As digital currency is spinning up worldwide, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone used to believe that a sender can remain disguised while forwarding their digital currencies and it came to light that it is not true. Because of public administration controls, the transactions are identifiable meaning that a sender’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cyber money tumbler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a user gets back the same number of coins, but blended in a completely different set. As a result, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks play an important role for the government to trace back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use available crypto tumbling services and secure sender’s identity. Many digital currency holders do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some internet surfers that using a tumbler is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of coin blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to be concerned. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should pay attention while picking a digital currency scrambler. Which platform can be trusted? How can one be certain that a mixer will not steal all the deposited digital money? This article is here to answer these questions and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed mixers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are important aspects that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. 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 mix 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 feature helps a user and a transaction itself to stay incognito, 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 a couple of days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to consider each of them independently.
Blender has a easy 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 outgoing address. As one of the few, this mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to make sure that senders can get to the tumbler, even if the main link is not available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer 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 service and their deposits will not be stolen. The number of needed confirmations depends on the deposited amount, e.g. for depositing less that 25 BTC there is only 1 confirmation required, in case of depositing more than 1000 BTC a user needs to collect 5 confirmations.
To use this platform, a CryptoMixer code needs to be invented. A user should note it, so it is possible to use it next time. After providing 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 determined automatically and a user can adjust it if necessary. A service fee can be also selected from the table depending on the deposited sum. Each transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 leading Bitcoin mixers that has ever appeared. This scrambler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to swap the coins, in other words to deposit one currency and get them back in another currency. 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 extra address.
One completely special crypto mixer is ChipMixer because it is based on the totally different rule comparing to other mixers. A user does not merely 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 included in the wallet, a wallet holder can send coins to process. As the chips are sent to the mixing service prior to the transaction, following transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has a chance to manually cleanse all logs before the end of this period. Another coin scrambler 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 mixer requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them less identifiable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard and identical with the processes on other platforms. There is a possibility 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 untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is listed because it works fast and it is trusty. 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 highly helpful 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 leading bitcoin tumblers which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it is worth mentioning 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 possible 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 coin tumbler only.
Being one of the earliest 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 crypto mixer 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 service does not offer a Letter of Guarantee which makes it challenging to address 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 simple user-interface, as well as the possibility to have control over 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 gives 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 various resources helps the mixing platform to maintain user’s personal information undetected. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented in the article are reported to be trustworthy having all transactions nameless. It is important to pick a mixing platform wisely, as a sender has no chance to turn to any governmental structure in case of scams. By all means, handling your deposits online can be risky, 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.