Since bitcoin is gaining momentum across the globe, bitcoin holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a sender can remain unidentified while forwarding their digital currencies and it came to light that it is not true. On account of public administration controls, the transactions are which means that a user’s electronic address and even identity can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, there is no way to trace the transaction back to a user, so one can stay calm that identity is not uncovered.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces are important for the authorities to trace back outlawed transactions, such as purchasing 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 available bitcoin mixing services and secure sender’s personal identity. Many crypto owners do not want to inform everyone how much they earn or how they spend their money.
There is a belief among some internet surfers that using a mixer is an illegal action itself. It is not completely true. As mentioned before, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for bitcoin holders to mix their coins.
However, a digital currency owner should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can one be certain that a mixing platform will not take all the deposited digital money? This article is here to answer these concerns and assist every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing mixers that were chosen by clients and are highly recommended. Let’s look into the listed mixers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
There is one option 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 sent coins and the outgoing 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 necessary to consider each of them independently.
Blender has a clear interface, it is easy 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 output address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which assures that new crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to make sure that users can get to the mixing service, 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 service and their cryprocurrencies will not be stolen. The number of needed confirmations depends on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation required, in case of depositing more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this crypto mixer, a CryptoMixer code needs to be created. A user should note it, so it is possible 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 necessary. A service fee can be also selected from the table depending on the sent amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand 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 crypto coins. Exactly this platform allows a user to swap the coins, in other words to send one currency 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 additional address.
One absolutely extraordinary crypto mixing service is ChipMixer because it is based on the absolutely another principle comparing to other mixers. 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 added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform beforehand, 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 platform: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another coin tumbler 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 mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
It is worth noting that random sums are sent in two and more transactions to make them less identifiable.
Another reliable tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and identical with the processes on other mixers. There is a possibility to choose a time-delay option up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to several addresses. Thus, sender’s money are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is on the list because it works quickly and it is trusty. The transaction fee is really small, only the amount of 0.0001 BTC needs to be added for each additional address. Splitting deposited coins between 5 addresses is also extremely helpful 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 take a look at another one of the best bitcoin mixers which is really easy to use. Bitcoin Laundry (Bitcoin Laundry) has a straightforward interface and it is worth mentioning that the service fee is the smallest 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 remove all the logs which are saved for this period because of any possible transaction-related issues. There is a time-delay feature, however, it is not possible to be controlled by a user but the mixing service only.
Being one of the earliest crypto coin tumblers, BitBlender (BitBlender) continues to be a simple and usable 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 is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. 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 holder should worry security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixing platform does not offer a Letter of Guarantee which makes it challenging to turn to this coin scrambler in case of scams.
And last but not least, there is a crypto coin tumbler with many cryptocurrencies to mix named SmartMixer (SmartMixer). For now, 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 steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is incredibly useful. The mixer 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 various resources helps the crypto mixer to maintain user’s personal information undiscovered. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented 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 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 introduced in the article will help every user to minimize risks and be sure of success of the transaction.