As digital money is gaining momentum across the globe, bitcoin holders have become more conscious about the confidentiality of their purchases. Everyone used to believe that a crypto user can remain incognito while forwarding their coins and it came to light that it is not true. On account of public administration controls, the transactions are identifiable meaning that a user’s electronic address and even personal identification information can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a crypto mixer.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to blend different parts of it with other coins. After all a user gets back an equal quantity of coins, but blended in a non-identical 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 disclosed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These traces are essential for the authorities to track back outlawed transactions, such as buying guns, 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 cryptocurrency mixers and secure sender’s personal identity. Many bitcoin owners do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some web surfers that using a scrambler is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to be concerned. There are many services that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should be careful while picking a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be certain that a mixer will not take all the sent digital money? This article is here to answer these concerns 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 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 rule, these are critical features that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular digital money. 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 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 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 by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to review each of them independently.
Blender has a simple interface, it is intuitive to use and simple. 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 guarantees that new crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to make certain that senders 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 mixing platfrom is notable 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 coins will not be taken. The number of needed confirmations differs depending on the number of deposited coins, 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 mixer, a CryptoMixer code needs to be created. A user should note it, so it is easy to use it next time. After providing 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 defined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the deposited amount. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see the number of coins 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 aforementioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to deposit one currency and receive them in another currency. This process even increases user’s confidentiality. 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 unique crypto tumbler is ChipMixer because it is based on the totally different rule comparing to other tumblers. 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 break down according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform in advance, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this mixing service: 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 a chance to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period what means 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 clean coins are obtained from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them less traceable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and similar to the processes on other platforms. It is possible to set a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to multiple addresses. Thus, sender’s money are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler is listed because it works fast and it is trusty. The transaction fee is really low, only the amount of 0.0001 BTC needs to be sent for every extra address. Splitting deposited coins between 5 addresses is also very helpful for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the leading bitcoin mixers which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 easy for a user to manually delete all the logs which are saved for this period because of any possible transaction-related problems. 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 mixing services, BitBlender (BitBlender) remains a easy-to-use and usable crypto coin tumbler. It is possible 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 mixing service 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 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 tumbler in case of scams.
And last but not least, there is a platform with a number of 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 possibility to control all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly 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 different resources helps the crypto mixer to keep user’s personal information undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trustworthy having all transactions unidentified. It is important to choose a mixing platform wisely, as a sender has no chance to turn to any governmental structure in case of scams. Of course, processing your deposits online can be unsafe, however, using scramblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.