Since digital currency is spinning up worldwide, digital money holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain incognito while depositing their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are identifiable which means that a sender’s electronic address and even identity can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a crypto tumbler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to mix different 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, it is impossible to track the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These marks are essential for the government to trace back outlawed transactions, such as buying 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 cryptocurrency mixers and secure sender’s identity. Many bitcoin holders do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some internet users that using a mixing service is an illegal action itself. It is not completely true. As previously stated, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a digital currency owner should be careful while choosing a crypto mixer. Which platform can be trusted? How can a crypto holder be certain that a scrambler will not steal all the sent 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 top existing mixers that were chosen by clients and are highly recommended. Let’s look into the listed mixers and describe all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential aspects that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, 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 by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to consider each of them separately.
Blender has a straightforward interface, it is convenient to use and straightforward. 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 assures that fresh crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to make sure that users 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 mixing service is notable 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 platform and their cryprocurrencies will not be taken. The number of required confirmations depends on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation required, in case of depositing more than 1000 BTC a user needs to gather 5 confirmations.
To use this crypto tumbler, 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 enter the outgoing 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 needed. A service fee can be also selected from the table depending on the deposited sum. Each transaction requires additional 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 leading Bitcoin mixers that has ever appeared. This tumbler 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 type of coins and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature makes 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 completely special crypto mixer is ChipMixer because it is based on the absolutely another rule comparing to other mixers. A user does not just 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 send coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are untraceable and there is no opportunity 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 applied in a random way making transactions even more unidentified 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 unusual, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them less traceable.
Another trustworthy tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard and similar to the processes on other tumblers. There is a possibility to set 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 platform. This mixer is listed because it works quickly and it is trusty. The transaction fee is really low, only the amount of 0.0001 BTC needs to be sent for every extra address. Dividing 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 take a look at 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 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 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 platform only.
Being one of the earliest crypto coin mixers, BitBlender (BitBlender) continues to be a easy-to-use and usable crypto coin mixer. It is possible 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 can be performed 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. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should be afraid of security leak as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this mixing platform does not offer a Letter of Guarantee which makes it challenging to turn to this coin mixer in case of scams.
And last but not least, there is a mixing service with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added in future. This mixer offers a very friendly 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 extremely useful. The platform 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 tumbler to keep user’s identity incognito. This last mixer 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 opportunity to address any authority in case of scams. Of course, processing your deposits online can be risky, however, using scramblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.