As bitcoin is spinning up worldwide, digital money holders have become more conscious about the confidentiality of their transactions. Everyone thought that a sender can remain incognito while depositing their digital currencies and it came to light that it is untrue. On account of 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 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 mix several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but blended in a non-identical set. As a result, there is no possibility 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 crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These marks are important for the government to track back illegal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use available bitcoin mixers and secure sender’s personal identity. Many crypto holders do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some web surfers that using a tumbler is an criminal action itself. It is not completely true. As previously stated, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to be concerned. There are many services that are here for bitcoin holders to tumbler their coins.
However, a crypto holder should be careful while picking a digital currency scrambler. Which platform can be relied on? How can one be sure that a scrambler will not take all the sent digital money? This article is here to answer these concerns and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing tumblers that were chosen by customers and are highly recommended. Let’s look into the listed mixers and describe all options 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 disregarded. Most of the mixing services 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 provide a sender with more options, some mixing services also allow to blend coins between the currencies which makes transactions far less identifiable.
There is one option that is not represented 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 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. To get a better understanding of crypto mixers, it is essential to consider each of them independently.
Blender has a straightforward interface, it is easy 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 output address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which guarantees that fresh crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to ensure that users can get to the mixer, even if the main link is not available.
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 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 gather 5 confirmations.
To use this platform, a CryptoMixer code needs to be invented. A user should note it, so it is possible to use it next time. After providing 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 determined automatically and a user can change it if needed. A service fee can be also selected from the table depending on the deposited amount. Every transaction requires additional 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 mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to deposit 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 additional address.
One completely special crypto mixing service is ChipMixer because it is based on the completely another rule comparing to other services. A user does not just deposit coins to mix, but makes 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 added to the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform in advance, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito 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 coin tumbler 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them untraceable.
Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and similar to the processes on other mixing services. It is possible to choose a time-delay feature up to 72 hours and a sender has an opportunity to split the transaction, so the funds are sent to multiple addresses. Thus, sender’s funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is on the list because it works fast and it is reliable. The transaction fee is really low, only the amount of 0.0001 BTC needs to be sent for each additional address. Dividing deposited coins between 5 addresses is also greatly helpful for keeping user’s anonymity. Every user is able to select 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 leading bitcoin mixers which is really easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 future transaction-related issues. There is a time-delay feature, however, it is not possible to be controlled by a user but the coin tumbler only.
Being one of the earliest mixing services, BitBlender (BitBlender) remains a easy-to-use and usable 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 manageable by a user.
The mixing process is realizable 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. With 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 mixer in case of scams.
And last but not least, there is a crypto coin tumbler with several 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 simple user-interface, as well as the possibility 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 useful. The tumbler gives 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 many resources helps the crypto tumbler to keep user’s identity incognito. This last mixer 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 crypto tumbler wisely, as a sender has no opportunity to address any authority in case of scams. Of course, processing your deposits online can be risky, however, using mixing platforms that are listed in the article will help every user to minimize risks and be sure of success of the transaction.