Since cybercash is spinning up across the globe, digital money holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain disguised while forwarding their digital currencies and it turned out that it is not true. On account of the implementation of government policies, the transactions are detectable which means that a sender’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cryptocurrency mixer.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to blend different parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a non-identical set. Therefore, it is impossible 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 crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are essential for the authorities to trace back illegal 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 traced, it is possible to use available bitcoin tumbling services and secure sender’s identity. Many bitcoin holders do not want to inform everyone the amount they gain or how they spend their money.
There is a belief among some internet surfers that using a mixing service is an criminal action itself. It is not completely true. As outlined above, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for cryptocurrency owners to blend their coins.
Nevertheless, a crypto holder should be careful while choosing a crypto mixer. Which platform can be trusted? How can one be sure that a mixer will not take all the sent digital money? This article is here to answer these questions and assist every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the top existing mixers that were chosen by users and are highly recommended. Let’s look closely at 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 important aspects that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto mixing platforms 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 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 forwarded coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to consider 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 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 scrambler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing service 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 taken. The number of required confirmations differs depending on the number of deposited coins, e.g. for depositing 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 platform, a CryptoMixer code needs to be invented. A user should write it down, so it is easy 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 modify it if necessary. A service fee can be also selected from the table depending on the forwarded sum. Every 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 leading Bitcoin tumblers that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One completely unique crypto mixing service is ChipMixer because it is based on the completely different idea comparing to other tumblers. 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 split according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform beforehand, 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 tumbler: 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 cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unique, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
it is noteworthy that random amounts are sent in two and more transactions to make them less trackable.
Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and identical with the processes on other platforms. 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 coins are sent to multiple addresses. Thus, sender’s money are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This scrambler is on the list 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 every extra address. Splitting deposited coins between 5 addresses is also greatly helpful for keeping user’s anonymity. Every user is able to choose 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 leading bitcoin mixing services which is incredibly easy to operate. 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 easy for a user to manually delete all the logs which are stored 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 crypto coin tumblers, BitBlender (BitBlender) continues to be a easy-to-use and functional mixing platform. 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 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 crypto mixer 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 breach 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 challenging to turn to this coin mixer in case of scams.
And last but not least, there is a coin mixer 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 simple user-interface, as well as the opportunity to control all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly useful. The platform provides 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 tumbler to maintain user’s identity undiscovered. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trustworthy having all transactions anonymous. It is important to pick a mixing platform wisely, as a sender has no chance to address any governmental structure 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 minimize risks and be sure of success of the transaction.