers from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to mix coins between the currencies which makes transactions far less trackable.
There is one option that is not displayed in the above table and it is time-delay. This feature helps a user and a transaction itself to stay incognito, 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 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, CoinMixer is one of the top Bitcoin mixing services that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and receive them in another currency. This process even increases user’s anonymity. Time-delay feature helps to make a transaction less traceable, 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 absolutely different principle comparing to other mixers. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.04 BTC to 16.2 BTC which a user can split 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 prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually clear all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
