As digital currency is gaining momentum worldwide, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is untrue. Owing to public administration controls, the transactions are traceable meaning that a user’s e-mail and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a sender gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, it is impossible to track the transaction back to a user, so one can stay calm that identity is not revealed.
As maybe some of you are aware, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These traces are essential for the government to trace back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use accessible crypto tumblers and secure sender’s personal identity. Many crypto owners 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 completely correct. As mentioned before, there is a possibility of cryptocurrency mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no point to be concerned. There are many services that are here for bitcoin holders to blend their coins.
However, a digital currency owner should pay attention while choosing a crypto mixer. Which service can be trusted? How can one be sure that a scrambler will not take all the deposited digital money? This article is here to reply to these concerns and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing mixers 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 mixers from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. 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 coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine 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 option helps a user and a transaction itself to stay incognito, as there is a gap between the deposited 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 tumblers, it is essential to review each of them separately.
Blender has a clear 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 cryptocurrency tumbler provides a user with a special mixing code which assures that new crypto coins are not blended with preceding deposits. Additional URL (Blender) is also here to make sure 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 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 platform and their cryprocurrencies will not be stolen. The number of required 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 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 entering a CryptoMixer code, users need to provide the outgoing address or several of them and then set a time-delay option. A delay time is determined automatically and a user can adjust it if needed. A service fee can be also chosen from the table depending on the sent sum. Every 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 got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever existed. This mixer supports not only Bitcoins, but also other above-mentioned 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 confidentiality. Time-delay feature makes 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 absolutely unique crypto mixer is ChipMixer because it is based on the completely another principle comparing to other tumblers. A user does not just 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 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 beforehand, 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 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 affordable. Retention period is 7 days and each sender has a chance to manually clear all logs prior to this period. Another coin scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unique, as the mixing service 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 less trackable.
Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and similar to 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 multiple addresses. Thus, sender’s money are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler 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. Dividing deposited coins between 5 addresses is also extremely 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 less traceable.
Let’s take a look at another one of the best bitcoin tumblers which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it should be noted 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 easy for a user to manually remove all the logs which are stored 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 mixer only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) continues to be a simple and functional mixing platform. 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 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 sends more than 10 BTC in a week, the mixing service reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should worry security breach as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this tumbler does not have a Letter of Guarantee which makes it difficult to address this coin mixer 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 represented soon. 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 helpful. The tumbler 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 various resources helps the mixing platform to maintain user’s identity undiscovered. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be trustworthy having all transactions unidentified. It is important to choose a crypto mixer wisely, as a sender has no chance to address any authority in case of scams. By all means, handling your deposits online can be risky, however, using scramblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.