Since digital money is gaining momentum worldwide, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone used to believe that a sender can remain incognito while depositing their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are traceable which means that a user’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a crypto tumbler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to blend different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but blended in a non-identical 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 are aware, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These traces are essential for the state to trace back criminal transactions, such as buying 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 accessible bitcoin tumblers and secure sender’s identity. Many bitcoin owners do not want to inform everyone how much they earn or how they spend their money.
There is an opinion among some web users that using a scrambler is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for bitcoin holders to mix their coins.
However, a crypto holder should pay attention while picking a crypto mixer. Which service can be relied on? How can a crypto holder be certain that a mixing platform will not take all the sent digital money? This article is here to answer these concerns and assist every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the leading existing mixers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and explain all aspects on which attention should be focused.
Surely all mixers 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 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 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 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. To get a better understanding of crypto tumblers, it is necessary to review 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 preceding deposits. Additional URL (Blender) is also here to ensure 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 mixer 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 service and their deposits will not be stolen. The number of needed confirmations depends on the deposited amount, e.g. for depositing less that 25 BTC there is only 1 confirmation required, in case of sending more than 1000 BTC a user needs to gather 5 confirmations.
To use this crypto tumbler, a CryptoMixer code needs to be created. A user should note it, so it is easy 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 determined automatically and a user can modify it if needed. A service fee can be also selected from the table depending on the deposited amount. 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 best Bitcoin mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to send one currency 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 absolutely extraordinary crypto tumbler is ChipMixer because it is based on the completely different principle comparing to other mixers. 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 break down according to their wishes. After chips are included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing platform beforehand, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no standard 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 a chance to manually clear all logs prior to this period. Another mixing service 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 mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It should be pointed out that random amounts are sent in two and more transactions to make them untraceable.
Another reliable tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and similar to the processes on other platforms. It is possible 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 several addresses. Thus, sender’s funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This scrambler 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 each additional address. Dividing deposited coins between 5 addresses is also greatly beneficial for keeping user’s anonymity. Every user is able to select an additional option of delaying the payout meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the best bitcoin mixers which is really easy to use. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it is worth mentioning 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 easy for a user to manually remove all the logs which are stored for this period because of any future 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 simple and usable crypto coin tumbler. 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 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 platform reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should worry security leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixing platform 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 coin mixer with several cryptocurrencies to mix named SmartMixer (SmartMixer). For now, 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 phases of the mixing process. A user can select a delay not just by hours, but by the minute which is extremely useful. The platform provides the opportunity to use a calculator to understand the amount of funds 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 mixing platform to keep user’s identity undiscovered. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be reliable having all transactions unidentified. It is important to choose a crypto mixer wisely, as a sender has no chance to address any governmental structure in case of scams. By all means, processing your deposits online can be unsafe, 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.