As cybercash is gaining momentum across the globe, digital money 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 turned out that it is untrue. On account of public administration controls, the transactions are detectable which means that a sender’s electronic address and even identity can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is a straightforward way to mix different parts of it with other transactions used. In the end a sender gets back the same number of coins, but blended in a non-identical set. As a result, it is impossible to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These traces play an important role for the state to track back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use accessible bitcoin mixing services and secure sender’s identity. Many digital currency owners do not want to inform everyone the amount they gain or how they use up their money.
There is a belief among some internet users that using a mixing service is an illegal action itself. It is not entirely correct. As outlined above, there is a possibility of crypto mixing to become unlawful, if it is used to hide 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 be careful while picking a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be sure that a scrambler 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 top existing scramblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are critical options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine 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 deposited coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential 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 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 mixed with prior deposits. Additional URL (Blender) is also here to make certain that senders can get to the scrambler, even if the main link is not available.
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 there is no doubt that users can trust this mixing service and their deposits will not be taken. The number of required confirmations differs depending on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of sending 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 write it down, so it is easy 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 feature. 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 amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 best Bitcoin mixers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one type of coins and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely special crypto mixer is ChipMixer because it is based on the absolutely different principle comparing to other tumblers. A user does not simply deposit coins to mix, but makes 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 holder can forward coins to process. As the chips are sent to the mixing platform beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this tumbler: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified 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 meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unique, as the tumbler 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 untraceable.
Another reliable mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite standard and identical with the processes on other tumblers. There is a possibility to set 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 money are more secured and undetectable.
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 sent for every extra address. Splitting 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 payment meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the best bitcoin mixers which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 stored 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 earliest crypto coin mixers, BitBlender (BitBlender) remains a user-friendly and usable crypto coin tumbler. 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 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 problems 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 offer 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 mixing service with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This tumbler offers a very simple user-interface, as well as the possibility to have control over 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 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 keep user’s personal information incognito. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented in the article are reported to be trusty having all transactions nameless. It is important to pick a crypto mixer wisely, as a sender has no chance to turn to any governmental structure in case of scams. Of course, processing your deposits online can be risky, however, using coin tumblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.