Since digital money is spinning up worldwide, digital money holders have become more aware about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain incognito while depositing their coins and it turned out that it is untrue. Because of public administration controls, the transactions are which means that a user’s e-mail and even identity can be revealed. 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 splits a transaction, so there is an easy way to mix different parts of it with other coins. After all a user gets back the same number of coins, but blended in a completely different set. As a result, there is no way to track the transaction back to a user, so one can stay calm that identity is not revealed.
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 marks are important for the government to track back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use available crypto mixing services and secure sender’s identity. Many crypto holders do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some web users that using a scrambler is an illegal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no need to worry. There are many services that are here for bitcoin holders to mix their coins.
However, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which service can be trusted? How can a crypto holder be sure that a scrambler will not steal all the sent coins? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed coin tumblers and describe all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to combine coins between the currencies which makes transactions far less traceable.
There is one feature 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 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 necessary to review each of them separately.
Blender has a easy interface, it is intuitive 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 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 mixed with preceding deposits. Additional URL (Blender) is also here to make sure that senders 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 mixer 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 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 sending more than 1000 BTC a user needs to gather 5 confirmations.
To operate on this crypto tumbler, a CryptoMixer code needs to be created. A user should note it, so it is easy to use it next time. After entering 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 change it if needed. A service fee can be also selected from the table depending on the forwarded amount. Every transaction requires additional 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 leading Bitcoin tumblers that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one currency and receive them in another type of coins. This process even increases user’s anonymity. 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 absolutely unique crypto tumbler is ChipMixer because it is based on the absolutely different principle comparing to other tumblers. A user does not merely deposit coins to clean, but makes 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 platform in advance, following transactions are nowhere to be found 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 incognito and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually clear all logs prior to 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 renewed coins is also quite unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
It is worth noting that random sums are sent in two and more transactions to make them untraceable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively standard and identical with 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 funds are sent to several addresses. Thus, sender’s money are more protected 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 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 beneficial 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 more anonymous.
Let’s represent another one of the leading bitcoin mixers which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 delete all the logs which are saved for this period because of any possible transaction-related issues. 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 mixers, BitBlender (BitBlender) continues to be 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 more anonymous. 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 holder should worry security problems 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 hard to turn to this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with several cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This mixer offers a very friendly user-interface, as well as the possibility 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 useful. The platform gives 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 different resources helps the mixing platform to keep user’s personal information undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trustworthy having all transactions nameless. It is important to choose a crypto mixer wisely, as a sender has no opportunity to address any authority in case of scams. By all means, processing your deposits online can be risky, however, using scramblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.