As bitcoin is spinning up around the world, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone used to believe that a crypto user can remain incognito while forwarding their coins and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are identifiable which means that a sender’s electronic address 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 scrambler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to mix different parts of it with other transactions used. After all a user gets back the same number of coins, but blended in a completely different set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, 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 government to trace back criminal transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use accessible crypto tumblers and secure sender’s personal identity. Many digital currency owners do not want to let everybody know how much they gain or how they spend their money.
There is a belief among some web surfers that using a mixing service is an criminal action itself. It is not completely correct. As mentioned before, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no need to worry. There are many services that are here for bitcoin holders to mix their coins.
Nevertheless, a digital currency owner should pay attention while choosing a crypto mixer. Which service 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 concerns and help every crypto owner to make the right decision.
The crypto scramblers presented above are among the leading existing mixers that were chosen by users and are highly recommended. Let’s look into the listed coin tumblers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some mixing services also allow to blend coins between the currencies which makes transactions far less trackable.
There is one option that is not represented in the above table and it is time-delay. This feature helps a user and a transaction itself to remain anonymous, as there is a gap between the sent coins and the outcoming 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. For better understanding of crypto tumblers, it is necessary to review each of them separately.
Blender has a simple interface, it is easy to use and simple. 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 cryptocurrency tumbler provides a user with a special mixing code which guarantees that new crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to guarantee 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 tumbler is notable 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 deposits will not be taken. The number of required confirmations differs depending on the deposited amount, e.g. for depositing 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 platform, a CryptoMixer code needs to be invented. 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 outgoing address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can adjust it if needed. A service fee can be also selected from the table depending on the forwarded sum. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the number of coins sent and got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and receive them 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 completely special crypto tumbler is ChipMixer because it is based on the completely another idea comparing to other tumblers. A user does not merely 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 added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard 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 incognito and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them less traceable.
Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively standard and similar to the processes on other mixing services. It is possible to set a time-delay feature up to 72 hours and a sender has an opportunity to split 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 scrambler. This scrambler is on the list because it works quickly and it is trusty. The transaction fee is really low, only the amount of 0.0001 BTC needs to be added for each additional address. Splitting deposited coins between 5 addresses is also greatly helpful 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 take a look at another one of the leading bitcoin mixing services which is extremely easy to operate. 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 possible 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 mixer only.
Being one of the oldest mixing services, BitBlender (BitBlender) continues to be a user-friendly and functional crypto coin tumbler. 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 process 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 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 breach 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 difficult to address this coin mixer in case of scams.
And last but not least, there is a mixing service with many cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented in future. This platform offers a very easy-to-use user-interface, as well as the opportunity to have control over all phases of the mixing process. A user can set up a delay not just by hours, but by the minute which is very useful. The mixer 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 keep user’s identity undiscovered. 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 unidentified. It is important to pick a crypto mixer 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 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.