Since bitcoin is spinning up worldwide, bitcoin holders have become more aware about the anonymity of their purchases. Everyone thought that a crypto user can remain disguised while depositing their digital currencies and it turned out that it is untrue. Because of public administration controls, the transactions are detectable which means that a user’s electronic address and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other transactions used. After all a user gets back the same number of coins, but mixed up in a non-identical set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are important for the government to track back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use available crypto mixing services and secure sender’s identity. Many bitcoin owners do not want to let everybody know how much they gain or how they spend their money.
There is a belief among some web users that using a mixer is an illegal action itself. It is not completely correct. As previously stated, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should pay attention while choosing a digital currency scrambler. Which platform can be relied on? How can a crypto holder be sure that a tumbler will not take all the deposited digital money? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the top existing mixers that were chosen by clients and are highly recommended. Let’s look into the listed crypto mixers and explain 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 important features that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
There is one feature that is not represented 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 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 mixers, it is essential to consider each of them independently.
Blender has a straightforward interface, it is easy to use and straightforward. Time-delay option can be set up to 24 hours. With regard to the fee, there is an additional fee of 0.0005 % per output address. As one of the few, this mixer provides a user with a special mixing code which assures that new crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to make certain that senders can get to the tumbler, 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 it is without a doubt that users can trust this mixing platform and their deposits will not be taken. The number of needed confirmations differs depending on the number of deposited coins, 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 gather 5 confirmations.
To operate on 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 providing a CryptoMixer code, users need to enter the output address or several of them and then set a time-delay option. A delay time is defined automatically and a user can modify it if needed. A service fee can be also chosen from the table depending on the forwarded amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 best Bitcoin tumblers that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to deposit one type of coins and receive them in another currency. This process even increases user’s anonymity. 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 absolutely unique crypto mixer is ChipMixer because it is based on the absolutely different principle comparing to other mixers. A user does not merely 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 break down according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: 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 cost-effective. Retention period is 7 days and every user has an opportunity to manually clear all logs before the end of this period. Another coin tumbler 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 clean coins are gained from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them less trackable.
Another reliable mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and identical with the processes on other mixers. It is possible to set a time-delay feature up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to multiple addresses. Thus, sender’s money are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler is listed because it works fast and it is reliable. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be added for each additional address. Splitting deposited coins between 5 addresses is also extremely helpful for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s represent another one of the best bitcoin mixers which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 possible 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 oldest crypto coin tumblers, BitBlender (BitBlender) remains a easy-to-use and usable mixing platform. 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 platform reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner should worry security breach as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixer does not have a Letter of Guarantee which makes it hard to address this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with several cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented in future. This mixer offers a very friendly user-interface, as well as the possibility to have control over all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is very helpful. The mixer 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 many resources helps the crypto mixer to maintain user’s identity undetected. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be reliable having all transactions nameless. 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 unsafe, 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.