As cybercash is gaining momentum across the globe, bitcoin holders have become more aware about the confidentiality of their purchases. Everyone used to believe that a crypto user can remain incognito while depositing their coins and it came to light that it is not true. On account of the implementation of government policies, the transactions are detectable meaning that a sender’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin mixer.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to blend several parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a non-identical set. As a result, there is no way to track the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves traces. These marks play an important role for the state to track back outlawed transactions, such as purchasing weapon, 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 bitcoin mixers and secure sender’s identity. Many bitcoin holders do not want to inform everyone how much they earn or how they spend their money.
There is an opinion among some internet surfers that using a scrambler is an illegal action itself. It is not completely correct. As outlined above, there is a possibility of cryptocurrency mixing to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for cryptocurrency owners to blend their coins.
However, a digital currency owner should be careful while choosing a bitcoin tumbler. Which service can be relied on? How can a crypto holder be sure that a mixer will not take all the sent digital money? This article is here to answer these concerns and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the top existing scramblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed crypto mixers and describe all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential options that should not be overlooked. Most of the mixing platforms 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 provide a sender with more opportunities, some mixing services also allow to blend 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 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 on their own and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is necessary to review each of them independently.
Blender has a easy interface, it is convenient 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 outgoing address. As one of the few, this mixer provides a user with a special mixing code which assures that fresh crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to make sure that senders can get to the mixer, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is notable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing service and their deposits will not be taken. The number of needed confirmations depends on the deposited amount, 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 gather 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 entering 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 modify it if needed. A service fee can be also selected from the table depending on the deposited sum. Every transaction requires extra 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 best Bitcoin mixers that has ever appeared. This mixer supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to deposit one currency and get them back in another type of coins. This process even increases user’s confidentiality. 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 totally special crypto mixer is ChipMixer because it is based on the absolutely another rule comparing to other tumblers. 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 break down 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 service in advance, following 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 platform: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and every user has a chance to manually clear all logs before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unusual, as the tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
It should be pointed out that random amounts 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 quite typical and identical with the processes on other tumblers. There is a possibility to set a time-delay option up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to multiple addresses. Thus, sender’s funds are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer is listed 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 every extra address. Splitting deposited coins between 5 addresses is also very beneficial for keeping user’s anonymity. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the best bitcoin mixing services which is really easy to use. 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 easy for a user to manually remove all the logs which are saved 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 mixing service only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) remains 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 manageable 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 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 a holder of a PGP key with password. However, this mixing platform does not have a Letter of Guarantee which makes it difficult 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). At the moment, there are three currencies and Ethereum is going to be represented soon. This platform offers a very easy-to-use user-interface, as well as the opportunity 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 incredibly useful. 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 mixing platform to keep user’s identity undetected. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trustworthy having all transactions anonymous. It is important to choose a mixing platform wisely, as a sender has no chance to turn to any authority in case of scams. Of course, processing your deposits online can be risky, however, using scramblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.