As digital money is spinning up worldwide, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone thought that a crypto user can remain unidentified while forwarding their coins and it came to light that it is untrue. Owing to public administration controls, the transactions are identifiable meaning that a sender’s electronic address and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin mixing service.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is a straightforward way to blend different parts of it with other transactions used. In the end a sender gets back the same number of coins, but blended in a completely different set. Therefore, 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 crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks play an important role for the authorities to track back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal 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 inform everyone the amount they gain or how they use up their money.
There is an opinion among some web users that using a mixing service is an criminal action itself. It is not entirely true. As outlined above, there is a possibility of crypto blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to be concerned. There are many platforms that are here for bitcoin holders to blend their coins.
However, a crypto holder should pay attention while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be sure that a tumbler will not take all the deposited coins? This article is here to answer these concerns and help every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the top existing scramblers that were chosen by users and are highly recommended. Let’s look into the listed mixers and explain all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are critical features that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.
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 stay incognito, as there is a gap between the deposited 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. To get a better understanding of crypto tumblers, it is essential to consider each of them independently.
Blender has a easy 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 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 preceding deposits. Additional URL (Blender) is also here to guarantee 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 mixing service is remarkable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC there is no doubt that users can trust this mixing platform and their coins will not be taken. The number of needed confirmations differs depending on the deposited amount, 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 collect 5 confirmations.
To operate on this crypto mixer, 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 provide the output address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can change it if necessary. A service fee can be also selected from the table depending on the sent sum. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand 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 leading Bitcoin mixing services 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 currency and get them back 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 extra address.
One totally special crypto tumbler is ChipMixer because it is based on the absolutely different principle comparing to other mixers. A user does not simply 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 divide 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 prior to the transaction, next transactions are untraceable and it is not possible 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 applied in a random way making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually clear all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the mixing service 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 identifiable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard and similar to the processes on other tumblers. There is a possibility to choose 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 funds are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler 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 sent for every extra address. Splitting deposited coins between 5 addresses is also greatly beneficial for keeping user’s anonymity. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the leading bitcoin tumblers which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it is worth mentioning 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 easy 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 mixing service only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) continues to be a easy-to-use and usable 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 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. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should worry security problems 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 turn to this coin scrambler in case of scams.
And last but not least, there is a coin mixer with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented in future. This tumbler 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 mixer gives 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 various resources helps the crypto tumbler to keep user’s personal information undetected. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers 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 turn to any authority in case of scams. By all means, handling your deposits online can be risky, however, using scramblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.