As digital money is spinning up worldwide, digital money holders have become more conscious about the confidentiality of their purchases. Everyone was of the opinion that a sender can remain disguised while depositing their digital currencies and it came to light that it is not true. On account of public administration controls, the transactions are traceable meaning that a sender’s e-mail and even identity can be revealed. But don’t be frightened, 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 program that breaks up a transaction, so there is a straightforward way to mix 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. Therefore, 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 know, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These marks are important for the authorities to track back criminal transactions, such as buying weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use accessible crypto mixing services and secure sender’s identity. Many bitcoin owners do not want to inform everyone the amount they earn or how they spend their money.
There is a belief among some web users that using a scrambler is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of coin mixing to become illegal, if it is used to hide user’s criminal activity, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to tumbler their coins.
However, a digital currency owner should pay attention while picking a digital currency scrambler. Which service can be relied on? How can one be certain that a mixing platform will not take all the sent coins? This article is here to answer these questions and assist every bitcoin holder to make the right decision.
The digital currency mixers presented above are among the best existing mixers that were chosen by users and are highly recommended. Let’s look into the listed crypto mixers and explain all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are important features that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most common 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 opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less trackable.
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 forwarded 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. For better understanding of crypto mixers, it is necessary to review each of them independently.
Blender has a straightforward 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 extra 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 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 tumbler 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 platform and their cryprocurrencies will not be stolen. 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 depositing more than 1000 BTC a user needs to gather 5 confirmations.
To use this platform, a CryptoMixer code needs to be created. A user should note it, so it is easy to use it next time. After providing a CryptoMixer code, users need to enter the output address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can adjust 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 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 mixers that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform allows a user to interchange the coins, in other words to send one type of coins and get them back 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 extra address.
One totally special crypto tumbler is ChipMixer because it is based on the totally different principle comparing to other tumblers. A user does not just 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 divide according to their wishes. After chips are included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing service in advance, next transactions are nowhere to be found and it is not possible to connect them with the wallet owner. There is no usual fee for transactions on this mixing service: 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 every user has an opportunity to manually cleanse all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unique, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are gained from stock exchanges.
it is noteworthy that random amounts are sent in two and more transactions to make them less traceable.
Another reliable tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is quite typical and identical with the processes on other mixing services. There is a possibility to choose a time-delay option 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 money are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler is listed because it works fast and it is trusty. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be sent for each additional 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 payment meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the leading bitcoin tumblers which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 delete all the logs which are saved for this period because of any future 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 oldest mixing services, BitBlender (BitBlender) continues to be a simple and usable mixing platform. 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 process 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 mixing service reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should be afraid of security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this mixer does not have a Letter of Guarantee which makes it hard to address this tumbler in case of scams.
And last but not least, there is a coin mixer with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This platform offers a very friendly user-interface, as well as the opportunity 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 extremely useful. The tumbler provides 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 many 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 mixers introduced in the article are reported to be reliable having all transactions anonymous. It is important to choose a crypto tumbler wisely, as a sender has no opportunity to turn to any governmental structure in case of scams. By all means, handling your deposits online can be risky, however, using mixing platforms that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.