Since cybercash is gaining momentum across the globe, bitcoin holders have become more aware about the confidentiality of their purchases. Everyone thought that a crypto user can remain disguised while forwarding their coins and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are traceable meaning that a user’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 Bitcoin mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other coins. After all a user gets back the same number of coins, but mixed up in a non-identical set. Consequently, there is no way to trace the transaction back to a user, so one can stay calm that identity is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks play an important role for the government to track back criminal transactions, such as purchasing 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 accessible crypto tumbling services and secure sender’s personal identity. Many digital currency owners do not want to inform everyone the amount they earn or how they spend their money.
There is a belief among some internet surfers that using a tumbler is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should be careful while choosing a crypto mixer. Which platform can be relied on? How can one be certain that a scrambler will not take all the deposited digital money? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the leading existing mixers that were chosen by customers 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 crypto mixing services 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 cryptocurrency. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to mix 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 feature helps a user and a transaction itself to stay incognito, as there is a gap between the deposited coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto tumblers, it is necessary to consider each of them independently.
Blender has a straightforward 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 extra fee of 0.0005 % per output address. As one of the few, this mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to ensure that users can get to the mixer, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer 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 service and their cryprocurrencies will not be taken. The number of required confirmations differs depending on the number of deposited coins, 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 mixer, a CryptoMixer code needs to be created. A user should note it, so it is possible to use it next time. After entering a CryptoMixer code, users need to provide 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 forwarded 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 received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixers that has ever appeared. This mixer supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to swap 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 hardly 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 absolutely another idea comparing to other mixers. 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 break down according to their wishes. After chips are added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing platform in advance, following transactions are nowhere to be found 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 randomized 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 before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. 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 gained from stock exchanges.
It is worth noting that random sums are sent in two and more transactions to make them less identifiable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and similar to the processes on other tumblers. There is a possibility to set a time-delay option up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to several addresses. Thus, sender’s funds are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. 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 greatly beneficial for maintaining user’s confidentiality. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the leading bitcoin mixers 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 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 mixer only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) remains a user-friendly and functional crypto coin mixer. 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 can be performed 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 platform 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 an owner of a PGP key with password. However, this service does not have 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 mixing service with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented in future. This tumbler offers a very simple user-interface, as well as the possibility to have control over all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is very useful. The mixer 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 mixer to keep user’s identity incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trustworthy having all transactions anonymous. It is important to choose 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.