Since cybercash is gaining momentum across the globe, digital money holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain disguised while depositing their digital currencies and it came to light that it is untrue. On account of public administration controls, the transactions are traceable meaning that a user’s electronic address and even identity can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin mixer.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Consequently, it is impossible to trace the transaction back to a user, 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 no different, is imprinted in the blockchain and it leaves marks. These marks are essential for the authorities to track back criminal transactions, such as purchasing guns, 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 accessible bitcoin tumblers and secure sender’s personal identity. Many crypto owners do not want to let everybody know how much they earn or how they spend their money.
There is a belief among some internet users that using a mixing service is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide 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 bitcoin tumbler. Which platform can be trusted? How can one be certain that a mixer will not steal all the sent digital money? This article is here to reply to these concerns and help every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the top existing tumblers that were chosen by customers 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 crypto mixing services from the table support no-logs and no-registration policy, these are essential aspects that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less traceable.
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 forwarded 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. To get a better understanding of crypto mixers, it is essential to review each of them separately.
Blender has a easy interface, it is convenient 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 outgoing address. As one of the few, this mixer provides a user with a special mixing code which assures that fresh crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to ensure that users can get to the scrambler, 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 required confirmations differs depending 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 tumbler, a CryptoMixer code needs to be invented. A user should note it, so it is possible to use it next time. After providing a CryptoMixer code, users need to provide the outgoing address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can modify it if needed. A service fee can be also selected from the table depending on the deposited sum. Each transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the number of coins sent and received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to send one type of coins and receive them in another currency. 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 extra address.
One completely special crypto mixing service is ChipMixer because it is based on the absolutely another rule comparing to other mixers. A user does not simply deposit coins to clean, 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 added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet owner. 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 anonymous and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of 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 unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
It should be pointed out that random amounts are sent in two and more transactions to make them less traceable.
Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively standard and similar to the processes on other mixers. It is possible to set 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 secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler 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 every extra address. Dividing deposited coins between 5 addresses is also extremely 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 more anonymous.
Let’s take a look at another one of the best bitcoin mixers which is really 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 remove all the logs which are stored for this period because of any future transaction-related problems. 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 oldest crypto coin mixers, BitBlender (BitBlender) remains a user-friendly and usable mixing platform. It is possible 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 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 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 problems as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it hard to address this coin mixer in case of scams.
And last but not least, there is a crypto coin tumbler with many 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 simple user-interface, as well as the possibility to control all phases of the mixing process. A user can set up a delay not just by hours, but by the minute which is incredibly useful. The mixer gives 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 many resources helps the mixing platform to keep user’s identity undetected. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented in the article are reported to be reliable having all transactions unidentified. It is important to pick 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 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.