Ethereum mixer reddit

As digital money is gaining momentum worldwide, digital money holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a crypto user can remain disguised while forwarding their digital currencies and it turned out that it is not true. Owing to the implementation of government policies, the transactions are detectable which means that a user’s electronic address and even personal identification information can be revealed. But don’t be worried, 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 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 blended in a non-identical set. As a result, there is no way to trace the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.

As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks are essential for the authorities to track back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use available bitcoin mixers and secure sender’s identity. Many digital currency owners do not want to inform everyone the amount they gain or how they use up their money.

There is a belief among some internet surfers that using a scrambler is an criminal action itself. It is not completely true. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no need to be concerned. There are many platforms that are here for cryptocurrency owners to mix their coins.

However, a crypto holder should be careful while choosing a bitcoin tumbler. Which service can be trusted? How can a crypto holder be sure that a tumbler will not steal all the deposited digital money? This article is here to reply to these questions and assist every crypto owner to make the right decision.

The digital currency mixers presented above are among the leading existing scramblers that were chosen by customers and are highly recommended. Let’s look closely at the listed mixers and describe all features on which attention should be focused.

Surely all mixers from the table support no-logs and no-registration rule, these are critical features that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to blend 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 feature helps a user and a transaction itself to remain anonymous, 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 several days or even hours and minutes. For better understanding of crypto tumblers, it is necessary to consider 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 scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. 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 confidentiality. 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 unique crypto mixer is ChipMixer because it is based on the completely another principle comparing to other services. A user does not merely deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 14.954 BTC which a user can break down according to their wishes. After chips are included in 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 there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse all logs prior to this period. Another coin tumbler 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.