As digital currency is gaining momentum worldwide, digital money holders have become more aware about the confidentiality of their affairs. Everyone was of the opinion that a sender can remain incognito while depositing their digital currencies and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are meaning that a user’s electronic address and even personal identification information can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency tumbler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend different parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but mixed up in a non-identical set. As a result, it is impossible to track the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are important for the state to trace back outlawed transactions, such as purchasing guns, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being traced, it is possible to use available bitcoin mixers 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 a belief among some internet users that using a scrambler is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of coin blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no point to be concerned. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a crypto holder should be careful while choosing a crypto mixer. Which platform can be trusted? How can one be certain that a mixing platform will not steal all the deposited digital money? This article is here to reply to these questions and assist every crypto owner to make the right decision.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all aspects on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important aspects that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most common 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 mix coins between the currencies which makes transactions far less trackable.
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 forwarded coins and the outgoing 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 tumblers, it is necessary to review each of them independently.
Blender has a clear 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 output address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which assures that new crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to make certain that users can get to the mixing service, 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 it is clearly that users can trust this mixing platform and their cryprocurrencies will not be taken. The number of needed confirmations differs depending on the number of deposited coins, 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 note it, so it is easy 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 feature. A delay time is determined automatically and a user can change it if necessary. A service fee can be also chosen from the table depending on the forwarded 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 got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin tumblers that has ever appeared. This scrambler supports not only the most popular cryptocurrency, but also other aforementioned 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 currency. This process even increases user’s confidentiality. 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 additional address.
One totally extraordinary crypto mixer is ChipMixer because it is based on the absolutely another idea 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 break down 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 platform beforehand, 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 platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and every user 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 unique, as the tumbler requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
it is noteworthy that random amounts are sent in two and more transactions to make them less traceable.
Another trustworthy tumbler 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 platforms. 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 funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is on the list because it works quickly and it is trusty. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be sent 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 payment meaning that the transaction is becoming even more anonymous.
Let’s represent another one of the top bitcoin tumblers which is really easy to use. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 future 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 crypto coin tumblers, BitBlender (BitBlender) continues to be a user-friendly 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 less traceable. 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 worry security problems as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it challenging to address this tumbler in case of scams.
And last but not least, there is a mixing service with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented in future. This mixer offers a very easy-to-use user-interface, as well as the opportunity 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 extremely useful. 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 various resources helps the crypto mixer to keep user’s personal information undiscovered. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be trusty having all transactions unidentified. It is important to pick a crypto tumbler wisely, as a sender has no chance to address any authority in case of scams. Of course, processing your deposits online can be risky, however, using scramblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.