As digital currency is spinning up around the world, digital money holders have become more conscious about the confidentiality of their transactions. Everyone thought that a sender can remain incognito while forwarding their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are which means that a sender’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a Bitcoin mixer.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend different parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but blended in a completely different set. Consequently, there is no possibility to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces are essential for the state to track back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use available bitcoin mixers and secure sender’s identity. Many bitcoin holders do not want to let everybody know how much they gain or how they use up their money.
There is a belief among some web surfers that using a tumbler is an criminal action itself. It is not completely correct. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to mix their coins.
Nevertheless, a crypto holder should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can one be certain that a mixer will not steal all the deposited coins? This article is here to reply to these concerns and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the best existing mixers that were chosen by customers and are highly recommended. Let’s look into the listed crypto 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 important features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto tumblers that mix other cryptocurrencies, 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 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 remain anonymous, as there is a gap between the deposited 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 review each of them separately.
Blender has a straightforward interface, it is intuitive to use and uncomplicated. 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 mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to ensure that users 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 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 platform and their coins will not be stolen. The number of needed confirmations differs depending on the deposited amount, e.g. for sending 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 crypto tumbler, a CryptoMixer code needs to be invented. A user should write it down, so it is easy to use it next time. After entering a CryptoMixer code, users need to enter the outgoing address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can adjust it if necessary. A service fee can be also selected 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 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 leading Bitcoin mixers that has ever appeared. This mixer supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange 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 additional address.
One totally unique crypto mixing service 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 included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it applies “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 affordable. Retention period is 7 days and every user has a chance to manually clear all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them less traceable.
Another reliable scrambler 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 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 several addresses. Thus, sender’s funds are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer is listed because it works quickly and it is reliable. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be added for each additional address. Dividing deposited coins between 5 addresses is also highly helpful for keeping user’s anonymity. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s represent another one of the leading bitcoin mixing services which is incredibly user-friendly. 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 easy for a user to manually remove 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 coin tumbler only.
Being one of the oldest mixing services, BitBlender (BitBlender) remains a user-friendly and usable crypto coin tumbler. 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 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 sends 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 breach 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 offer a Letter of Guarantee which makes it challenging to turn to this coin mixer in case of scams.
And last but not least, there is a platform with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This tumbler offers a very friendly user-interface, as well as the opportunity 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 helpful. 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 various resources helps the crypto tumbler to keep user’s identity incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be trusty having all transactions anonymous. It is important to choose a mixing platform wisely, as a sender has no opportunity to turn to any governmental structure in case of scams. By all means, processing your deposits online can be unsafe, however, using mixing platforms that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.