As bitcoin is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their purchases. Everyone used to believe that a crypto user can remain incognito while depositing their coins and it turned out that it is not true. Owing to the implementation of government policies, the transactions are identifiable meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be frightened, 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 mix several parts of it with other coins. After all a sender gets back the same number of coins, but blended in a completely different set. As a result, there is no way to trace the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These traces are important for the state to track back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being traced, it is possible to use available cryptocurrency mixers and secure sender’s identity. Many crypto owners do not want to inform everyone the amount they earn or how they spend their money.
There is an opinion among some internet surfers that using a scrambler is an criminal action itself. It is not completely correct. As outlined above, there is a possibility of crypto blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should be careful while picking a bitcoin tumbler. Which service can be relied on? How can one be sure that a tumbler will not steal 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 leading existing tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed mixers and describe all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are critical aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
There is one feature 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 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 necessary to consider each of them independently.
Blender has a clear interface, it is easy to use and uncomplicated. 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 mixer provides a user with a special mixing code which guarantees that new crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to make sure that users can get to the mixing service, 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 platform and their coins will not be stolen. The number of needed confirmations differs depending on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation required, 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 write it down, so it is easy to use it next time. After providing 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 forwarded amount. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 mixing services that has ever appeared. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one type of coins 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 unique crypto mixing service is ChipMixer because it is based on the completely another rule comparing to other services. A user does not simply 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 split according to their wishes. After chips are added to the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing platform beforehand, next transactions are nowhere to be found and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous 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 meaning that there are no service or transaction fee charged. The process of getting renewed 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 worth noting that random sums 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 platforms. There is a possibility to set a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to several addresses. Thus, sender’s money are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is on the list because it works fast and it is reliable. The transaction fee is really low, only the amount of 0.0001 BTC needs to be added for every extra address. Dividing deposited coins between 5 addresses is also extremely helpful for maintaining user’s confidentiality. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even less traceable.
Let’s represent another one of the leading bitcoin mixers which is really easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 delete 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 mixer only.
Being one of the oldest mixing services, BitBlender (BitBlender) remains 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 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 mixing service reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should be afraid of security problems 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 have a Letter of Guarantee which makes it hard to address this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This platform offers a very simple user-interface, as well as the opportunity to control 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 platform gives the opportunity to use a calculator to understand the amount of money a user finally gets. 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 tumblers 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.