Since digital currency is gaining momentum across the globe, digital money holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a sender can remain incognito while forwarding their coins and it came to light that it is not true. Because of the implementation of government policies, the transactions are which means that a sender’s electronic address and even personal identification information can be disclosed. But don’t be worried, there is an answer to such governmental measures 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 mix several parts of it with other transactions used. In the end a user gets back the same number of coins, but mixed up in a non-identical set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not disclosed.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are important for the state to trace back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use available cryptocurrency mixers and secure sender’s identity. Many bitcoin owners do not want to inform everyone how much they gain or how they spend 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 previously stated, there is a possibility of cryptocurrency blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which platform can be trusted? How can one be certain that a tumbler will not steal all the deposited digital money? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing mixers that were chosen by clients and are highly recommended. Let’s look into the listed mixers and describe all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are important features that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there is a couple of coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to mix coins between the currencies which makes transactions far less traceable.
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 forwarded coins and the outgoing 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 mixers, it is necessary to consider each of them independently.
Blender has a straightforward interface, it is easy 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 cryptocurrency tumbler provides a user with a special mixing code which guarantees that fresh crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to guarantee that users can get to the tumbler, even if the main link is not available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This tumbler is remarkable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing service and their deposits will not be stolen. 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 collect 5 confirmations.
To use this crypto mixer, a CryptoMixer code needs to be invented. A user should note it, so it is possible to use it next time. After entering a CryptoMixer code, users need to enter the output address or several of them and then set a time-delay option. A delay time is defined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the deposited amount. 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 best Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one currency and receive them in another type of coins. This process even increases user’s confidentiality. 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 extra address.
One completely special crypto mixing service is ChipMixer because it is based on the completely another rule comparing to other services. A user does not just 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 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 platform in advance, next transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous 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 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 unusual, as the tumbler 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 identifiable.
Another trustworthy 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. It is possible to set a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to multiple addresses. Thus, sender’s money are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. 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 added for each additional address. Dividing deposited coins between 5 addresses is also greatly beneficial 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 take a look at another one of the best bitcoin mixing services which is extremely easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward interface and it should be noted 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 possible for a user to manually delete all the logs which are stored 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 tumblers, BitBlender (BitBlender) continues to be a easy-to-use and usable mixing platform. It is possible 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 more anonymous. Also, if a user deposits more than 10 BTC in a week, the mixing service 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 mixer does not have a Letter of Guarantee which makes it hard to address this tumbler in case of scams.
And last but not least, there is a coin mixer 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 mixer offers a very easy-to-use user-interface, as well as the possibility to control all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly useful. The tumbler gives 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 various resources helps the crypto tumbler to maintain user’s identity incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented in the article are reported to be trustworthy having all transactions anonymous. It is important to pick a crypto mixer wisely, as a sender has no chance to address any authority in case of scams. By all means, handling your deposits online can be risky, 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.