Since bitcoin is spinning up across the globe, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is untrue. Because of the implementation of government policies, the transactions are traceable meaning that a user’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency mixer.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a completely different set. As a result, 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 no different, is carved in the blockchain and it leaves marks. These traces play an important role for the authorities to track back outlawed 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 available bitcoin mixers and secure sender’s identity. Many bitcoin owners do not want to inform everyone the amount they gain or how they use up their money.
There is an opinion among some web users that using a mixing service is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of crypto blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should pay attention while picking a digital currency scrambler. Which service can be relied on? How can one be sure that a scrambler will not steal all the deposited coins? This article is here to answer these questions and assist every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are important features that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other coins, 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 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 necessary to consider each of them separately.
Blender has a easy 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 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 mixed with previous 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 working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This tumbler 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 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 use this crypto tumbler, a CryptoMixer code needs to be invented. A user should write it down, so it is possible to use it next time. After entering a CryptoMixer code, users need to enter the output address or several of them and then set a time-delay option. A delay time is defined automatically and a user can change it if necessary. A service fee can be also selected from the table depending on the forwarded sum. 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 received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin tumblers that has ever appeared. This mixer supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one type of coins and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally special crypto tumbler is ChipMixer because it is based on the absolutely different principle comparing to other mixers. A user does not just deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can break down according to their wishes. After chips are added to the wallet, a wallet owner can forward 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 owner. There is no standard fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito 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 service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting clean 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 is worth noting that random amounts are sent in two and more transactions to make them less identifiable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively standard and similar to the processes on other tumblers. 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 coins are sent to several addresses. Thus, sender’s funds are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is listed because it works quickly and it is reliable. The transaction fee is really low, only the amount of 0.0001 BTC needs to be added for every extra address. Dividing deposited coins between 5 addresses is also greatly helpful 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 leading bitcoin mixing services which is incredibly easy to use. 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 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 oldest crypto coin tumblers, BitBlender (BitBlender) continues to be a easy-to-use and functional mixing platform. There is a possibility to have two accounts, with and without registration. The difference is that the one without registration is less controllable 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 crypto mixer reduces the fee by half. Using 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 service does not have a Letter of Guarantee which makes it difficult to address this coin scrambler in case of scams.
And last but not least, there is a coin mixer with several cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added soon. This platform offers a very friendly user-interface, as well as the possibility to have control over 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 platform provides 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 crypto mixer to keep user’s personal information undetected. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be reliable having all transactions nameless. It is important to pick a mixing platform wisely, as a sender has no opportunity to address any authority in case of scams. Of course, handling your deposits online can be risky, however, using coin tumblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.