Since bitcoin is gaining momentum around the world, digital money holders have become more aware about the confidentiality of their purchases. Everyone thought that a crypto user can remain unidentified while depositing their digital currencies and it turned out that it is untrue. On account of the implementation of government policies, the transactions are traceable which means that a user’s e-mail and even identity can be revealed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency mixing service.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but blended in a completely different set. As a result, there is no possibility to trace the transaction back to a sender, so one can stay calm that identity is not uncovered.
As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks are important for the authorities to trace back criminal transactions, such as purchasing guns, 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 cryptocurrency mixers and secure sender’s personal identity. Many bitcoin 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 mixing service is an criminal action itself. It is not completely true. As previously stated, there is a possibility of crypto mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no need to be concerned. There are many services that are here for bitcoin holders to blend their coins.
However, a crypto holder should pay attention while choosing a crypto mixer. Which service can be relied on? How can one be certain that a mixer will not take all the sent digital money? This article is here to answer these questions and help every bitcoin holder to make the right choice.
The cryptocurrency mixing services presented above are among the best existing tumblers 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 mixers from the table support no-logs and no-registration policy, these are essential options that should not be disregarded. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one option that is not represented 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 tumblers, it is necessary to review each of them separately.
Blender has a simple 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 mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to guarantee that users can get to the scrambler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing service 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 cryprocurrencies 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 needed, in case of sending more than 1000 BTC a user needs to collect 5 confirmations.
To use this crypto mixer, a CryptoMixer code needs to be invented. A user should write it down, 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 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. Every transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see the amount of crypto money sent and received 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 tumbler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to send one type of coins and receive them in another type of coins. 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 totally unique crypto tumbler is ChipMixer because it is based on the completely different idea comparing to other tumblers. A user does not simply 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 holder can deposit coins to process. As the chips are sent to the mixing platform beforehand, following transactions are nowhere to be found and there is no opportunity 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 incognito and the service itself more cost-effective. Retention period is 7 days and every user has an opportunity to manually cleanse 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 clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
It should be pointed out that random amounts 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 quite standard and identical with the processes on other mixers. It is possible to choose a time-delay feature 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 scrambler. 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 sent for every extra address. Splitting deposited coins between 5 addresses is also extremely helpful for keeping user’s anonymity. 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 extremely 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 stored for this period because of any future transaction-related issues. 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 mixing services, BitBlender (BitBlender) continues to be a easy-to-use and functional crypto coin tumbler. 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 itself is realizable 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 crypto mixer reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner 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 mixing platform 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 platform with many cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added soon. This tumbler offers a very easy-to-use user-interface, as well as the opportunity to control all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is extremely helpful. The platform gives the opportunity to use a calculator to understand the amount of money 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 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 trustworthy having all transactions unidentified. It is important to choose a crypto tumbler wisely, as a sender has no chance to address any authority in case of scams. Of course, handling your deposits online can be risky, however, using mixing platforms that are listed in the article will help every user to minimize risks and be sure of success of the transaction.