Since bitcoin is gaining momentum around the world, digital money holders have become more conscious about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain unidentified while forwarding their digital currencies and it came to light that it is not true. Owing to public administration controls, the transactions are detectable meaning that a user’s e-mail and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is a straightforward way to blend different parts of it with other coins. In the end a sender gets back the same number of coins, but mixed up in a completely different set. Consequently, it is impossible to trace 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 no different, is imprinted in the blockchain and it leaves traces. These traces are important for the state to track back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any illegal activity and still wants to avoid being tracked, it is possible to use available crypto tumblers and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they earn or how they use up their money.
There is a belief among some web users that using a mixer is an illegal action itself. It is not completely true. As outlined above, there is a possibility of coin mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many platforms that are here for bitcoin holders to mix their coins.
Nevertheless, a digital currency owner should be careful while picking a bitcoin tumbler. Which service can be trusted? How can a crypto holder be sure that a scrambler will not take all the sent coins? This article is here to reply to these questions and help every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the leading existing mixers that were chosen by customers and are highly recommended. Let’s look closely at the listed mixers and explain all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular digital money. 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 opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less identifiable.
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 remain anonymous, as there is a gap between the sent coins and the outgoing 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 necessary to consider each of them independently.
Blender has a clear interface, it is intuitive 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 guarantees that fresh crypto coins are not blended with preceding deposits. Additional URL (Blender) is also here to ensure that users can get to the mixer, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This tumbler is remarkable 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 deposits will not be stolen. The number of required confirmations depends on the deposited amount, e.g. for depositing less that 25 BTC there is only 1 confirmation required, in case of sending more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this crypto mixer, 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 modify it if necessary. A service fee can be also chosen from the table depending on the deposited sum. Each transaction requires additional 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 leading Bitcoin mixers that has ever existed. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to deposit one currency and receive them in another type of coins. This process even increases user’s anonymity. Time-delay feature helps to make 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 special crypto mixer is ChipMixer because it is based on the completely another rule comparing to other tumblers. A user does not merely 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 break down according to their wishes. After chips are added to the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing service in advance, following transactions are nowhere to be found and there is no opportunity 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 randomized making transactions even more incognito and the service itself more affordable. Retention period is 7 days and every user has an opportunity to manually cleanse all logs before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It is worth noting that random sums are sent in two and more transactions to make them less identifiable.
Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively standard and similar to the processes on other tumblers. 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 funds are sent to multiple addresses. Thus, sender’s money are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This scrambler is listed because it works quickly 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. Dividing deposited coins between 5 addresses is also highly beneficial for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the leading bitcoin mixers which is extremely easy to use. 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 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 mixing service only.
Being one of the earliest crypto coin tumblers, BitBlender (BitBlender) continues to be a user-friendly and functional crypto coin mixer. There is a possibility to have two accounts, with and without registration. The difference is that the one without registration is less manageable by a user.
The mixing process is realizable 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. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder 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 turn to this tumbler 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 platform offers a very simple user-interface, as well as the opportunity to have control over all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is extremely 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 different resources helps the mixing platform to keep user’s identity incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be reliable having all transactions nameless. It is important to choose a crypto mixer wisely, as a sender has no opportunity to turn to any authority in case of scams. By all means, processing your deposits online can be risky, however, using scramblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.