Since bitcoin is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain unidentified while depositing their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are which means that a sender’s electronic address and even identity can be revealed. But don’t be worried, 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 a straightforward way to mix several parts of it with other coins. After all a sender gets back an equal quantity of coins, but blended in a completely different set. Therefore, there is no possibility to trace the transaction back to a sender, so one can stay calm that identity is not revealed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is carved in the blockchain and it leaves traces. These traces are essential for the state to trace back outlawed 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 cryptocurrency mixing services and secure sender’s personal identity. Many crypto holders do not want to let everybody know the amount they gain or how they spend their money.
There is a belief among some web users that using a mixing service is an illegal action itself. It is not completely true. As previously stated, there is a possibility of cryptocurrency mixing to become illegal, 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 mix their coins.
Nevertheless, a digital currency owner should be careful while choosing a digital currency scrambler. Which platform can be trusted? How can a crypto holder be sure that a mixing platform will not take all the sent coins? This article is here to reply to these concerns and assist every crypto owner to make the right decision.
The digital currency mixers presented above are among the best 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 options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, 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 coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to combine coins between the currencies which makes transactions far less trackable.
There is one option 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 on their own and it can be several days or even hours and minutes. To get a better understanding of crypto mixers, it is essential to consider each of them independently.
Blender has a straightforward 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 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 blended with previous deposits. Additional URL (Blender) is also here to make certain that senders can get to the tumbler, even if the main link is not working.
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 it is clearly that users can trust this mixing platform and their deposits will not be taken. The number of needed confirmations depends on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of depositing more than 1000 BTC a user needs to gather 5 confirmations.
To use this crypto tumbler, a CryptoMixer code needs to be created. A user should note it, so it is possible to use it next time. After providing 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 change it if necessary. A service fee can be also selected from the table depending on the deposited amount. Each 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 got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to send one currency 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 completely extraordinary crypto tumbler is ChipMixer because it is based on the absolutely different idea comparing to other tumblers. 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 included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, following transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually cleanse all logs before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean 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 less trackable.
Another trustworthy tumbler 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 mixing services. It is possible to choose a time-delay option 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 money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. 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 added for every extra address. Splitting deposited coins between 5 addresses is also very helpful for maintaining user’s confidentiality. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even more anonymous.
Let’s take a look at another one of the top bitcoin tumblers which is incredibly user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly interface and it should be noted 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 possible for a user to manually delete 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 platform only.
Being one of the oldest mixing services, BitBlender (BitBlender) remains a easy-to-use and usable 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 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 sender should be afraid of security leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixing platform does not have a Letter of Guarantee which makes it challenging to address this tumbler in case of scams.
And last but not least, there is a platform with many cryptocurrencies to tumbler 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 select a delay not just by hours, but by the minute which is very helpful. The tumbler 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 mixing platform to maintain user’s personal information incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be reliable having all transactions nameless. It is important to pick a mixing platform wisely, as a sender has no opportunity to turn to any authority in case of scams. Of course, handling 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.