Ethereum mixer reddit - Cryptocurrency tumbler
As cybercash is spinning up around the world, digital money holders have become more aware about the anonymity of their affairs. Everyone used to believe that a sender can remain disguised while forwarding their coins and it turned out that it is untrue. On account of the implementation of government policies, the transactions are traceable which means that a sender’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin tumbler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. After all a user gets back an equal quantity of coins, but blended in a completely different set. Therefore, there is no possibility to trace the transaction back to a user, so one can stay calm that identity is not disclosed.
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces play an important role for the state to trace back outlawed transactions, such as purchasing 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 accessible bitcoin mixing services and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they gain or how they spend their money.
There is an opinion among some internet users that using a scrambler is an illegal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should be careful while picking a crypto mixer. Which service can be relied on? How can one be sure that a scrambler will not steal all the sent digital money? This article is here to answer these questions and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain 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 mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to combine coins between the currencies which makes transactions far less identifiable.
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 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. For better understanding of crypto mixers, it is essential to consider each of them separately.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixing services that has ever appeared. This scrambler 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 type of coins and receive them in another currency. This process even increases user’s anonymity. Time-delay feature makes 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 totally unique crypto tumbler is ChipMixer because it is based on the totally different idea comparing to other mixers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.04 BTC to 9.121 BTC which a user can divide according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this mixing service: 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 cost-effective. Retention period is 7 days and every user has an opportunity to manually clear 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 renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
