Since digital currency is spinning up across the globe, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a sender can remain unidentified while forwarding their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are traceable meaning that a user’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a crypto tumbler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a sender gets back the same number of coins, but mixed up in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces are important 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 tracked, it is possible to use available crypto mixing services and secure sender’s identity. Many digital currency holders do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixer is an illegal action itself. It is not completely correct. 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 point to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should be careful while picking a crypto mixer. Which service can be trusted? How can a crypto holder be certain that a mixing platform will not take all the sent coins? This article is here to reply to these questions and assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the best existing mixers that were chosen by clients and are highly recommended. Let’s look closely at the listed coin tumblers and describe all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, 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 identifiable.
There is one feature 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 forwarded 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.
Blender has a simple interface, it is easy to use and straightforward. 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 mixer provides a user with a special mixing code which assures that fresh crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to guarantee 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 mixer 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 stolen. The number of needed confirmations differs depending on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of sending more than 1000 BTC a user needs to gather 5 confirmations.
To operate on this crypto mixer, a CryptoMixer code needs to be created. A user should write it down, so it is easy to use it next time. After entering a CryptoMixer code, users need to provide the outgoing address or several of them and then set a time-delay option. A delay time is determined automatically and a user can adjust it if necessary. A service fee can be also chosen from the table depending on the forwarded amount. Each transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand 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 best Bitcoin mixing services that has ever existed. This mixer supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform allows a user to exchange the coins, in other words to deposit one currency and get them back 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 extra address.
One absolutely special crypto tumbler is ChipMixer because it is based on the completely different rule comparing to other tumblers. A user does not just deposit coins to mix, but creates 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 deposit coins to process. As the chips are sent to the mixing platform in advance, next 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 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 every user has a chance to manually clear all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
it is noteworthy that random amounts are sent in two and more transactions to make them less traceable.
Another reliable mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and identical with the processes on other platforms. It is possible to set a time-delay feature 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 money are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This scrambler is on the list because it works fast and it is trusty. 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 highly beneficial for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s represent another one of the best bitcoin mixing services which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it is worth mentioning 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 issues. 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 earliest crypto coin tumblers, BitBlender (BitBlender) remains a simple and usable crypto coin mixer. There is a possibility 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 is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. Also, if a user sends 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 owner should worry security breach as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this service 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 mixing service with many cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added soon. This mixer offers a very friendly user-interface, as well as the opportunity to control all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is extremely useful. 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 different resources helps the crypto mixer to maintain user’s identity incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be trustworthy having all transactions nameless. It is important to choose a crypto tumbler wisely, as a sender has no opportunity to turn to any governmental structure in case of scams. By all means, processing your deposits online can be unsafe, however, using scramblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.