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 forwarding their coins and it turned out that it is untrue. On account of public administration controls, the transactions are detectable meaning that a user’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency scrambler.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to mix several parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but mixed up in a non-identical set. As a result, there is no way to trace the transaction back to a sender, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks play an important role for the authorities to trace back illegal transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use accessible bitcoin tumbling services and secure sender’s identity. Many digital currency owners do not want to inform everyone how much they earn or how they use up their money.
There is an opinion among some web users that using a mixing service is an illegal action itself. It is not entirely true. As mentioned before, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.
However, a crypto holder should be careful while picking a crypto mixer. Which platform can be trusted? How can one be sure that a mixer will not take all the sent digital money? This article is here to answer these concerns and assist every bitcoin holder to make the right choice.
The digital currency mixers presented above are among the top existing scramblers that were chosen by users 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 tumblers from the table support no-logs and no-registration policy, these are important features that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
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 sent coins and the outgoing 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. For better understanding of crypto mixers, it is essential to review each of them independently.
Blender has a simple interface, it is convenient to use and simple. 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 mixer provides a user with a special mixing code which assures that fresh crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to ensure that users can get to the mixing service, even if the main link is not available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer 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 platform and their deposits will not be stolen. The number of required confirmations depends on the deposited amount, 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 operate on this crypto mixer, a CryptoMixer code needs to be created. A user should write it down, so it is possible 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 defined automatically and a user can adjust it if needed. 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 see the number of coins 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 appeared. This scrambler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service 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 anonymity. Time-delay feature helps to make a transaction untraceable, 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 mixing service is ChipMixer because it is based on the absolutely different rule 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 added to the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing service prior to the transaction, next transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixer: 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 clear all logs prior to 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 renewed coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them untraceable.
Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively standard and identical with the processes on other tumblers. There is a possibility to choose a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the funds 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 scrambler is on the list 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 each additional address. Splitting deposited coins between 5 addresses is also extremely 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 more anonymous.
Let’s take a look at another one of the leading bitcoin mixers which is really easy to operate. 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 stored for this period because of any possible transaction-related issues. 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 crypto coin mixers, BitBlender (BitBlender) remains a simple 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 is realizable 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 holder should be afraid of security breach as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this mixer does not offer a Letter of Guarantee which makes it difficult to turn to this tumbler in case of scams.
And last but not least, there is a platform with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This platform offers a very friendly user-interface, as well as the opportunity 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 incredibly useful. The platform 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 different resources helps the crypto tumbler to keep user’s identity undiscovered. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be trusty having all transactions anonymous. It is important to pick a crypto tumbler wisely, as a sender has no chance to address any governmental structure in case of scams. Of course, handling your deposits online can be unsafe, however, using coin tumblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.