As cybercash is spinning up across the globe, bitcoin holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a crypto user can remain disguised while forwarding their coins and it turned out that it is not true. Because of the implementation of government policies, the transactions are meaning that a sender’s e-mail and even personal identification information can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other coins. After all a sender gets back an equal quantity of coins, but blended in a completely different set. As a result, it is impossible to track the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These traces are essential for the government to trace back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being traced, it is possible to use available crypto tumblers and secure sender’s identity. Many crypto holders do not want to inform everyone how much they earn or how they use up their money.
There is an opinion among some web users that using a mixing service is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of cryptocurrency blending to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not steal all the deposited digital money? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the top existing mixers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed mixers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important features that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender 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 represented in the above table and it is time-delay. This option helps a user and a transaction itself to stay incognito, as there is a gap between the forwarded coins and the outcoming transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. For 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 outgoing 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 preceding deposits. Additional URL (Blender) is also here to make certain that users can get to the scrambler, even if the main link is not working.
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 it is without a doubt that users can trust this mixing platform and their deposits will not be stolen. The number of needed confirmations depends 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 gather 5 confirmations.
To operate on this platform, a CryptoMixer code needs to be created. A user should note it, so it is possible 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 option. 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 forwarded sum. 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 received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin tumblers that has ever appeared. This mixer 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 type of coins and receive them in another currency. This process even increases user’s anonymity. Time-delay feature helps to make 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 completely extraordinary 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 divide 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 prior to the transaction, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is randomized 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 service 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 unique, as the platform requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
it is noteworthy 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 standard and similar to the processes on other mixers. There is a possibility to choose a time-delay feature up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to several addresses. Thus, sender’s funds are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is on the list because it works quickly and it is trusty. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also extremely beneficial for keeping user’s anonymity. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s represent another one of the top bitcoin tumblers which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it is worth mentioning 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 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 crypto coin mixers, BitBlender (BitBlender) continues to be a user-friendly 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 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 deposits 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 be afraid of security leak 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 challenging to address this coin mixer in case of scams.
And last but not least, there is a platform with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This tumbler offers a very simple user-interface, as well as the possibility to control all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is extremely useful. The platform gives 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 many resources helps the mixing platform to keep user’s identity undetected. This last mixer 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 pick a crypto mixer wisely, as a sender has no chance to turn to any authority in case of scams. Of course, handling your deposits online can be risky, however, using mixing platforms that are listed in the article will help every user to reduce risks and be sure of success of the transaction.