Since bitcoin is spinning up worldwide, digital money holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a sender can remain incognito while depositing their coins and it turned out that it is not true. Owing to public administration controls, the transactions are meaning that a user’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. In the end a user gets back the same number of coins, but mixed up in a completely different set. Consequently, there is no possibility to trace the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces play an important role for the authorities to track back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible cryptocurrency mixing services and secure sender’s identity. Many crypto owners do not want to inform everyone how much they earn or how they spend their money.
There is a belief among some internet surfers that using a tumbler is an illegal action itself. It is not entirely correct. As outlined above, there is a possibility of crypto 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 cryptocurrency owners to tumbler their coins.
Nevertheless, a digital currency owner should pay attention while choosing a crypto mixer. Which service can be relied on? How can a crypto holder be certain that a tumbler will not take all the sent coins? This article is here to reply to these questions and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing tumblers that were chosen by customers and are highly recommended. Let’s look closely at the listed crypto mixers and explain all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are essential features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to combine coins between the currencies which makes transactions far less trackable.
There is one option 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 outcoming transaction. In most cases, users can set the time of delay by themselves 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 clear 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 cryptocurrency tumbler provides a user with a special mixing code which assures that fresh crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to ensure that senders 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 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 coins 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 collect 5 confirmations.
To operate on 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 output address or several of them and then set a time-delay option. A delay time is determined automatically and a user can adjust it if necessary. A service fee can be also selected from the table depending on the deposited amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the amount of crypto money sent and got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin tumblers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins 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 totally special crypto tumbler is ChipMixer because it is based on the completely another rule comparing to other tumblers. A user does not simply 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 break down according to their wishes. After chips are added to the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this mixing service: 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 cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning 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 clean coins are acquired from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them less traceable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and identical with 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 coins are sent to several addresses. Thus, sender’s money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This scrambler is listed because it works fast and it is trusty. The transaction fee is really small, 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 choose an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the top bitcoin tumblers which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 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 mixing service only.
Being one of the earliest mixing services, BitBlender (BitBlender) continues to be a easy-to-use and functional mixing platform. 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 itself is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. Also, if a user sends more than 10 BTC in a week, the platform 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 problems as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it difficult to turn to this coin mixer in case of scams.
And last but not least, there is a coin mixer with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added soon. This platform offers a very easy-to-use 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 helpful. The tumbler gives 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 keep user’s personal information undetected. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be reliable having all transactions unidentified. It is important to pick a crypto mixer wisely, as a sender has no chance to turn to any governmental structure in case of scams. Of course, 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.