As digital money is spinning up across the globe, bitcoin holders have become more conscious about the anonymity of their affairs. Everyone used to believe that a sender can remain disguised while forwarding their coins and it turned out that it is not true. Owing to public administration controls, the transactions are detectable which means that a user’s e-mail and even identity can be disclosed. But don’t be worried, 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 program that splits a transaction, so there is an easy way to blend different parts of it with other coins. In the end a user gets back the same number of coins, but mixed up in a completely different set. Consequently, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces play an important role for the government to trace back illegal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible crypto mixing services and secure sender’s personal identity. Many bitcoin owners do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some internet surfers that using a mixer is an criminal action itself. It is not completely true. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no need to be concerned. There are many platforms that are here for bitcoin holders to blend their coins.
However, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which platform can be trusted? How can one be certain that a mixing platform will not steal all the deposited coins? This article is here to reply to these concerns and help every crypto owner to make the right decision.
The crypto scramblers presented above are among the leading existing scramblers that were chosen by users and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all tumblers 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 cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to combine coins between the currencies which makes transactions far less traceable.
There is one option 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 sent coins and the outgoing 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. For better understanding of crypto tumblers, it is necessary to consider each of them separately.
Blender has a clear 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 output address. As one of the few, this mixer provides a user with a special mixing code which guarantees that new crypto coins are not blended with previous 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 mixing platfrom 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 service and their cryprocurrencies will not be stolen. The number of required confirmations depends on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of depositing more than 1000 BTC a user needs to gather 5 confirmations.
To use this crypto mixer, 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 feature. A delay time is defined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the sent amount. Every 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 best Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. 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 helps to make a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One absolutely unique crypto mixing service is ChipMixer because it is based on the absolutely different idea comparing to other mixers. A user does not just deposit coins to mix, 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 forward coins to process. As the chips are sent to the mixing service beforehand, following transactions are nowhere to be found and it is not possible 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 each sender 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 applied. The process of getting renewed coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them less trackable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and identical with the processes on other tumblers. There is a possibility to set a time-delay option 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 mixing service. This tumbler is listed because it works fast and it is trusty. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also extremely beneficial for maintaining user’s confidentiality. 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 best bitcoin tumblers which is really easy to operate. 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 possible for a user to manually remove all the logs which are saved for this period because of any future transaction-related problems. 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) continues to be 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 controllable by a user.
The mixing itself can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user sends 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 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 tumbler 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 coin mixer with several cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added soon. This platform offers a very simple 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 extremely useful. The tumbler 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 many resources helps the crypto mixer to maintain user’s personal information undetected. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be reliable having all transactions anonymous. It is important to choose a crypto tumbler wisely, as a sender has no chance to turn to any governmental structure in case of scams. Of course, processing your deposits online can be risky, however, using mixing platforms that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.