Since digital currency is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their transactions. Everyone thought that a crypto user can remain disguised while depositing their digital currencies and it came to light that it is not true. On account of the implementation of government policies, the transactions are identifiable which means that a sender’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cyber money mixer.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. After all a user gets back the same number of coins, but blended in a non-identical set. Consequently, there is no way to trace the transaction back to a sender, 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 carved in the blockchain and it leaves marks. These marks play an important role for the authorities to trace back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use available crypto tumbling services and secure sender’s identity. Many digital currency owners do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some internet users that using a scrambler is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of coin blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no point to be concerned. There are many services that are here for bitcoin holders to mix their coins.
Nevertheless, a crypto holder should be careful while picking a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be sure that a tumbler will not steal all the deposited coins? This article is here to reply to these concerns and help every crypto owner to make the right decision.
The crypto scramblers 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 options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are important aspects that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less identifiable.
There is one option 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 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. For better understanding of crypto mixers, it is essential to consider each of them separately.
Blender has a straightforward interface, it is intuitive to use and uncomplicated. 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 certain that users can get to the tumbler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is notable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing platform and their deposits 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 depositing more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this crypto mixer, a CryptoMixer code needs to be invented. A user should write it down, so it is possible to use it next time. After providing 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 needed. A service fee can be also selected from the table depending on the sent 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 appeared. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to deposit one type of coins and receive them in another currency. 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 absolutely special crypto tumbler is ChipMixer because it is based on the absolutely another principle comparing to other tumblers. A user does not just deposit coins to mix, but makes 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 included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service in advance, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this mixing service: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and each sender has a chance 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 charged. The process of getting renewed coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them untraceable.
Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and identical with the processes on other mixers. There is a possibility to choose a time-delay feature up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to several addresses. Thus, sender’s money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler is listed because it works fast and it is trusty. The transaction fee is quite low, 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 less traceable.
Let’s represent another one of the leading bitcoin tumblers which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 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 coin tumbler only.
Being one of the oldest crypto coin tumblers, BitBlender (BitBlender) remains a user-friendly and functional crypto coin tumbler. 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 crypto mixer 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 have a Letter of Guarantee which makes it difficult to turn to this tumbler in case of scams.
And last but not least, there is a coin mixer with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This platform offers a very easy-to-use 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 very useful. The tumbler 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 various resources helps the crypto mixer to maintain user’s personal information undiscovered. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trusty having all transactions nameless. It is important to pick a crypto mixer wisely, as a sender has no opportunity to turn to any authority in case of scams. By all means, handling your deposits online can be risky, however, using coin tumblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.