Since digital money is gaining momentum worldwide, bitcoin holders have become more aware about the anonymity of their affairs. Everyone thought that a sender can remain unidentified while forwarding their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are identifiable which means that a user’s e-mail and even personal identification information can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money mixer.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to blend different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but mixed up in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These traces play an important role for the government to track back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible crypto tumblers and secure sender’s personal identity. Many digital currency owners do not want to inform everyone the amount they earn or how they use up their money.
There is a belief among some web users that using a mixer is an illegal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to blend their coins.
However, a digital currency owner should be careful while choosing a digital currency scrambler. Which platform can be trusted? How can one be certain that a tumbler will not take all the sent coins? This article is here to answer these questions and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing tumblers that were chosen by clients and are highly recommended. Let’s look into the listed mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential options that should not be overlooked. Most of the mixers 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 opportunities, some mixing services also allow to combine 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 several days or even hours and minutes. For better understanding of crypto mixers, it is necessary to review each of them independently.
Blender has a straightforward 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 mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to make sure that users can get to the tumbler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This tumbler is remarkable 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 stolen. The number of needed confirmations depends on the deposited amount, 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 collect 5 confirmations.
To use this crypto tumbler, a CryptoMixer code needs to be created. A user should note it, so it is easy to use it next time. After providing a CryptoMixer code, users need to enter the outgoing 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 needed. A service fee can be also selected from the table depending on the sent sum. Each transaction requires additional 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 top Bitcoin mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one type of coins and receive them in another currency. This process even increases user’s anonymity. Time-delay feature helps to make 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 absolutely unique crypto tumbler is ChipMixer because it is based on the totally different idea comparing to other services. A user does not merely deposit coins to mix, 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 in advance, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it uses “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 a chance to manually clear all logs before the end of 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 clean coins is also quite unusual, 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 sums are sent in two and more transactions to make them less identifiable.
Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and identical with the processes on other mixing services. It is possible to choose a time-delay option 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 protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is on the list because it works fast and it is trusty. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be added for each additional address. Dividing deposited coins between 5 addresses is also highly 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 top bitcoin mixers which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 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 coin tumbler only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) continues to be 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 controllable by a user.
The mixing itself 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 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 problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixing platform does not have a Letter of Guarantee which makes it challenging to address this coin mixer in case of scams.
And last but not least, there is a crypto coin tumbler with several cryptocurrencies to mix 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 steps of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly 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 different resources helps the mixing platform to maintain user’s personal information incognito. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be trustworthy having all transactions anonymous. It is important to pick a crypto tumbler 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 mixing platforms that are listed in the article will help every user to minimize risks and be sure of success of the transaction.