As bitcoin is gaining momentum worldwide, bitcoin holders have become more aware about the confidentiality of their purchases. Everyone was of the opinion that a crypto user can remain disguised while depositing their digital currencies and it came to light that it is untrue. Because of the implementation of government policies, the transactions are identifiable meaning that a sender’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money tumbler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to mix different parts of it with other transactions used. After all a user gets back the same number of coins, but mixed up in a completely different set. Consequently, 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 are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces play an important role for the state to trace back illegal transactions, such as buying weapon, 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 tumblers and secure sender’s identity. Many bitcoin owners do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some web users that using a tumbler is an criminal action itself. It is not entirely correct. As previously stated, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to blend their coins.
Nevertheless, a digital currency owner should be careful while choosing a bitcoin tumbler. Which platform can be trusted? How can a crypto holder be sure that a tumbler will not take all the sent coins? This article is here to answer these concerns and assist every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the top existing mixers that were chosen by customers and are highly recommended. Let’s look closely at the listed coin tumblers and explain all options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, 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 provide a sender with more options, some tumblers also allow to blend coins between the currencies which makes transactions far less traceable.
There is one feature that is not displayed 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 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. For better understanding of crypto mixers, it is essential to review 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 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 fresh crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to guarantee that senders 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 tumbler 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 needed confirmations depends on the number of deposited coins, e.g. for depositing less that 25 BTC there is only 1 confirmation needed, in case of depositing 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 outgoing address or several of them and then set a time-delay option. A delay time is defined automatically and a user can modify it if necessary. A service fee can be also chosen from the table depending on the deposited amount. Each transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand 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 top Bitcoin mixers that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to deposit 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 less traceable, 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 mixer is ChipMixer because it is based on the completely another rule comparing to other services. A user does not simply 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 split according to their wishes. After chips are included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing platform in advance, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this mixer: 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 each sender has an opportunity 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 clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
It should be pointed out 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 soon. The mixing process is relatively typical and identical with the processes on other mixing services. It is possible to set a time-delay feature 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 undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This scrambler is listed because it works fast and it is trusty. The transaction fee is really low, only the amount of 0.0001 BTC needs to be sent for every extra 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 take a look at another one of the top bitcoin mixers which is extremely user-friendly. 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 possible transaction-related problems. There is a time-delay feature, however, it is not possible to be controlled by a user but the mixing service only.
Being one of the earliest crypto coin mixers, BitBlender (BitBlender) continues to be a user-friendly and usable mixing platform. 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 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 mixer does not offer a Letter of Guarantee which makes it hard to turn to this tumbler in case of scams.
And last but not least, there is a platform with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added in future. This platform offers a very easy-to-use user-interface, as well as the opportunity to have control over all steps of the mixing process. A user can set up 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 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 different resources helps the crypto tumbler to keep user’s personal information undetected. 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 unidentified. It is important to pick a crypto mixer wisely, as a sender has no opportunity to address any authority in case of scams. By all means, handling 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.