Since digital money is gaining momentum around the world, digital money holders have become more aware about the anonymity of their affairs. Everyone thought that a crypto user can remain disguised while depositing their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are traceable meaning that a sender’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a crypto tumbler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but blended in a completely different set. Therefore, there is no way to track the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks play an important role for the government to track back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use available bitcoin tumblers and secure sender’s identity. Many digital currency owners do not want to inform everyone 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 true. As mentioned before, there is a possibility of crypto blending to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no point to worry. There are many services that are here for cryptocurrency owners to mix their coins.
However, a crypto holder should pay attention while picking a crypto mixer. Which service can be trusted? How can a crypto holder be certain that a tumbler 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 cryptocurrency mixing services presented above are among the top existing mixers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and describe all features on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration rule, these are critical options that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto mixing platforms that mix other coins, 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 trackable.
There is one feature that is not displayed 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 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 tumblers, it is essential to consider each of them independently.
Blender has a straightforward 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 outgoing address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which assures that fresh crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to ensure that senders can get to the scrambler, even if the main link is not available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is remarkable 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 stolen. The number of required confirmations depends on the number of deposited coins, e.g. for depositing 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 operate on this platform, a CryptoMixer code needs to be created. A user should note it, so it is easy to use it next time. After providing a CryptoMixer code, users need to provide the outgoing address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the deposited sum. Each 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 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 aforementioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to send one type of coins and get them back 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 extra address.
One totally special crypto mixing service is ChipMixer because it is based on the totally different idea comparing to other mixers. A user does not merely deposit coins to clean, but creates 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 owner can deposit coins to process. As the chips are sent to the mixing platform in advance, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no usual fee for transactions on this tumbler: it applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually clear all logs prior to 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 clean coins is also quite unusual, as the mixer 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 identifiable.
Another trustworthy tumbler 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 mixers. It is possible to set a time-delay option 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 funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is listed because it works quickly and it is trusty. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also greatly 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 top bitcoin mixers which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 earliest mixing services, BitBlender (BitBlender) remains a user-friendly and functional crypto coin tumbler. It is possible to have two accounts, with and without registration. The difference is that the one without registration is less manageable by a user.
The mixing itself can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user sends 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 leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this tumbler does not have a Letter of Guarantee which makes it difficult to turn to this coin scrambler in case of scams.
And last but not least, there is a coin mixer with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This mixer offers a very friendly 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 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 mixing platform to maintain user’s personal information incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be reliable having all transactions unidentified. It is important to pick a mixing platform wisely, as a sender has no opportunity to address any authority in case of scams. Of course, processing your deposits online can be unsafe, however, using scramblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.