Since cybercash is spinning up worldwide, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone thought that a crypto user can remain disguised while forwarding their coins and it came to light that it is not true. Because of public administration controls, the transactions are traceable meaning that a sender’s electronic address and even identity can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a cryptocurrency tumbler.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other transactions used. After all a sender gets back the same number of coins, but mixed up in a completely different set. Therefore, it is impossible to track the transaction back to a user, so one can stay calm that identity is not uncovered.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces are essential for the authorities to trace back illegal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use accessible bitcoin mixers and secure sender’s personal identity. Many bitcoin holders do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some internet users that using a scrambler is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no point to be concerned. There are many services that are here for cryptocurrency owners to mix their coins.
However, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can one be certain that a scrambler will not take all the deposited coins? This article is here to answer these concerns and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the top existing scramblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed mixers and explain all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to mix coins between the currencies which makes transactions far less traceable.
There is one option that is not represented 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. To get a better understanding of crypto mixers, it is necessary to consider each of them independently.
Blender has a clear 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 additional 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 senders can get to the scrambler, even if the main link is not available.
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 coins will not be taken. The number of required confirmations depends on the deposited amount, 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 operate on 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 provide the output address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can adjust it if needed. A service fee can be also selected 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 top Bitcoin mixers that has ever existed. This scrambler supports not only the most popular cryptocurrency, 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 receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One totally extraordinary crypto tumbler is ChipMixer because it is based on the completely another rule comparing to other services. A user does not merely 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 divide according to their wishes. After chips are added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually clear 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 unusual, 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 identifiable.
Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively standard and similar to the processes on other mixers. There is a possibility to set a time-delay option 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 money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This mixer is on the list because it works quickly and it is trusty. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be added for each additional address. Dividing 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 take a look at another one of the top bitcoin mixers which is really easy to use. 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 possible for a user to manually remove all the logs which are stored 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 oldest crypto coin tumblers, BitBlender (BitBlender) remains a simple 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 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. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should be afraid of security leak 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 coin scrambler in case of scams.
And last but not least, there is a crypto coin tumbler with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This mixer offers a very simple 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 useful. The platform gives the opportunity to use a calculator to understand the amount of money 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 mixing platform to keep user’s identity 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 mixer wisely, as a sender has no opportunity to address any governmental structure in case of scams. Of course, processing your deposits online can be unsafe, however, using mixing platforms that are listed in the article will help every user to reduce risks and be sure of success of the transaction.