Since digital money is spinning up worldwide, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain disguised while depositing their coins and it came to light that it is untrue. Because of public administration controls, the transactions are traceable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend different parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a completely different set. Consequently, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks are important for the authorities to trace back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use available bitcoin mixing services and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some internet surfers that using a tumbler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which service can be relied on? How can a crypto holder be certain that a mixing platform will not steal all the deposited coins? This article is here to reply to these concerns and help every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the best existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed mixers 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 critical features that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most common digital money. 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 tumblers also allow to combine 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 remain anonymous, as there is a gap between the forwarded coins and the outcoming 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. To get a better understanding of crypto mixers, it is necessary to review each of them independently.
Blender has a clear interface, it is convenient to use and straightforward. Time-delay option can be set up to 24 hours. With regard to the fee, there is an additional fee of 0.0005 % per output address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which guarantees that new crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to make sure that users can get to the tumbler, even if the main link is not working.
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 there is no doubt that users can trust this mixing platform and their cryprocurrencies 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 needed, in case of sending more than 1000 BTC a user needs to gather 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 outgoing 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 needed. A service fee can be also chosen from the table depending on the sent sum. Every transaction requires additional 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 mixers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform 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 extra address.
One totally unique crypto tumbler is ChipMixer because it is based on the totally different idea comparing to other services. A user does not just deposit coins to mix, but creates 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 included in the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service prior to the transaction, 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 mixing service: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified 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 tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them untraceable.
Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively standard and similar to the processes on other platforms. There is a possibility 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 funds are more secured and untraceable.
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 sent for each additional address. Splitting 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 less traceable.
Let’s represent another one of the top bitcoin mixers which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 saved 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 service only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) continues to be a simple 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 manageable by a user.
The mixing process can be performed 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 holder should worry security leak 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 hard to turn to this coin scrambler 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 added in future. This tumbler 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 extremely 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 many resources helps the crypto mixer to keep user’s personal information undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be trustworthy having all transactions nameless. It is important to choose a mixing platform wisely, as a sender has no chance to address any governmental structure in case of scams. By all means, processing 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.