As digital money is gaining momentum across the globe, bitcoin holders have become more aware about the anonymity of their purchases. Everyone thought that a crypto user can remain unidentified while depositing their coins and it turned out that it is untrue. Because of public administration controls, the transactions are which means that a user’s electronic address and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money mixer.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. Therefore, there is no way to track the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves traces. These marks play an important role 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 tracked, it is possible to use accessible cryptocurrency mixing services and secure sender’s identity. Many crypto owners do not want to let everybody know the amount they gain or how they spend their money.
There is a belief among some internet users that using a mixer is an illegal action itself. It is not completely true. As mentioned before, there is a possibility of cryptocurrency blending to become illegal, 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 mix their coins.
However, a crypto holder should be careful while picking a crypto mixer. Which service can be relied on? How can a crypto holder be certain that a tumbler will not steal all the deposited coins? This article is here to answer these questions and assist every crypto owner to make the right decision.
The crypto scramblers presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed crypto mixers and describe all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are important options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to combine coins between the currencies which makes transactions far less trackable.
There is one feature that is not displayed 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 outcoming transaction. In most cases, users can set the time of delay on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is necessary to review each of them separately.
Blender has a simple interface, it is easy to use and uncomplicated. 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 cryptocurrency tumbler 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 guarantee that users can get to the mixing service, even if the main link is not working.
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 it is clearly that users can trust this mixing platform and their cryprocurrencies will not be taken. The number of needed confirmations depends 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 use 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 outgoing address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can adjust it if needed. A service fee can be also chosen 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 best Bitcoin mixing services that has ever existed. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s anonymity. 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 totally special crypto mixer is ChipMixer because it is based on the absolutely different principle comparing to other mixers. 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 break down according to their wishes. After chips are included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this platform: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
It is worth noting 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 in future. The mixing process is quite standard and identical with the processes on other tumblers. It is possible to choose a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the funds are sent to multiple addresses. Thus, sender’s funds are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is on the list because it works fast and it is reliable. 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 helpful for keeping user’s anonymity. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the best bitcoin mixing services which is really easy to use. 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 remove 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 coin tumbler only.
Being one of the earliest crypto coin mixers, BitBlender (BitBlender) remains a simple and functional crypto coin mixer. 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 sends 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 owner 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 mixer does not offer a Letter of Guarantee which makes it difficult to address this coin scrambler in case of scams.
And last but not least, there is a crypto coin tumbler with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This tumbler offers a very easy-to-use user-interface, as well as the opportunity to have control over all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is extremely useful. The mixer 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 different resources helps the crypto mixer to keep user’s personal information undiscovered. This last tumbler 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 choose 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 unsafe, however, using mixing platforms that are listed in the article will help every user to reduce risks and be sure of success of the transaction.