As digital currency is gaining momentum around the world, 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 forwarding their digital currencies and it came to light that it is not true. On account of public administration controls, the transactions are identifiable meaning that a user’s e-mail and even personal identification information 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 crypto tumbler is a software program that breaks up a transaction, so there is an easy way to blend different parts of it with other coins. After all a sender gets back the same number of coins, but mixed up in a completely different set. Therefore, 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 cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These traces play an important role for the government to track back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible bitcoin tumbling services and secure sender’s identity. Many crypto holders do not want to let everybody know how much they gain or how they spend their money.
There is a belief among some internet surfers that using a mixer 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 reason to worry. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a crypto holder should pay attention while picking a bitcoin tumbler. Which service can be relied on? How can one be certain that a mixer will not take all the deposited coins? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s look into the listed mixers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical features that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers 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 trackable.
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 deposited coins and the outcoming transaction. In most cases, users can set the time of delay on their own 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 clear interface, it is intuitive 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 cryptocurrency tumbler provides a user with a special mixing code which guarantees that new crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to make sure that senders 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 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 service and their coins will not be taken. The number of required confirmations differs depending on the deposited amount, e.g. for depositing less that 25 BTC there is only 1 confirmation required, in case of sending more than 1000 BTC a user needs to gather 5 confirmations.
To operate on this crypto tumbler, a CryptoMixer code needs to be invented. A user should write it down, so it is easy 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 feature. A delay time is defined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the deposited amount. 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 got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixing services that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to exchange the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature helps to make 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 totally special crypto mixing service is ChipMixer because it is based on the totally different rule comparing to other tumblers. A user does not just 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 break down according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing platform prior to the transaction, 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 mixing service: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed 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 trackable.
Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard 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 funds are sent to multiple addresses. Thus, sender’s money are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler is listed because it works fast and it is trusty. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for every extra address. Splitting deposited coins between 5 addresses is also very helpful for keeping user’s anonymity. 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 best bitcoin tumblers which is incredibly user-friendly. 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 easy for a user to manually delete all the logs which are saved 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 service only.
Being one of the earliest crypto coin tumblers, BitBlender (BitBlender) remains a easy-to-use and functional crypto coin mixer. 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 itself can be performed 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 mixing service reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender 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 difficult to address this coin mixer in case of scams.
And last but not least, there is a coin mixer with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added soon. This tumbler offers a very easy-to-use user-interface, as well as the opportunity to have control over all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is extremely useful. The tumbler provides 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 various resources helps the crypto tumbler to maintain user’s personal information undetected. This last mixer 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 pick 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 risky, however, using mixing platforms that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.