As digital currency is spinning up around the world, digital money holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a crypto user can remain disguised while forwarding their digital currencies and it turned out that it is untrue. Owing to public administration controls, the transactions are identifiable meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixer.
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. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. Therefore, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks play an important role for the government to trace back outlawed 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 tracked, it is possible to use available cryptocurrency tumbling services and secure sender’s personal identity. Many digital currency owners do not want to let everybody know the amount they gain or how they spend their money.
There is a belief among some internet surfers that using a mixing service is an criminal action itself. It is not completely correct. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be sure that a mixing platform will not take all the sent digital money? This article is here to reply to these questions and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the leading existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed mixers and explain all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are important aspects that should not be overlooked. Most of the mixers 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 give a sender more options, some tumblers also allow to mix coins between the currencies which makes transactions far less identifiable.
There is one feature 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 outcoming transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. For better understanding of crypto tumblers, it is essential to review each of them independently.
Blender has a easy interface, it is easy 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 mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not blended with preceding deposits. Additional URL (Blender) is also here to ensure 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 tumbler is noteworthy for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing service and their coins will not be taken. The number of required confirmations depends on the number of deposited coins, e.g. for depositing less that 25 BTC there is only 1 confirmation required, in case of depositing more than 1000 BTC a user needs to collect 5 confirmations.
To use this crypto mixer, a CryptoMixer code needs to be invented. A user should note it, so it is possible to use it next time. After entering a CryptoMixer code, users need to enter the output 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 chosen from the table depending on the deposited sum. 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 mixers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform 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 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 extraordinary crypto tumbler is ChipMixer because it is based on the totally another principle comparing to other services. A user does not simply 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 divide according to their wishes. After chips are included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this platform: 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 a chance to manually cleanse all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
It is worth noting that random sums are sent in two and more transactions to make them less trackable.
Another reliable mixing platform 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 tumblers. It is possible to choose a time-delay feature 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 funds are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. 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 sent for each additional address. Dividing deposited coins between 5 addresses is also highly helpful for maintaining user’s confidentiality. 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 leading bitcoin tumblers which is extremely easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 saved 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 earliest crypto coin mixers, BitBlender (BitBlender) remains a user-friendly and functional 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 is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. 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 tumbler does not have 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 mixing service with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This platform offers a very simple 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 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 different 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 mixers introduced in the article are reported to be trusty having all transactions anonymous. It is important to pick a crypto mixer wisely, as a sender has no chance to turn to any authority in case of scams. Of course, processing your deposits online can be unsafe, however, using scramblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.