As digital currency is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity 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 not true. On account of public administration controls, the transactions are detectable meaning that a user’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward 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. Therefore, it is impossible 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 are aware, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces are important for the authorities to track back criminal transactions, such as purchasing guns, 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 mixers and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know how much they earn or how they spend their money.
There is an opinion 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 coin mixing to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no need to worry. There are many services that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can a crypto holder be sure that a mixer will not steal all the deposited coins? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are important aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. 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 mixing services also allow to combine coins between the currencies which makes transactions far less identifiable.
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 sent 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 tumblers, it is essential to consider each of them independently.
Blender has a easy 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 extra 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 new crypto coins are not blended with preceding deposits. Additional URL (Blender) is also here to make sure that users can get to the mixer, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer is remarkable 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 platform 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 needed, 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 created. A user should write it down, 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 option. A delay time is defined automatically and a user can modify it if necessary. A service fee can be also chosen from the table depending on the sent sum. Each 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 best Bitcoin mixers that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s confidentiality. 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 additional address.
One absolutely special crypto mixing service is ChipMixer because it is based on the completely different rule comparing to other services. A user does not merely 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 added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable and it is not possible 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 applied in a random way making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has a chance to manually cleanse all logs prior to this period. Another mixing platform 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 unique, as the platform 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 in future. The mixing process is quite standard and similar to the processes on other tumblers. 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 protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This scrambler is listed because it works fast 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 greatly beneficial for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the best bitcoin mixing services which is really easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 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 mixing platform only.
Being one of the oldest mixing services, BitBlender (BitBlender) remains a user-friendly and functional mixing platform. There is a possibility to have two accounts, with and without registration. The difference is that the one without registration is less controllable by a user.
The mixing itself is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. Also, if a user deposits more than 10 BTC in a week, the platform 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 leak 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 hard to turn to this coin scrambler in case of scams.
And last but not least, there is a crypto coin tumbler with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented in future. This tumbler offers a very friendly 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 helpful. The platform provides the opportunity to use a calculator to understand the amount of funds 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 different resources helps the crypto tumbler to maintain user’s personal information undiscovered. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be reliable having all transactions unidentified. It is important to pick a crypto mixer wisely, as a sender has no opportunity to address any authority in case of scams. By all means, handling your deposits online can be risky, however, using scramblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.