As bitcoin is spinning up around the world, bitcoin 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 digital currencies and it turned out that it is untrue. Owing to public administration controls, the transactions are identifiable which means that a user’s electronic address 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 crypto mixer.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend 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 trace the transaction back to a sender, so one can stay calm that identity is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves traces. These marks are essential for the government to trace back outlawed 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 traced, it is possible to use available cryptocurrency tumbling services and secure sender’s identity. Many bitcoin holders do not want to let everybody know the amount they gain or how they spend their money.
There is a belief among some internet surfers that using a tumbler is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of coin mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should pay attention while picking a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be sure that a scrambler will not take all the sent coins? This article is here to reply to these questions and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are important options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common 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 opportunities, some tumblers also allow to mix coins between the currencies which makes transactions far less traceable.
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 sent 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 tumblers, it is necessary to consider each of them independently.
Blender has a clear 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 extra fee of 0.0005 % per outgoing address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which assures that new crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to guarantee that senders can get to the mixing service, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom 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 coins will not be taken. The number of required confirmations differs depending on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation needed, 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 created. A user should write it down, so it is possible 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 modify it if needed. A service fee can be also chosen from the table depending on the deposited sum. Each transaction requires additional 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 mixing services that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to send one currency and receive them in another type of coins. 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 extra address.
One completely unique crypto mixing service is ChipMixer because it is based on the completely different rule comparing to other services. 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 split 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 in advance, next 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 uses “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 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 charged. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them less identifiable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and identical with the processes on other platforms. 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 funds are sent to multiple addresses. Thus, sender’s funds are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is listed because it works quickly and it is reliable. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also very helpful for maintaining user’s confidentiality. Every user is able to select 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 tumblers which is incredibly easy to operate. 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 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 coin tumbler only.
Being one of the oldest mixing services, BitBlender (BitBlender) remains a easy-to-use 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 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 platform 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 a holder of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it challenging to address this coin scrambler in case of scams.
And last but not least, there is a mixing service with several 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 easy-to-use user-interface, as well as the opportunity to control all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is very helpful. The platform provides 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 identity undetected. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be trustworthy having all transactions anonymous. It is important to choose a crypto mixer wisely, as a sender has no chance to address any governmental structure in case of scams. Of course, processing 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.