As digital currency is spinning up around the world, digital money holders have become more aware about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain unidentified while depositing their digital currencies and it turned out that it is not true. Because of the implementation of government policies, the transactions are traceable which means that a sender’s e-mail and even identity can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto mixer.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other coins. After all a sender gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, it is impossible to track the transaction back to a sender, so one can stay calm that identity is not revealed.
As maybe some of you know, 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 trace back illegal transactions, such as purchasing guns, 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 cryptocurrency mixers and secure sender’s personal identity. Many digital currency owners do not want to let everybody know the amount they gain or how they spend their money.
There is an opinion among some internet surfers that using a mixing service 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 disguise user’s criminal activity, otherwise, there is no point to worry. There are many platforms that are here for bitcoin holders to mix their coins.
Nevertheless, a digital currency owner should be careful while picking a digital currency scrambler. Which platform can be relied on? How can a crypto holder be certain that a scrambler will not steal all the deposited coins? This article is here to answer these questions and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing mixers that were chosen by users and are highly recommended. Let’s look into the listed mixers and explain all options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are critical options that should not be overlooked. 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 coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less trackable.
There is one option 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 several days or even hours and minutes. To get a 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 straightforward. 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 guarantees that fresh crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to ensure that users can get to the mixing service, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing service 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 service and their deposits will not be stolen. The number of needed confirmations depends on the number of deposited coins, e.g. for sending less that 25 BTC there is only 1 confirmation required, in case of depositing more than 1000 BTC a user needs to gather 5 confirmations.
To use this crypto mixer, a CryptoMixer code needs to be invented. A user should write it down, 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 feature. A delay time is defined automatically and a user can adjust it if needed. A service fee can be also selected from the table depending on the forwarded amount. 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 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 tumbler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency and get them back in another currency. 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 extra address.
One totally special crypto tumbler is ChipMixer because it is based on the completely 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 divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform prior to the transaction, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean 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 trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and identical with the processes on other platforms. It is possible 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 protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is listed because it works fast and it is trusty. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be added for every extra address. Splitting deposited coins between 5 addresses is also highly 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 less traceable.
Let’s take a look at another one of the top bitcoin mixers which is really easy to use. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 stored 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 earliest mixing services, BitBlender (BitBlender) continues to be a user-friendly and usable crypto coin mixer. It is possible 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. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner should worry security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixing platform does not have 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 coin mixer with many cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This mixer offers a very friendly user-interface, as well as the possibility 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 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 many resources helps the crypto tumbler to keep user’s identity undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trusty having all transactions anonymous. It is important to pick a mixing platform wisely, as a sender has no chance to address any authority in case of scams. Of course, handling 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.