Since digital money is gaining momentum around the world, digital money holders have become more aware about the anonymity of their purchases. Everyone thought that a sender can remain disguised while forwarding their coins and it turned out that it is untrue. Owing to the implementation of government policies, the transactions are meaning that a sender’s electronic address and even personal identification information 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 program that splits a transaction, so there is an easy way to mix several parts of it with other coins. In the end a sender gets back the same number of coins, but blended in a completely different set. As a result, it is impossible 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 realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces are important for the government to track back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use accessible crypto mixers and secure sender’s personal identity. Many digital currency holders 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 scrambler is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. 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 help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential options that should not be overlooked. 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 identifiable.
There is one option that is not represented 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 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 essential to consider each of them independently.
Blender has a easy 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 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 blended with previous deposits. Additional URL (Blender) is also here to guarantee that users can get to the mixer, even if the main link is not working.
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 it is without a doubt that users can trust this mixing service and their cryprocurrencies will not be stolen. The number of required confirmations depends on the number of deposited coins, e.g. for depositing less that 25 BTC there is only 1 confirmation needed, in case of depositing more than 1000 BTC a user needs to collect 5 confirmations.
To use this platform, 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 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. Every transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 best Bitcoin mixing services that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to deposit one type of coins and get them back in another type of coins. 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 additional address.
One totally extraordinary crypto tumbler is ChipMixer because it is based on the completely another rule 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 included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: it uses “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 affordable. Retention period is 7 days and each sender 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 renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them less identifiable.
Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and identical with the processes on other mixers. It is possible to choose a time-delay feature up to 72 hours and a sender has an opportunity to split the transaction, so the funds are sent to multiple addresses. Thus, sender’s money are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is listed because it works fast and it is reliable. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be added for every extra address. Splitting deposited coins between 5 addresses is also very 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 more anonymous.
Let’s represent another one of the best bitcoin tumblers which is really easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 remove all the logs which are saved 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 mixer only.
Being one of the earliest mixing services, BitBlender (BitBlender) remains a simple and usable 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 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 platform reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner should be afraid of security leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it difficult to address this coin mixer in case of scams.
And last but not least, there is a platform with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This platform offers a very simple user-interface, as well as the opportunity to control all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is very useful. The platform 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 many resources helps the crypto mixer to maintain user’s personal information undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be trusty having all transactions nameless. It is important to choose a crypto mixer wisely, as a sender has no opportunity to turn to any authority in case of scams. By all means, handling your deposits online can be risky, however, using coin tumblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.