Ethereum mixer reddit

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As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These traces play an important role for the state to track back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible bitcoin tumbling services and secure sender’s identity. Many digital currency 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 tumbler is an illegal action itself. It is not completely true. As mentioned before, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to tumbler their coins.

However, a crypto holder should be careful while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be sure that a scrambler will not take all the deposited digital money? This article is here to answer these questions and help every bitcoin holder to make the right choice.

The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed mixers and describe all options on which attention should be focused.

As digital currency is spinning up worldwide, bitcoin holders have become more conscious about the anonymity of their purchases. Everyone used to believe that a sender can remain incognito while forwarding their digital currencies and it came to light that it is not true. On account of public administration controls, the transactions are identifiable meaning that a user’s e-mail and even personal identification information can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a Bitcoin tumbler.

To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. Consequently, it is impossible to trace the transaction back to a user, so one can stay calm that identity is not disclosed.

Surely all tumblers from the table support no-logs and no-registration policy, these are critical aspects that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few 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 blend 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 option helps a user and a transaction itself to remain anonymous, as there is a gap between the deposited 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. To get a better understanding of crypto tumblers, it is essential to consider each of them separately.

Based on the experience of many users on the Internet, CoinMixer is one of the top Bitcoin mixers that has ever appeared. This mixer supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one type of coins and receive them in another type of coins. This process even increases user’s confidentiality. 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 extra address.

One absolutely extraordinary crypto mixer is ChipMixer because it is based on the absolutely another principle comparing to other tumblers. A user does not simply deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 10.11 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, 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 tumbler: it applies “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 cost-effective. Retention period is 7 days and each sender has a chance to manually clear 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 clean coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.