As bitcoin is spinning up worldwide, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone thought that a crypto user can remain unidentified while depositing their coins and it turned out that it is not true. Owing to public administration controls, the transactions are traceable which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Therefore, there is no way to trace the transaction back to a sender, so one can stay calm that identity is not disclosed.
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 marks play an important role for the government to trace back outlawed 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 traced, it is possible to use accessible bitcoin mixing services and secure sender’s personal 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 a belief among some internet surfers that using a tumbler is an criminal action itself. It is not completely true. As outlined above, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no need to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a crypto holder should pay attention while choosing a crypto mixer. Which platform can be relied on? How can one be certain that a mixer will not take all the sent coins? This article is here to answer these questions 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 clients and are highly recommended. Let’s look into the listed crypto mixers and describe 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 neglected. Most of the mixers are used to mix only Bitcoins as the most regular 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 opportunities, some mixing services also allow to blend coins between the currencies which makes transactions far less trackable.
There is one feature that is not displayed 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 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. For better understanding of crypto tumblers, it is essential to consider 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 output 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 mixed with preceding deposits. Additional URL (Blender) is also here to make certain that senders 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 tumbler is remarkable 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 service and their cryprocurrencies will not be taken. The number of needed confirmations differs depending on the deposited amount, 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 enter the output address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can change it if necessary. A service fee can be also selected from the table depending on the forwarded amount. Every 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 mixing services that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service 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 confidentiality. 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 completely unique crypto mixing service is ChipMixer because it is based on the totally another principle comparing to other mixers. A user does not just deposit coins to mix, 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 owner can forward coins to process. As the chips are sent to the mixing platform in advance, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually clear all logs before the end of 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 clean coins is also quite unique, as the tumbler 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 sums are sent in two and more transactions to make them less trackable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and similar to the processes on other mixers. There is a possibility to set a time-delay feature up to 72 hours and a sender has an opportunity to split the transaction, so the coins 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 reliable. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for every extra address. Splitting deposited coins between 5 addresses is also very beneficial for keeping user’s anonymity. 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 extremely easy to use. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it should be noted 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 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 mixing service only.
Being one of the oldest crypto coin tumblers, BitBlender (BitBlender) continues to be a user-friendly and functional mixing platform. 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 process 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 crypto mixer 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 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 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 many cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This tumbler offers a very friendly user-interface, as well as the possibility to control all phases 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 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 different resources helps the mixing platform to keep user’s personal information incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be reliable having all transactions nameless. It is important to choose a crypto mixer wisely, as a sender has no chance to turn to any authority in case of scams. By all means, handling your deposits online can be risky, however, using scramblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.