As digital money is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a sender can remain unidentified while depositing their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are detectable meaning that a sender’s electronic address and even identity can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency mixer.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other coins. In the end a user gets back the same number of coins, but mixed up in a completely different set. Consequently, it is impossible to trace 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 cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These marks play an important role for the authorities to trace back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use available bitcoin tumbling services and secure sender’s identity. Many crypto holders do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some internet surfers that using a scrambler is an illegal action itself. It is not completely true. As outlined above, there is a possibility of coin blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be relied on? How can one be certain that a mixer will not steal all the sent coins? 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 tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and describe all options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are critical options that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most common digital money. Although there are a few coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to blend coins between the currencies which makes transactions far less traceable.
There is one feature 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 consider each of them separately.
Blender has a straightforward 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 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 blended with previous deposits. Additional URL (Blender) is also here to ensure that users can get to the tumbler, even if the main link is not available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer 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 taken. The number of needed confirmations depends on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of sending 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 possible to use it next time. After providing a CryptoMixer code, users need to enter the outgoing address or several of them and then set a time-delay option. A delay time is defined automatically and a user can change it if needed. A service fee can be also chosen from the table depending on the deposited amount. Each 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 mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap 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 helps to make 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 absolutely unique crypto mixer is ChipMixer because it is based on the totally different idea comparing to other tumblers. A user does not merely 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 added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing platform in advance, following transactions are nowhere to be found and it is not possible 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 anonymous and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually clear all logs prior to this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting clean coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It is worth noting that random sums are sent in two and more transactions to make them less traceable.
Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and identical with the processes on other platforms. There is a possibility to choose a time-delay option up to 72 hours and a sender has an opportunity to divide 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 mixing service. This scrambler is on the list because it works quickly and it is trusty. The transaction fee is really 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 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 take a look at another one of the leading bitcoin tumblers which is extremely easy to operate. 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 delete 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 coin tumbler only.
Being one of the oldest mixing services, BitBlender (BitBlender) continues to be a easy-to-use and usable crypto coin mixer. There is a possibility to have two accounts, with and without registration. The difference is that the one without registration is less manageable by a user.
The mixing process can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user sends 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 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 tumbler does not offer a Letter of Guarantee which makes it hard to turn to this coin scrambler in case of scams.
And last but not least, there is a platform with several cryptocurrencies to mix 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 possibility to control all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is extremely 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 maintain 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 pick a crypto tumbler wisely, as a sender has no chance to address any governmental structure in case of scams. Of course, processing your deposits online can be risky, 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.