As cybercash is gaining momentum around the world, digital money holders have become more conscious about the confidentiality of their transactions. Everyone thought that a sender can remain incognito while depositing their digital currencies and it came to light that it is not true. Owing to public administration controls, the transactions are traceable which means that a sender’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money 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 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. Consequently, it is impossible to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks play an important role for the government to trace back outlawed 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 personal identity. Many bitcoin owners do not want to let everybody know how much they gain 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 outlined above, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no reason to worry. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, 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 steal all the deposited coins? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the best existing scramblers that were chosen by users and are highly recommended. Let’s look closely at the listed crypto mixers and explain all options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are important 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 mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to blend coins between the currencies which makes transactions far less trackable.
There is one feature that is not represented in the above table and it is time-delay. This option 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 mixers, it is necessary to consider each of them separately.
Blender has a easy interface, it is intuitive to use and straightforward. Time-delay option can be set up to 24 hours. With regard to the fee, there is an extra fee of 0.0005 % per output 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 mixed with prior deposits. Additional URL (Blender) is also here to guarantee that senders can get to the mixer, even if the main link is not available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing service is notable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is without a doubt that users can trust this mixing platform 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 needed, 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 invented. A user should note it, so it is easy to use it next time. After entering a CryptoMixer code, users need to enter the outgoing address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the sent amount. 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 best Bitcoin mixers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to deposit one currency and get them back in another currency. This process even increases user’s anonymity. Time-delay feature makes a transaction hardly traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely special crypto mixer is ChipMixer because it is based on the absolutely different idea comparing to other tumblers. 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 split 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 platform beforehand, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this mixing service: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually clear all logs before the end of this period. Another mixing service 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 unique, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
it is noteworthy that random sums are sent in two and more transactions to make them less trackable.
Another trustworthy mixer 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 mixers. 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 coins are sent to several addresses. Thus, sender’s money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler is listed because it works quickly and it is reliable. The transaction fee is really low, only the amount of 0.0001 BTC needs to be added for every extra address. Splitting deposited coins between 5 addresses is also extremely helpful for maintaining user’s confidentiality. Every user is able to choose 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 operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 possible 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 earliest crypto coin tumblers, BitBlender (BitBlender) continues to be 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 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 more anonymous. Also, if a user sends more than 10 BTC in a week, the platform reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should worry security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this service does not have a Letter of Guarantee which makes it difficult to address this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with several cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added 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 very useful. The tumbler gives the opportunity to use a calculator to understand the amount of funds 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 crypto mixer to maintain user’s identity undiscovered. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be trustworthy having all transactions nameless. It is important to choose a crypto mixer 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 coin tumblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.