Since digital money is spinning up across the globe, bitcoin holders have become more aware about the anonymity of their transactions. Everyone used to believe that a sender can remain incognito while forwarding their coins and it came to light that it is not true. On account of public administration controls, the transactions are meaning 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 crypto mixing service.
To make it clear, a cryptocurrency mixing service is a 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 the same number of coins, but mixed up in a completely different set. As a result, there is no way to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These traces are important for the state to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use available cryptocurrency mixing services and secure sender’s identity. Many bitcoin holders do not want to inform everyone how much they gain or how they spend their money.
There is a belief among some web surfers that using a scrambler is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not steal all the sent digital money? This article is here to reply to these questions and assist every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and explain all options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are important options that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most common digital money. Although there is a couple of coin scramblers that mix other cryptocurrencies, 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 represented 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 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 necessary to review each of them separately.
Blender has a straightforward 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 extra fee of 0.0005 % per outgoing address. As one of the few, this mixer 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 certain 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 platfrom 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 coins will not be stolen. The number of required 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 depositing 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 write it down, so it is possible to use it next time. After entering a CryptoMixer code, users need to enter the output address or several of them and then set a time-delay option. A delay time is defined automatically and a user can modify it if needed. A service fee can be also selected from the table depending on the forwarded sum. Every 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 received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixers that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one type of coins and receive them in another currency. This process even increases user’s confidentiality. 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 extra address.
One totally unique crypto mixing service is ChipMixer because it is based on the completely different rule comparing to other services. A user does not just 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 split 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 prior to the transaction, next transactions are untraceable 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 affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another coin tumbler 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 unique, as the platform 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 traceable.
Another reliable mixer 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 split the transaction, so the coins are sent to multiple addresses. Thus, sender’s funds are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer is on the list because it works fast and it is reliable. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also highly beneficial 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 more anonymous.
Let’s take a look at another one of the top bitcoin mixers which is really easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 possible for a user to manually delete 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 platform only.
Being one of the earliest crypto coin tumblers, BitBlender (BitBlender) remains a simple and functional crypto coin mixer. 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 process is realizable 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 crypto mixer reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender 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 mixing platform does not offer a Letter of Guarantee which makes it difficult to turn to this coin mixer in case of scams.
And last but not least, there is a mixing service with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented 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 platform 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 different resources helps the crypto mixer to keep user’s identity incognito. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be trustworthy having all transactions anonymous. It is important to choose a crypto tumbler wisely, as a sender has no chance to turn to any authority in case of scams. By all means, processing your deposits online can be unsafe, however, using coin tumblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.