As digital money is spinning up around the world, digital money holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a sender can remain unidentified while depositing their coins and it came to light that it is not true. Owing to public administration controls, the transactions are traceable which means that a sender’s e-mail and even identity can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a cyber money mixing service.
To make it clear, a cryptocurrency mixing service is a 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 an equal quantity of coins, but blended in a completely different set. As a result, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces 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 connected with any unlawful activity and still wants to avoid being traced, it is possible to use accessible bitcoin tumblers and secure sender’s identity. Many crypto holders do not want to inform everyone how much they gain or how they use up their money.
There is a belief among some internet users that using a mixer is an illegal action itself. It is not completely 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 platforms that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should pay attention while choosing a crypto mixer. Which service can be trusted? How can a crypto holder be certain that a mixer will not take all the deposited coins? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by users 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 tumblers from the table support no-logs and no-registration policy, these are important options that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.
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 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. For better understanding of crypto tumblers, it is necessary to review each of them separately.
Blender has a clear interface, it is intuitive 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 mixer provides a user with a special mixing code which assures that new crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to make certain that users 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 mixing service is remarkable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing service 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 required, in case of sending more than 1000 BTC a user needs to gather 5 confirmations.
To operate on this platform, a CryptoMixer code needs to be created. A user should write it down, so it is possible to use it next time. After providing 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 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 number of coins sent and received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to send 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 unique crypto mixer is ChipMixer because it is based on the absolutely different idea comparing to other services. 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 split according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing service beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixer: 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 an opportunity to manually clear 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 applied. The process of getting clean coins is also quite unusual, as the mixer 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 less identifiable.
Another reliable mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and similar to the processes on other mixers. There is a possibility to set a time-delay feature up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to multiple addresses. Thus, sender’s money are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer 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 added for every extra address. Splitting deposited coins between 5 addresses is also very beneficial for maintaining user’s confidentiality. Every user is able to choose 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 tumblers which is really 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 stored 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 coin tumbler only.
Being one of the earliest crypto coin mixers, BitBlender (BitBlender) continues to be 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 controllable by a user.
The mixing itself is realizable 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 crypto mixer reduces the fee by half. With 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 have a Letter of Guarantee which makes it hard to address this coin scrambler in case of scams.
And last but not least, there is a platform with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added soon. This mixer offers a very easy-to-use user-interface, as well as the possibility to have control over all phases of the mixing process. A user can set up 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 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 mixing platform to maintain user’s personal information incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be trusty having all transactions nameless. It is important to choose a crypto tumbler 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 coin tumblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.