As bitcoin is spinning up across the globe, bitcoin holders have become more conscious about the anonymity of their purchases. Everyone was of the opinion that a sender can remain disguised while depositing their coins and it came to light that it is untrue. Because of the implementation of government policies, the transactions are meaning that a sender’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a crypto mixing service.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, there is no way to trace the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These marks play an important role for the state to trace back illegal 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 traced, it is possible to use accessible bitcoin tumbling services and secure sender’s personal identity. Many digital currency holders do not want to inform everyone how much they gain or how they use up their money.
There is an opinion among some web users that using a scrambler is an criminal action itself. It is not entirely correct. As mentioned before, there is a possibility of cryptocurrency blending to become unlawful, 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 blend their coins.
However, a digital currency owner should pay attention while picking a crypto mixer. Which platform can be relied on? How can one be sure that a tumbler will not take all the sent digital money? This article is here to reply to these concerns and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing mixers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical options that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
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 stay incognito, 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 several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to review each of them independently.
Blender has a straightforward 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 previous deposits. Additional URL (Blender) is also here to make sure 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 mixing service is remarkable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is without a doubt that users can trust this mixing platform and their coins will not be taken. The number of required confirmations differs depending on the number of deposited coins, e.g. for depositing less that 25 BTC there is only 1 confirmation needed, in case of depositing more than 1000 BTC a user needs to gather 5 confirmations.
To use 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 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 adjust it if needed. A service fee can be also chosen from the table depending on the sent 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 received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin tumblers that has ever existed. This tumbler supports not only Bitcoins, 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 makes a transaction untraceable, 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 mixing service is ChipMixer because it is based on the totally different principle comparing to other tumblers. A user does not merely 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 break down according to their wishes. After chips are added to the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this platform: 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 cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of 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 platform 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 sums are sent in two and more transactions to make them less identifiable.
Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and similar to the processes on other mixers. There is a possibility to choose a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the funds are sent to several addresses. Thus, sender’s money are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is on the list because it works quickly and it is reliable. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be added for each additional address. Dividing deposited coins between 5 addresses is also extremely beneficial for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s represent another one of the leading bitcoin tumblers which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it should be noted that the service fee is the smallest 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 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 tumblers, BitBlender (BitBlender) remains a user-friendly and functional 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 itself is realizable 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 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 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 coin mixer with many cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This mixer 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 very helpful. The tumbler provides 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 different resources helps the crypto tumbler to maintain user’s personal information undiscovered. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be reliable having all transactions unidentified. It is important to choose a crypto mixer wisely, as a sender has no opportunity to address any authority in case of scams. Of course, handling your deposits online can be unsafe, however, using scramblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.