Since bitcoin is gaining momentum around the world, digital money holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a sender can remain unidentified while forwarding their coins and it came to light that it is untrue. On account of the implementation of government policies, the transactions are identifiable meaning that a sender’s e-mail and even identity can be disclosed. But don’t be worried, there is an answer to such governmental measures and it is a crypto mixing service.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to blend several parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but blended in a completely different set. Therefore, it is impossible to track the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces are important for the state to track back criminal transactions, such as purchasing guns, 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 accessible cryptocurrency tumbling services and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they earn or how they use up their money.
There is a belief among some web surfers that using a mixer is an criminal action itself. It is not entirely correct. As mentioned before, 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 services that are here for cryptocurrency owners to blend their coins.
Nevertheless, a crypto holder should pay attention while choosing a crypto mixer. Which platform can be relied on? How can a crypto holder be certain that a mixing platform will not take all the deposited digital money? This article is here to reply to these concerns and assist every crypto owner to make the right choice.
The digital currency mixers presented above are among the best existing tumblers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and describe all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are important features that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common 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 mixing services also allow to mix coins between the currencies which makes transactions far less traceable.
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 outcoming transaction. In most cases, users can set the time of delay by themselves 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 independently.
Blender has a clear 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 extra fee of 0.0005 % per outgoing address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which guarantees that fresh crypto coins are not blended with prior deposits. Additional URL (Blender) is also here to make certain that users 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 clearly that users can trust this mixing platform and their deposits will not be taken. The number of required confirmations depends 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 operate on this crypto tumbler, 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 outgoing address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can modify it if necessary. A service fee can be also chosen from the table depending on the deposited sum. Every transaction requires additional 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 mixers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this platform 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 confidentiality. 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 additional address.
One absolutely unique crypto tumbler is ChipMixer because it is based on the totally different principle comparing to other mixers. 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 holder can forward coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard 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 cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another mixing platform 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 mixer requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them less trackable.
Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and identical with the processes on other mixing services. There is a possibility to choose a time-delay feature up to 72 hours and a sender has an opportunity to split 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 platform. This scrambler is on the list because it works quickly and it is reliable. The transaction fee is really small, only the amount of 0.0001 BTC needs to be added for every extra address. Splitting deposited coins between 5 addresses is also extremely beneficial for maintaining user’s confidentiality. Every user is able to select an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the leading bitcoin tumblers which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 delete all the logs which are saved 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 platform only.
Being one of the earliest crypto coin tumblers, BitBlender (BitBlender) continues to be a simple and functional crypto coin mixer. 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 is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. Also, if a user deposits more than 10 BTC in a week, the crypto mixer reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should be afraid of security breach as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixer does not offer a Letter of Guarantee which makes it challenging to turn to this coin mixer in case of scams.
And last but not least, there is a mixing service with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This platform offers a very easy-to-use user-interface, as well as the opportunity to control all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly useful. The tumbler 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 many 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 mixers introduced in the article are reported to be trusty having all transactions nameless. It is important to choose a crypto tumbler wisely, as a sender has no opportunity to turn to any authority in case of scams. By all means, processing your deposits online can be unsafe, however, using mixing platforms that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.