Since bitcoin is spinning up around the world, digital money holders have become more conscious about the confidentiality of their purchases. Everyone thought that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is untrue. Because of the implementation of government policies, the transactions are detectable which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency tumbler.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other transactions used. In the end a sender gets back the same number of coins, but mixed up in a non-identical set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not disclosed.
As maybe some of you realize, 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 government to track back illegal transactions, such as buying weapon, 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 cryptocurrency mixing services and secure sender’s identity. Many digital currency holders do not want to let everybody know the amount they earn or how they spend their money.
There is a belief among some web users that using a mixing service is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of coin mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason 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 digital currency scrambler. Which platform can be trusted? How can a crypto holder be sure that a tumbler will not steal all the deposited digital money? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the leading existing mixers that were chosen by customers and are highly recommended. Let’s look closely at the listed crypto mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are important aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there are a few 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 combine coins between the currencies which makes transactions far less traceable.
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 deposited coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to consider each of them independently.
Blender has a clear interface, it is intuitive 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 mixer 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 make certain that users can get to the mixer, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer is noteworthy 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 platform and their coins will not be taken. The number of required confirmations depends on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation needed, 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 invented. 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 output address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can modify it if necessary. A service fee can be also selected from the table depending on the forwarded sum. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see the number of coins sent and got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one currency and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One absolutely extraordinary crypto mixing service is ChipMixer because it is based on the completely another principle comparing to other mixers. A user does not just 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 divide according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following transactions are untraceable 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 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 mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. 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 trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard and identical with the processes on other mixing services. There is a possibility to choose a time-delay feature 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 secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is on the list because it works quickly and it is reliable. The transaction fee is really small, 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 select an additional option of delaying the payout meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the best bitcoin mixing services which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 mixing platform only.
Being one of the earliest crypto coin tumblers, BitBlender (BitBlender) continues to be a simple and usable 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 controllable by a user.
The mixing process 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 platform 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 a holder of a PGP key with password. However, this service does not offer 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 mixing service with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This tumbler offers a very friendly user-interface, as well as the possibility to control all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is extremely helpful. The tumbler 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 many resources helps the crypto mixer to keep user’s personal information incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be trustworthy having all transactions unidentified. It is important to choose a crypto mixer wisely, as a sender has no chance to address any governmental structure in case of scams. Of course, processing your deposits online can be unsafe, however, using mixing platforms that are listed in the article will help every user to reduce risks and be sure of success of the transaction.