As digital currency is gaining momentum worldwide, bitcoin holders have become more aware about the anonymity of their purchases. Everyone used to believe that a sender can remain unidentified while forwarding their coins and it came to light that it is untrue. Owing to public administration controls, the transactions are meaning 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 governmental measures and it is a crypto mixer.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to mix several parts of it with other coins. In the end a user gets back the same number of coins, but blended in a completely different set. Consequently, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks are important for the government to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use accessible crypto mixing services and secure sender’s identity. Many bitcoin holders do not want to let everybody know 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 illegal action itself. It is not completely correct. As mentioned before, there is a possibility of coin blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to blend their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be sure that a tumbler will not take all the sent coins? This article is here to answer these concerns and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed mixers and explain all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, 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 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 a couple of days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to review each of them separately.
Blender has a simple interface, it is intuitive to use and straightforward. Time-delay option can be set up to 24 hours. With regard to the fee, there is an additional fee of 0.0005 % per outgoing address. As one of the few, this mixer provides a user with a special mixing code which assures that new crypto coins are not blended with preceding deposits. Additional URL (Blender) is also here to make certain that users can get to the mixer, even if the main link is not available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing service is noteworthy for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC there is no doubt that users can trust this mixing platform and their coins will not be taken. The number of needed confirmations differs depending on the number of deposited coins, e.g. for sending 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 operate on this platform, a CryptoMixer code needs to be invented. A user should write it down, so it is possible to use it next time. After providing a CryptoMixer code, users need to enter the outgoing address or several of them and then set a time-delay option. A delay time is defined automatically and a user can modify it if necessary. A service fee can be also chosen from the table depending on the deposited amount. Each transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see the number of coins sent and got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixers 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 deposit one type of coins and receive them in another currency. 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 extra address.
One totally extraordinary crypto mixing service is ChipMixer because it is based on the totally another rule comparing to other tumblers. 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 added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable 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 randomized making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse 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 applied. 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 clean coins are obtained from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them untraceable.
Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard and identical with the processes on other mixing services. There is a possibility to set a time-delay option up to 72 hours and a sender has an opportunity to divide the transaction, so the coins are sent to multiple addresses. Thus, sender’s funds are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler is on the list because it works quickly and it is reliable. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be added for every extra address. Splitting deposited coins between 5 addresses is also greatly 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 best bitcoin mixing services which is incredibly user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 possible for a user to manually delete all the logs which are stored 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 crypto coin tumblers, BitBlender (BitBlender) continues to be a easy-to-use and functional crypto coin tumbler. It is possible to have two accounts, with and without registration. The difference is that the one without registration is less manageable by a user.
The mixing itself can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. Also, if a user deposits more than 10 BTC in a week, the mixing service reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should be afraid of security breach as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this tumbler does not have a Letter of Guarantee which makes it difficult to turn to this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with several cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This mixer offers a very simple user-interface, as well as the possibility 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 incredibly helpful. The mixer gives the opportunity to use a calculator to understand the amount of money a user finally receives. 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 various resources helps the mixing platform to keep user’s identity undiscovered. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be trusty having all transactions nameless. It is important to choose a crypto tumbler wisely, as a sender has no chance to turn to any authority in case of scams. Of course, processing your deposits online can be unsafe, however, using mixing platforms that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.