Since digital money is spinning up around the world, digital money holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a crypto user can remain disguised while forwarding their digital currencies and it turned out that it is not true. Because of the implementation of government policies, the transactions are traceable meaning that a user’s e-mail and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a program that splits a transaction, so there is an easy way to blend several parts of it with other coins. In the end a user gets back the same number of coins, but mixed up in a non-identical set. Therefore, there is no possibility to track 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 carved in the blockchain and it leaves traces. These marks are essential for the authorities to track back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use available bitcoin tumbling services and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know how much they gain or how they use up 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 previously stated, there is a possibility of crypto blending to become unlawful, 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 bitcoin holders to mix their coins.
Nevertheless, a digital currency owner should be careful while picking a digital currency scrambler. Which platform can be trusted? How can one be sure that a tumbler will not steal all the deposited digital money? This article is here to reply to these concerns and help every bitcoin holder to make the right choice.
The crypto scramblers presented above are among the leading existing mixers that were chosen by clients and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all aspects 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 platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to mix coins between the currencies which makes transactions far less identifiable.
There is one feature 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 on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to consider each of them separately.
Blender has a easy 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 outgoing address. As one of the few, this mixer provides a user with a special mixing code which guarantees that new crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to ensure that users 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 there is no doubt that users can trust this mixing service and their deposits will not be taken. The number of needed confirmations differs depending on the deposited amount, e.g. for sending 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 crypto mixer, a CryptoMixer code needs to be invented. A user should write it down, so it is possible 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 option. A delay time is determined automatically and a user can change it if necessary. A service fee can be also selected from the table depending on the deposited amount. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand 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 mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s anonymity. 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 additional address.
One completely special crypto mixing service is ChipMixer because it is based on the totally another idea comparing to other mixers. A user does not merely deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can break down according to their wishes. After chips are added to 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 tumbler: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user 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 what means 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 renewed coins are obtained from stock exchanges.
it is noteworthy that random amounts are sent in two and more transactions to make them less identifiable.
Another reliable tumbler 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 mixing services. It is possible to set a time-delay feature up to 72 hours and a sender has an opportunity to divide the transaction, so the coins are sent to multiple addresses. Thus, sender’s funds are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is on the list because it works fast and it is trusty. The transaction fee is really low, only the amount of 0.0001 BTC needs to be sent for every extra address. Dividing deposited coins between 5 addresses is also greatly beneficial for maintaining user’s confidentiality. 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 use. 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 possible for a user to manually remove all the logs which are stored 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 coin tumbler only.
Being one of the oldest 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 can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. Also, if a user deposits 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 sender should worry security leak 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 have a Letter of Guarantee which makes it hard to turn to this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This mixer offers a very easy-to-use user-interface, as well as the possibility to have control over all phases of the mixing process. A user can set up a delay not just by hours, but by the minute which is very helpful. The mixer gives 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 crypto mixer to maintain user’s personal information undiscovered. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be reliable having all transactions anonymous. It is important to pick 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 reduce risks and be sure of success of the transaction.