Since digital money is spinning up worldwide, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a sender can remain unidentified while forwarding their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are detectable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be worried, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. In the end a sender gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, it is impossible to track the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These traces are important for the authorities to trace back illegal transactions, such as buying weapon, 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 accessible bitcoin tumblers and secure sender’s identity. Many digital currency owners do not want to let everybody know how much they gain or how they spend their money.
There is a belief among some web users that using a mixer is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should be careful while choosing a bitcoin tumbler. Which platform can be relied on? How can one be sure that a scrambler will not steal all the deposited coins? This article is here to reply to these concerns and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the best existing tumblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common digital money. 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 options, some tumblers also allow to mix coins between the currencies which makes transactions far less trackable.
There is one option 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 outgoing 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 separately.
Blender has a simple interface, it is intuitive 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 assures that new crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to guarantee that users 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 mixer 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 service and their cryprocurrencies 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 collect 5 confirmations.
To operate on this crypto tumbler, a CryptoMixer code needs to be created. A user should write it down, 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 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. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the amount of crypto money sent and received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixers that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one type of coins and receive them in another currency. This process even increases user’s anonymity. Time-delay feature makes a transaction untraceable, 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 tumbler is ChipMixer because it is based on the absolutely different principle comparing to other mixers. A user does not merely deposit coins to clean, 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 added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this platform: 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 cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler 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 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 traceable.
Another trustworthy tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard and identical with the processes on other mixers. 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 funds are sent to several addresses. Thus, sender’s money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This scrambler is on the list because it works quickly and it is reliable. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be added for each additional address. Splitting deposited coins between 5 addresses is also greatly 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 take a look at another one of the leading bitcoin mixing services which is extremely user-friendly. 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 possible for a user to manually delete all the logs which are stored 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 service only.
Being one of the earliest mixing services, BitBlender (BitBlender) remains a easy-to-use and functional crypto coin tumbler. It is possible to have two accounts, with and without registration. The difference is that the one without registration is less manageable 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 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 be afraid of security breach as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this mixing platform 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 crypto coin tumbler 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 platform offers a very friendly user-interface, as well as the possibility to control all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is very helpful. The tumbler provides the opportunity to use a calculator to understand the amount of money 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 different resources helps the crypto tumbler to keep user’s personal information undetected. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trusty having all transactions anonymous. It is important to pick a crypto tumbler wisely, as a sender has no chance to turn to any authority in case of scams. Of course, processing your deposits online can be risky, however, using coin tumblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.