As digital money is spinning up across the globe, digital money holders have become more aware about the anonymity of their affairs. Everyone thought that a sender can remain incognito while depositing their digital currencies and it came to light that it is not true. On account of the implementation of government policies, the transactions are traceable meaning that a user’s electronic address and even personal identification information can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, there is no way to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks are essential for the state to trace back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use available crypto mixing services and secure sender’s identity. Many crypto owners do not want to let everybody know how much they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixing service is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of coin mixing to become illegal, 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 crypto holder should pay attention while picking a bitcoin tumbler. Which service can be relied on? How can a crypto holder be sure that a scrambler will not take all the deposited coins? This article is here to answer these concerns and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the top existing mixers that were chosen by customers and are highly recommended. Let’s look closely at the listed coin tumblers and explain all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are essential aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one feature that is not displayed 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 forwarded coins and the outgoing 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 essential to consider each of them independently.
Blender has a straightforward interface, it is convenient 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 blended with previous deposits. Additional URL (Blender) is also here to ensure 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 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 deposits will not be taken. The number of required confirmations differs depending on the deposited amount, e.g. for sending 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 operate on this crypto mixer, a CryptoMixer code needs to be created. A user should note it, so it is possible 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 option. 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 deposited amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see the amount of crypto money sent and got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixing services that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. 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 untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One absolutely extraordinary crypto mixer is ChipMixer because it is based on the completely another rule comparing to other tumblers. A user does not simply 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 included in 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 there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this platform: 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 every user has an opportunity to manually clear 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 charged. The process of getting clean coins is also quite unusual, 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 sums are sent in two and more transactions to make them untraceable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite typical and similar to the processes on other platforms. It is possible 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 undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler is on the list because it works quickly and it is reliable. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be added for every extra address. Splitting deposited coins between 5 addresses is also highly helpful for keeping user’s anonymity. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even more anonymous.
Let’s take a look at another one of the top bitcoin mixing services which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 possible 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 mixer only.
Being one of the oldest mixing services, BitBlender (BitBlender) continues to be a easy-to-use and functional mixing platform. 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 mixing service 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 service does not offer a Letter of Guarantee which makes it challenging to address this coin scrambler in case of scams.
And last but not least, there is a platform with many cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added in future. This mixer offers a very simple 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 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 various resources helps the crypto tumbler to keep user’s personal information incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be reliable 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. By all means, processing your deposits online can be risky, however, using mixing platforms that are listed in the article will help every user to reduce risks and be sure of success of the transaction.