Ethereum mixer reddit
Since bitcoin is spinning up across the globe, bitcoin holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a crypto user can remain unidentified while depositing their coins and it came to light that it is not true. Owing to the implementation of government policies, the transactions are traceable which means that a user’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures 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 mix different parts of it with other transactions used. In the end a sender gets back the same number of coins, but mixed up in a completely different set. Consequently, it is impossible to trace the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These traces play an important role for the authorities to trace back criminal transactions, such as buying guns, 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 cryptocurrency tumbling services and secure sender’s personal identity. Many crypto holders do not want to inform everyone the amount they earn or how they use up their money.
There is a belief among some internet users that using a tumbler is an criminal action itself. It is not completely correct. As previously stated, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should be careful while picking a digital currency scrambler. Which service can be relied on? How can a crypto holder be certain that a tumbler will not steal all the sent digital money? This article is here to answer these questions and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the top existing tumblers that were chosen by clients and are highly recommended. Let’s look into the listed crypto mixers and describe all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one option 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 forwarded coins and the outgoing transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. For better understanding of crypto tumblers, it is necessary to review each of them independently.
Based on the experience of many users on the Internet, CryptoMixer is one of the top Bitcoin tumblers that has ever appeared. This tumbler 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 type of coins and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One completely extraordinary crypto tumbler is ChipMixer because it is based on the absolutely another principle comparing to other tumblers. A user does not merely deposit coins to mix, but makes a wallet and funds it with chips from 0.02 BTC to 12.11 BTC which a user can break down 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 platform in advance, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
