Since bitcoin is gaining momentum across the globe, digital money holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is not true. Because of the implementation of government policies, the transactions are traceable meaning that a user’s electronic address and even personal identification information can be disclosed. 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 program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. As a result, it is impossible to trace the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces play an important role for the authorities to trace back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use accessible bitcoin mixing services and secure sender’s identity. Many crypto holders do not want to inform everyone the amount they gain or how they spend their money.
There is an opinion among some web surfers that using a scrambler is an illegal action itself. It is not entirely correct. As mentioned before, there is a possibility of coin mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should pay attention while choosing a crypto mixer. Which service can be relied on? How can one be sure that a scrambler will not take all the sent coins? This article is here to reply to these concerns and assist every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential aspects that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common digital money. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to mix coins between the currencies which makes transactions far less identifiable.
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 sent 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. To get a better understanding of crypto mixers, it is essential to consider each of them separately.
Blender has a clear interface, it is intuitive 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 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 certain that senders can get to the tumbler, even if the main link is not available.
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 deposits will not be stolen. The number of required confirmations depends 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 gather 5 confirmations.
To use this crypto tumbler, a CryptoMixer code needs to be created. A user should write it down, so it is easy 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 necessary. A service fee can be also chosen from the table depending on the sent 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 got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixers that has ever appeared. This mixer supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to deposit one currency and receive them in another currency. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction hardly 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 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 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 holder can deposit coins to process. As the chips are sent to the mixing service 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 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 a chance to manually cleanse all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them untraceable.
Another trustworthy tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and similar to the processes on other mixing services. 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 funds are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer is listed 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. Dividing deposited coins between 5 addresses is also very 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 mixers which is extremely user-friendly. 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 easy for a user to manually remove all the logs which are stored 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 mixer only.
Being one of the oldest crypto coin tumblers, BitBlender (BitBlender) continues to be a easy-to-use and usable mixing platform. 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 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 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 sender should worry security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixer does not have a Letter of Guarantee which makes it hard to address this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with a number of 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 simple user-interface, as well as the opportunity to control all phases of the mixing process. A user can set up a delay not just by hours, but by the minute which is very useful. The platform provides the opportunity to use a calculator to understand the amount of money 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 maintain user’s personal information undiscovered. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be reliable having all transactions nameless. It is important to pick a crypto mixer wisely, as a sender has no opportunity to turn to any governmental structure in case of scams. By all means, handling your deposits online can be unsafe, however, using scramblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.