As bitcoin is spinning up around the world, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a sender can remain disguised while depositing their digital currencies and it came to light that it is not true. Because of public administration controls, the transactions are traceable meaning that a user’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a cyber money tumbler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to blend several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but blended in a non-identical set. Consequently, there is no possibility to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks are important for the government to trace back illegal 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 traced, it is possible to use accessible crypto mixers and secure sender’s identity. Many digital currency holders do not want to inform everyone the amount they gain or how they use up their money.
There is a belief among some internet surfers that using a scrambler is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to blend their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be certain that a scrambler will not steal all the sent digital money? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and describe all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend coins between the currencies which makes transactions far less identifiable.
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 remain anonymous, as there is a gap between the forwarded coins and the outgoing 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. To get a better understanding of crypto tumblers, it is essential to review each of them separately.
Blender has a simple interface, it is intuitive to use and simple. Time-delay option can be set up to 24 hours. With regard to the fee, there is an additional 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 previous deposits. Additional URL (Blender) is also here to ensure that users 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 mixer 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 service and their cryprocurrencies will not be stolen. The number of needed confirmations depends on the number of deposited coins, e.g. for sending 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 invented. A user should note it, 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 feature. A delay time is defined automatically and a user can change it if needed. A service fee can be also selected from the table depending on the deposited sum. Each transaction requires extra 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 top Bitcoin tumblers that has ever appeared. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to send one type of coins and get them back in another currency. This process even increases user’s anonymity. 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 additional address.
One absolutely unique crypto tumbler is ChipMixer because it is based on the completely different idea 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 beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual 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 each sender has an opportunity to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period meaning 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 gained from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them less trackable.
Another reliable tumbler 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 mixers. 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 multiple addresses. Thus, sender’s money are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is on the list because it works fast and it is trusty. The transaction fee is really small, only the amount of 0.0001 BTC needs to be added for each additional address. Splitting deposited coins between 5 addresses is also greatly helpful for keeping user’s anonymity. Every user is able to select 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 mixing services which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 delete 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 crypto coin tumblers, BitBlender (BitBlender) remains a simple and functional crypto coin mixer. 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 process is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user deposits 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 worry 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 offer a Letter of Guarantee which makes it challenging to address this coin scrambler in case of scams.
And last but not least, there is a crypto coin tumbler with many cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This mixer offers a very friendly user-interface, as well as the opportunity 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 very useful. The tumbler provides 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 many resources helps the crypto tumbler to keep user’s identity 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 trustworthy having all transactions nameless. It is important to choose a crypto mixer wisely, as a sender has no opportunity to turn to any governmental structure in case of scams. By all means, processing your deposits online can be unsafe, however, using scramblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.