Since cybercash is gaining momentum across the globe, bitcoin holders have become more aware about the confidentiality of their purchases. Everyone thought that a crypto user can remain disguised while depositing their digital currencies and it came to light that it is not true. On account of public administration controls, the transactions are traceable meaning that a sender’s electronic address and even identity can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend several parts of it with other coins. After all a sender gets back the same number of coins, but mixed up in a completely different set. Therefore, there is no possibility to trace the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves traces. These traces play an important role for the government to trace back criminal 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 traced, it is possible to use available cryptocurrency tumblers and secure sender’s personal identity. Many digital currency 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 tumbler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no point to worry. There are many services that are here for bitcoin holders to mix their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not take all the sent coins? This article is here to reply to these concerns and assist every crypto owner to make the right decision.
The digital currency mixers 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 mixers and explain all aspects on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical options that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender 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 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 by themselves and it can be a couple of days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to review each of them independently.
Blender has a easy interface, it is easy to use and straightforward. 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 assures that new crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to make certain 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 platfrom 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 service and their cryprocurrencies will not be stolen. The number of required confirmations differs depending on the deposited amount, 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 collect 5 confirmations.
To operate on this platform, a CryptoMixer code needs to be invented. 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 defined automatically and a user can adjust it if needed. A service fee can be also chosen from the table depending on the sent 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 leading Bitcoin mixing services that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to send one type of coins and get them back in another type of coins. This process even increases user’s confidentiality. 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 additional address.
One completely extraordinary crypto mixing service is ChipMixer because it is based on the totally another idea comparing to other services. 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 split 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 service prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized 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 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 applied. The process of getting clean coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them less traceable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and similar to the processes on other mixing services. There is a possibility to choose 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 secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler is on the list because it works quickly and it is reliable. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be added for every extra address. Dividing deposited coins between 5 addresses is also very helpful for maintaining user’s confidentiality. 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 leading bitcoin mixers which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a straightforward interface and it should be noted 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 coin tumbler only.
Being one of the oldest mixing services, BitBlender (BitBlender) continues to be a user-friendly and usable mixing platform. 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 can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user deposits 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 service does not have a Letter of Guarantee which makes it challenging to address this coin mixer in case of scams.
And last but not least, there is a mixing service with many 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 friendly user-interface, as well as the opportunity to have control over all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is very useful. The tumbler gives 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 various resources helps the crypto tumbler to maintain user’s personal information undiscovered. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be reliable having all transactions nameless. It is important to pick a crypto mixer wisely, as a sender has no opportunity to address any governmental structure in case of scams. By all means, handling 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.