Since bitcoin is gaining momentum worldwide, digital money holders have become more aware about the confidentiality of their affairs. Everyone was of the opinion that a crypto user can remain incognito while depositing their digital currencies and it came to light that it is not true. On account of the implementation of government policies, the transactions are which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to blend several parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. As a result, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are essential for the government to trace back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use available bitcoin mixers and secure sender’s identity. Many digital currency holders do not want to let everybody know how much they gain or how they spend their money.
There is an opinion among some internet users that using a mixing service is an illegal action itself. It is not completely true. As outlined above, there is a possibility of coin blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to mix their coins.
However, a crypto holder should pay attention while picking a crypto mixer. Which platform can be relied on? How can one be certain that a mixer will not steal all the deposited coins? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the leading existing scramblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed mixers and describe all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are important options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common 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 options, some mixing services also allow to blend coins between the currencies which makes transactions far less traceable.
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 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 tumblers, it is necessary to consider each of them independently.
Blender has a clear interface, it is convenient to use and uncomplicated. Time-delay option can be set up to 24 hours. With regard to the fee, there is an extra fee of 0.0005 % per outgoing address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which assures that fresh crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to guarantee that users can get to the tumbler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is noteworthy for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is without a doubt that users can trust this mixing platform and their cryprocurrencies will not be taken. The number of required confirmations depends on the number of deposited coins, e.g. for depositing less that 25 BTC there is only 1 confirmation required, in case of sending more than 1000 BTC a user needs to gather 5 confirmations.
To use this crypto tumbler, a CryptoMixer code needs to be created. A user should write it down, so it is easy to use it next time. After providing a CryptoMixer code, users need to provide the output address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can adjust it if needed. A service fee can be also selected from the table depending on the forwarded sum. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see the amount of crypto money sent and got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixers that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to send one type of coins and get them back in another type of coins. 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 extra address.
One absolutely special crypto mixer is ChipMixer because it is based on the completely another principle comparing to other services. A user does not just deposit coins to clean, but makes a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can split according to their wishes. After chips are included in the wallet, a wallet holder can forward 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 holder. 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 cost-effective. Retention period is 7 days and every user has a chance to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
It should be pointed out that random amounts are sent in two and more transactions to make them untraceable.
Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and similar to the processes on other platforms. It is possible to choose a time-delay feature up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to multiple addresses. Thus, sender’s money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is on the list because it works fast and it is reliable. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also very beneficial for maintaining user’s confidentiality. Every user is able to select an additional option of delaying the payout meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the top bitcoin tumblers which is extremely easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it should be noted that the service fee is the lowest possible, it is 0.0% with 0.0002 BTC per extra address. Retention period is 7 days when it is easy for a user to manually delete all the logs which are saved for this period because of any future transaction-related problems. There is a time-delay feature, however, it is not possible to be controlled by a user but the coin tumbler only.
Being one of the oldest mixing services, BitBlender (BitBlender) remains a user-friendly and usable mixing platform. It is possible to have two accounts, with and without registration. The difference is that the one without registration is less controllable by a user.
The mixing process is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user sends more than 10 BTC in a week, the platform reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should worry security leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this tumbler does not offer a Letter of Guarantee which makes it difficult to address this tumbler in case of scams.
And last but not least, there is a coin mixer with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This tumbler offers a very easy-to-use user-interface, as well as the opportunity to have control over all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is extremely helpful. The platform gives the opportunity to use a calculator to understand the amount of funds a user finally gets. The service fee is from 1 % to 5 % with fees for extra addresses (0.00045529 BTC, 0.01072904 LTC, and 0.00273174 BCH). Having funds from many resources helps the mixing platform to keep user’s personal information undiscovered. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trustworthy having all transactions anonymous. It is important to pick a crypto tumbler wisely, as a sender has no opportunity to turn to any authority in case of scams. By all means, processing your deposits online can be unsafe, however, using scramblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.