Since cybercash is gaining momentum worldwide, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone was of the opinion that a sender can remain disguised while forwarding their digital currencies and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are meaning that a sender’s electronic address and even identity can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, it is impossible to trace the transaction back to a user, so one can stay calm that identity is not uncovered.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are essential for the government to trace back outlawed transactions, such as purchasing guns, 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 available bitcoin mixers and secure sender’s personal identity. Many digital currency holders do not want to inform everyone how much they gain or how they use up their money.
There is an opinion among some web surfers that using a scrambler is an illegal action itself. It is not entirely true. As outlined above, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no need to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should be careful while choosing a digital currency scrambler. Which service can be trusted? How can a crypto holder be certain that a tumbler will not take all the deposited coins? This article is here to reply to these concerns and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are critical aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, 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 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 remain anonymous, as there is a gap between the deposited coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto tumblers, it is essential to consider each of them independently.
Blender has a simple 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 outgoing address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which guarantees that new crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to make certain that senders can get to the scrambler, even if the main link is not available.
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 cryprocurrencies will not be stolen. The number of needed confirmations depends on the number of deposited coins, 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 collect 5 confirmations.
To operate on this platform, a CryptoMixer code needs to be created. A user should note it, 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 feature. A delay time is determined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the sent sum. 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 leading Bitcoin mixing services that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to deposit one type of coins and get them back in another currency. This process even increases user’s confidentiality. 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 totally unique crypto tumbler is ChipMixer because it is based on the absolutely another idea comparing to other mixers. A user does not just 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 forward coins to process. As the chips are sent to the mixing service in advance, next 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 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 an opportunity to manually cleanse all logs prior to this period. Another mixing service 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 mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
It should be pointed out that random amounts are sent in two and more transactions to make them untraceable.
Another trustworthy 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 platforms. 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 mixing service. This mixer is listed because it works fast and it is trusty. 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 highly beneficial 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 extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 issues. 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) remains a simple and functional crypto coin tumbler. 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 can be performed 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 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 be afraid of security breach 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 challenging to turn to this coin scrambler in case of scams.
And last but not least, there is a platform with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This platform 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 platform gives the opportunity to use a calculator to understand the amount of funds 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 different resources helps the crypto mixer to keep user’s identity undiscovered. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be reliable having all transactions nameless. It is important to choose a mixing platform wisely, as a sender has no opportunity to address any governmental structure in case of scams. Of course, processing your deposits online can be risky, 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.