As digital currency is gaining momentum worldwide, bitcoin holders have become more aware about the anonymity of their affairs. Everyone thought that a crypto user can remain disguised while forwarding their digital currencies and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are traceable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a crypto tumbler is a program that splits 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 mixed up in a non-identical set. As a result, there is no way to trace the transaction back to a user, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These traces play an important role for the state to trace back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any illegal 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 holders do not want to let everybody know the amount they gain or how they use up their money.
There is an opinion among some internet users that using a tumbler is an illegal action itself. It is not entirely true. As previously stated, there is a possibility of cryptocurrency blending to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no need to be concerned. There are many platforms that are here for bitcoin holders to tumbler their coins.
Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which platform can be relied on? How can a crypto holder be sure that a scrambler will not take all the deposited digital money? This article is here to answer these concerns and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by clients and are highly recommended. Let’s look into 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 policy, these are essential features 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 cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to mix coins between the currencies which makes transactions far less traceable.
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 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 tumblers, it is necessary to consider each of them separately.
Blender has a easy interface, it is easy to use and simple. Time-delay option can be set up to 24 hours. With regard to the fee, there is an extra fee of 0.0005 % per outgoing 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 guarantee that users can get to the mixing service, 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 without a doubt that users can trust this mixing platform and their coins will not be taken. The number of required 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 easy 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 adjust it if needed. A service fee can be also selected from the table depending on the sent sum. Every transaction requires additional 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 leading Bitcoin mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this platform allows a user to interchange 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 confidentiality. Time-delay feature makes a transaction untraceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.
One absolutely extraordinary crypto tumbler is ChipMixer because it is based on the absolutely another rule comparing to other tumblers. A user does not simply 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 divide according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this platform: 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 cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them less trackable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite typical and similar to the processes on other platforms. It is possible to choose a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to several addresses. Thus, sender’s money are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This mixer 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 very helpful for keeping user’s anonymity. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the leading bitcoin mixing services which is incredibly easy to use. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 delete 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 mixing service only.
Being one of the oldest crypto coin mixers, BitBlender (BitBlender) continues to be a user-friendly and functional mixing platform. It is possible to have two accounts, with and without registration. The difference is that the one without registration is less manageable by a user.
The mixing itself 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 be afraid of security leak as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this mixer does not have a Letter of Guarantee which makes it hard to turn to this coin mixer in case of scams.
And last but not least, there is a crypto coin tumbler with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This platform offers a very easy-to-use user-interface, as well as the possibility to have control over all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is very useful. 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 many resources helps the crypto tumbler to maintain user’s identity incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be reliable having all transactions nameless. It is important to choose a crypto tumbler wisely, as a sender has no opportunity to address any governmental structure in case of scams. Of course, processing your deposits online can be unsafe, 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.