Since digital currency is spinning up worldwide, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone used to believe that a sender can remain disguised while forwarding their coins and it came to light that it is not true. Owing to public administration controls, the transactions are identifiable meaning that a user’s e-mail and even identity can be revealed. 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 cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward 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 non-identical set. Consequently, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not disclosed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks play an important role for the state to trace back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use accessible bitcoin mixing services and secure sender’s personal identity. Many digital currency holders do not want to inform everyone the amount they gain or how they spend their money.
There is an opinion among some web users that using a mixer is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many platforms that are here for bitcoin holders to blend their coins.
However, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be certain that a mixing platform will not take all the sent coins? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the best existing scramblers that were chosen by users 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 tumblers from the table support no-logs and no-registration rule, these are essential options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there are a few coin scramblers that mix other coins, 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 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 forwarded 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 consider each of them independently.
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 outgoing 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 ensure that senders 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 noteworthy 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 service and their coins will not be taken. The number of needed confirmations differs depending on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation required, 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 entering 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 defined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the forwarded 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 received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin tumblers that has ever appeared. This mixer supports not only Bitcoins, 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 currency. This process even increases user’s confidentiality. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One totally special crypto mixer is ChipMixer because it is based on the totally another principle comparing to other services. A user does not simply 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 divide according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it applies “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 affordable. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler 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 unique, as the platform 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 untraceable.
Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and similar to the processes on other tumblers. It is possible to set a time-delay feature 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 untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer is listed 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 each additional address. Splitting deposited coins between 5 addresses is also greatly 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 more anonymous.
Let’s take a look at another one of the leading bitcoin mixers which is extremely easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 mixing platform only.
Being one of the oldest mixing services, BitBlender (BitBlender) continues to be a user-friendly 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 itself is realizable 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 owner should worry security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixer does not have 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 several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added in future. 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 helpful. The tumbler gives the opportunity to use a calculator to understand the amount of money 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 mixing platform to maintain user’s identity incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be trusty having all transactions anonymous. It is important to choose a crypto mixer wisely, as a sender has no opportunity 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 minimize risks and be sure of success of the transaction.