Since cybercash is spinning up around the world, digital money holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a sender can remain unidentified while forwarding their digital currencies and it turned out that it is untrue. On account of the implementation of government policies, the transactions are identifiable meaning that a user’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but blended in a non-identical set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that identity 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 marks play an important role for the authorities to track back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use available cryptocurrency tumbling services and secure sender’s personal identity. Many digital currency holders do not want to inform everyone the amount they gain or how they use up their money.
There is a belief among some web surfers that using a scrambler is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be sure that a scrambler will not take all the deposited coins? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the best existing tumblers 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 essential aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to mix 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 deposited coins and the outcoming 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 necessary to consider each of them independently.
Blender has a clear interface, it is easy 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 output address. As one of the few, this mixer provides a user with a special mixing code which assures that new crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to guarantee that senders can get to the mixer, even if the main link is not available.
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 there is no doubt that users can trust this mixing service and their coins will not be taken. The number of needed confirmations depends 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 use this crypto tumbler, a CryptoMixer code needs to be invented. A user should note it, so it is possible 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 option. A delay time is determined automatically and a user can modify it if needed. A service fee can be also selected from the table depending on the sent sum. Each 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 mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and get them back in another currency. This process even increases user’s anonymity. Time-delay feature helps to make a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely extraordinary crypto mixing service is ChipMixer because it is based on the totally different idea comparing to other services. A user does not merely 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 included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this mixer: 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 an opportunity to manually cleanse 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 clean coins is also quite unique, as the mixer 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 reliable mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and identical with the processes on other tumblers. There is a possibility to choose 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 funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler is on the list because it works quickly and it is reliable. 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 extremely helpful for keeping user’s anonymity. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the leading bitcoin mixers which is extremely 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 delete all the logs which are saved for this period because of any future transaction-related issues. 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 user-friendly and functional crypto coin tumbler. 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 process is realizable 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 owner 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 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 mixing service with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This tumbler offers a very simple 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 incredibly helpful. The tumbler provides the opportunity to use a calculator to understand the amount of funds 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 many resources helps the crypto mixer to keep user’s identity undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be trustworthy having all transactions unidentified. It is important to pick a mixing platform wisely, as a sender has no opportunity to turn to any authority in case of scams. Of course, processing your deposits online can be unsafe, however, using coin tumblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.