Since digital money is gaining momentum worldwide, bitcoin holders have become more aware about the anonymity of their affairs. Everyone thought that a crypto user can remain disguised while forwarding 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 e-mail and even identity can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a crypto tumbler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to blend several parts of it with other coins. In the end a user gets back the same number of coins, but blended in a completely different set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These traces are essential for the state to trace back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use available crypto tumbling services and secure sender’s personal identity. Many bitcoin owners do not want to inform everyone how much they earn or how they spend their money.
There is an opinion among some web users that using a scrambler is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should pay attention while choosing a digital currency scrambler. Which service can be trusted? How can a crypto holder be sure that a mixer will not steal all the deposited digital money? This article is here to answer these questions and help every crypto owner to make the right choice.
The digital currency mixers presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend 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 feature helps a user and a transaction itself to stay incognito, 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 several days or even hours and minutes. For better understanding of crypto tumblers, it is necessary to review each of them independently.
Blender has a clear interface, it is convenient to use and uncomplicated. 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 fresh crypto coins are not blended with preceding deposits. Additional URL (Blender) is also here to guarantee that users 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 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 platform and their coins will not be stolen. The number of required confirmations differs depending 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 note it, so it is possible to use it next time. After entering a CryptoMixer code, users need to enter the outgoing address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can adjust it if necessary. A service fee can be also selected from the table depending on the forwarded 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 mixer supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency and receive them in another currency. This process even increases user’s anonymity. Time-delay feature makes 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 totally special crypto mixer is ChipMixer because it is based on the absolutely different idea comparing to other services. A user does not simply 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 divide 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 in advance, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it applies “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 an opportunity to manually clear 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 applied. The process of getting renewed coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
It is worth noting 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 relatively typical and identical with the processes on other platforms. 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 coins are sent to multiple addresses. Thus, sender’s funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler is listed because it works quickly and it is trusty. The transaction fee is really low, only the amount of 0.0001 BTC needs to be added for every extra address. Dividing deposited coins between 5 addresses is also highly beneficial for maintaining user’s confidentiality. Every user is able to select 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 really easy to use. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 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 mixing platform only.
Being one of the earliest mixing services, BitBlender (BitBlender) continues to be a easy-to-use and usable crypto coin tumbler. 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 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 holder should be afraid of security breach as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this tumbler does not offer a Letter of Guarantee which makes it challenging to turn to this tumbler in case of scams.
And last but not least, there is a platform with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This mixer offers a very friendly user-interface, as well as the possibility to have control over 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 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 different resources helps the mixing platform to keep user’s personal information incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be reliable having all transactions nameless. It is important to choose a crypto mixer wisely, as a sender has no chance to address any authority in case of scams. Of course, handling your deposits online can be risky, however, using coin tumblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.