Since bitcoin is gaining momentum worldwide, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a crypto user can remain incognito while forwarding their coins and it came to light that it is untrue. Because of the implementation of government policies, the transactions are 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 governmental measures and it is a cyber money mixing service.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to blend several parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, there is no possibility to track the transaction back to a sender, so one can stay calm that identity is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces are essential for the government to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available bitcoin tumblers and secure sender’s personal identity. Many crypto owners do not want to inform everyone the amount they gain or how they spend their money.
There is an opinion among some internet surfers that using a mixer is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which service can be relied on? How can one be certain that a mixing platform will not take all the deposited digital money? This article is here to answer these questions and assist every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and explain all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are important features that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to blend 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 feature helps a user and a transaction itself to stay incognito, as there is a gap between the sent coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. For better understanding of crypto tumblers, it is essential to consider each of them separately.
Blender has a simple interface, it is convenient 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 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 senders can get to the scrambler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This tumbler is noteworthy for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing platform and their coins will not be taken. The number of needed confirmations differs depending 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 write it down, so it is possible to use it next time. After providing a CryptoMixer code, users need to provide the output address or several of them and then set a time-delay option. A delay time is defined automatically and a user can adjust it if necessary. 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 mixing services that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange 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 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 mixer is ChipMixer because it is based on the totally different rule comparing to other mixers. A user does not merely 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 split 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 service in advance, following transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this mixer: it applies “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 affordable. 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 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 clean coins are obtained from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them untraceable.
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 mixing services. There is a possibility to choose 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 protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is on the list because it works fast and it is reliable. The transaction fee is really 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 keeping user’s anonymity. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s represent another one of the leading bitcoin tumblers which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it should be noted 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 coin tumbler only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) remains 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 manageable by a user.
The mixing itself 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. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should be afraid of security problems as there is a 2-factor authentication when a sender becomes an owner 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 crypto coin tumbler with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented in future. This tumbler offers a very friendly user-interface, as well as the opportunity to control all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is extremely useful. The mixer 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 various resources helps the mixing platform to maintain user’s identity undetected. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented in the article are reported to be reliable 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 risky, however, using scramblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.