As digital money is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their affairs. Everyone thought that a sender can remain unidentified while forwarding their coins and it turned out that it is untrue. Owing to the implementation of government policies, the transactions are detectable which means that a user’s e-mail and even identity can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a Bitcoin mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These marks are essential for the state to trace back illegal 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 tracked, it is possible to use available cryptocurrency tumblers and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they earn or how they spend their money.
There is a belief among some web users that using a tumbler is an criminal action itself. It is not entirely true. As mentioned before, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to mix their coins.
However, a crypto holder should pay attention while choosing a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not steal all the sent digital money? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the leading existing mixers that were chosen by customers and are highly recommended. Let’s look into the listed crypto mixers and describe all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are essential options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers 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 trackable.
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 stay incognito, as there is a gap between the deposited coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is necessary to review each of them separately.
Blender has a clear 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 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 make certain 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 tumbler is notable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is without a doubt that users can trust this mixing platform and their cryprocurrencies will not be taken. 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 depositing more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this crypto tumbler, a CryptoMixer code needs to be invented. A user should write it down, so it is easy to use it next time. After providing a CryptoMixer code, users need to enter the output 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 selected from the table depending on the sent 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 received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to deposit one type of coins and receive them in another type of coins. 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 extra address.
One absolutely unique crypto mixing service is ChipMixer because it is based on the totally another principle comparing to other mixers. A user does not merely 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 break down 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 service beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified 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 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 unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them less traceable.
Another reliable tumbler 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 mixers. It is possible to set 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 funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is listed because it works quickly and it is reliable. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be sent for each additional address. Dividing 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 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 use. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it is worth mentioning 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 easy for a user to manually remove all the logs which are saved for this period because of any future 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) continues to be a easy-to-use 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 process 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 crypto mixer reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should worry security breach as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this service does not have a Letter of Guarantee which makes it hard to address this coin mixer 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 represented in future. This mixer offers a very easy-to-use user-interface, as well as the opportunity to control all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is very helpful. 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 different resources helps the mixing platform 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 trustworthy having all transactions unidentified. It is important to pick a crypto mixer wisely, as a sender has no opportunity to address any governmental structure in case of scams. By all means, processing your deposits online can be risky, however, using scramblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.