Since cybercash is spinning up across the globe, bitcoin holders have become more aware about the anonymity of their affairs. Everyone thought that a sender can remain unidentified while depositing their digital currencies and it came to light that it is not true. On account of the implementation of government policies, the transactions are meaning that a user’s e-mail and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a crypto mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to blend several parts of it with other transactions used. After all a user gets back an equal quantity of coins, but blended in a completely different set. Therefore, there is no way to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These marks are important for the state to trace back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency mixers and secure sender’s identity. Many bitcoin owners do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some web surfers that using a mixer is an criminal action itself. It is not completely true. As outlined above, there is a possibility of coin blending to become illegal, 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 cryptocurrency owners to blend their coins.
However, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can one be sure that a scrambler will not take all the sent coins? This article is here to reply to these concerns and help every crypto owner to make the right choice.
The digital currency mixers presented above are among the top existing tumblers that were chosen by customers and are highly recommended. Let’s look closely at the listed coin tumblers 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 essential 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 cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to combine 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 remain anonymous, as there is a gap between the deposited 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 consider each of them independently.
Blender has a easy interface, it is convenient 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 output address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which assures that new crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to ensure that senders can get to the mixer, 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 it is without a doubt that users can trust this mixing platform and their deposits will not be taken. The number of required confirmations depends on the deposited amount, e.g. for depositing less that 25 BTC there is only 1 confirmation needed, in case of sending more than 1000 BTC a user needs to collect 5 confirmations.
To use this crypto mixer, a CryptoMixer code needs to be invented. A user should note it, so it is easy to use it next time. After entering a CryptoMixer code, users need to provide the output address or several of them and then set a time-delay option. A delay time is determined automatically and a user can change it if needed. A service fee can be also selected from the table depending on the sent amount. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand 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 the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to exchange the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make 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 absolutely special crypto tumbler is ChipMixer because it is based on the totally different idea comparing to other services. A user does not just 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 break down 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 in advance, following transactions are nowhere to be found and it is not possible 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 applied in a random way making transactions even more anonymous and the service itself more cost-effective. 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 clean coins is also quite unique, as the mixing service requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
It should be pointed out 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 standard and similar to the processes on other platforms. 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 multiple addresses. Thus, sender’s funds are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler is listed because it works fast and it is reliable. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for every extra address. Splitting deposited coins between 5 addresses is also extremely helpful 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 take a look at another one of the leading bitcoin mixers which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it should be noted 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 problems. 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 crypto coin tumblers, BitBlender (BitBlender) remains a simple 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 manageable by a user.
The mixing itself is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user sends more than 10 BTC in a week, the platform 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 mixing platform does not offer a Letter of Guarantee which makes it hard to address this coin mixer in case of scams.
And last but not least, there is a coin mixer with many 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 friendly user-interface, as well as the opportunity to have control over 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 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 different resources helps the mixing platform to maintain user’s personal information incognito. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be reliable having all transactions anonymous. It is important to choose a crypto mixer wisely, as a sender has no chance to address any authority in case of scams. Of course, handling your deposits online can be unsafe, however, using scramblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.