Since cybercash is spinning up worldwide, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone used to believe that a sender can remain disguised while forwarding their digital currencies and it turned out that it is untrue. Because of public administration controls, the transactions are which means that a sender’s electronic address and even personal identification information can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a crypto tumbler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are essential for the government to track back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use available bitcoin tumblers and secure sender’s identity. Many bitcoin owners do not want to let everybody know the amount they earn or how they use up their money.
There is a belief among some web users that using a mixing service is an criminal action itself. It is not entirely correct. As mentioned before, there is a possibility of coin blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to blend their coins.
Nevertheless, a digital currency owner should be careful while picking a digital currency scrambler. Which platform can be relied on? How can a crypto holder be certain that a mixing platform will not steal all the deposited coins? This article is here to answer these concerns and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing mixers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important aspects that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
There is one feature 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 forwarded coins and the outcoming transaction. In most cases, users can set the time of delay by themselves 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 separately.
Blender has a straightforward interface, it is convenient 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 outgoing 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 preceding deposits. Additional URL (Blender) is also here to make sure that users 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 mixing service is remarkable 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 required 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 sending more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this crypto mixer, 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 outgoing address or several of them and then set a time-delay option. A delay time is determined automatically and a user can modify it if needed. A service fee can be also selected from the table depending on the sent sum. 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 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 appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely 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 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 holder can deposit coins to process. As the chips are sent to the mixing service beforehand, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous 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 mixing platform 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 mixing service requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them untraceable.
Another reliable mixing platform 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 platforms. There is a possibility to set a time-delay feature up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to multiple addresses. Thus, sender’s funds are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer is listed because it works fast and it is reliable. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also greatly helpful for keeping user’s anonymity. Every user is able to select 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 mixing services which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 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 platform only.
Being one of the earliest mixing services, BitBlender (BitBlender) continues to be a user-friendly 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 more anonymous. Also, if a user deposits more than 10 BTC in a week, the platform reduces the fee by half. Using 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 an owner 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 mixing service with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added in future. This platform offers a very friendly 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 extremely useful. The mixer provides the opportunity to use a calculator to understand the amount of funds 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 tumbler to keep user’s personal information incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented in the article are reported to be trusty having all transactions unidentified. It is important to choose a crypto mixer wisely, as a sender has no chance to turn to any governmental structure in case of scams. By all means, processing 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.