As digital currency is spinning up around the world, bitcoin holders have become more conscious about the anonymity of their purchases. 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. Because of the implementation of government policies, the transactions are traceable meaning that a user’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a crypto mixer.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to mix different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, there is no possibility to track the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces are important for the authorities 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 traced, it is possible to use accessible cryptocurrency tumblers and secure sender’s personal identity. Many digital currency owners do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some web users that using a scrambler is an illegal action itself. It is not entirely correct. As outlined above, there is a possibility of crypto blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should be careful while picking a bitcoin tumbler. Which service can be trusted? How can one be sure that a scrambler will not steal all the sent coins? This article is here to answer these concerns and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed 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 policy, these are important options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular 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 options, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
There is one option that is not displayed in the above table and it is time-delay. This feature helps a user and a transaction itself to stay incognito, as there is a gap between the sent coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. For better understanding of crypto mixers, it is essential to consider each of them separately.
Blender has a simple interface, it is easy to use and straightforward. Time-delay option can be set up to 24 hours. With regard to the fee, there is an additional fee of 0.0005 % per outgoing 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 make sure 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 mixing service 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 needed confirmations differs depending on the deposited amount, 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 operate on this platform, a CryptoMixer code needs to be invented. A user should note it, so it is easy 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 feature. A delay time is defined automatically and a user can modify it if necessary. A service fee can be also selected from the table depending on the forwarded amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the amount of crypto money 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 Bitcoins, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to send one type of coins and get them back in another currency. This process even increases user’s anonymity. 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 additional address.
One completely unique crypto mixing service is ChipMixer because it is based on the totally different principle comparing to other services. 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 split according to their wishes. After chips are added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service in advance, following transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually clear 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 clean coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
It should be pointed out that random amounts are sent in two and more transactions to make them less trackable.
Another trustworthy tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively standard and similar to the processes on other tumblers. There is a possibility to set a time-delay feature up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to multiple addresses. Thus, sender’s money are more protected 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 low, only the amount of 0.0001 BTC needs to be sent for every extra address. Dividing deposited coins between 5 addresses is also highly 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 more anonymous.
Let’s represent another one of the best bitcoin mixing services which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it is worth mentioning 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 mixing platform only.
Being one of the earliest crypto coin tumblers, BitBlender (BitBlender) remains a simple 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 itself 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. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner should be afraid of security leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixer does not offer a Letter of Guarantee which makes it difficult to address this coin mixer in case of scams.
And last but not least, there is a coin mixer with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This platform offers a very simple user-interface, as well as the opportunity to have control over all phases of the mixing process. A user can select 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 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 various resources helps the crypto mixer to keep user’s personal information 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 nameless. 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.