As digital currency is spinning up around the world, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone used to believe that a crypto user can remain unidentified while depositing their digital currencies and it turned out that it is untrue. On account of the implementation of government policies, the transactions are identifiable which means that a user’s e-mail 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 crypto tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy 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 non-identical set. As a result, it is impossible 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 are aware, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces play an important role for the state to track back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use available cryptocurrency tumbling services and secure sender’s identity. Many crypto owners do not want to let everybody know the amount they earn or how they spend their money.
There is an opinion among some web surfers that using a tumbler is an criminal action itself. It is not entirely 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 cryptocurrency owners to mix their coins.
However, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which service can be relied on? How can a crypto holder be certain that a mixer will not steal 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 top existing mixers that were chosen by clients 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 rule, these are critical aspects that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to mix coins between the currencies which makes transactions far less traceable.
There is one option that is not represented 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 forwarded coins and the outgoing transaction. In most cases, users can set the time of delay on their own 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 separately.
Blender has a easy 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 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 assures that fresh crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to make sure that users can get to the scrambler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing service 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 service and their coins will not be stolen. The number of needed confirmations depends 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 possible 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 defined automatically and a user can change it if needed. A service fee can be also selected from the table depending on the deposited sum. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the amount of crypto money sent and received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin tumblers that has ever existed. 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 deposit one currency and receive them 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 extra address.
One absolutely unique crypto mixer is ChipMixer because it is based on the completely another idea comparing to other mixers. A user does not simply deposit coins to mix, 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 send coins to process. As the chips are sent to the mixing platform in advance, following transactions are nowhere to be found and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixer: it applies “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 affordable. Retention period is 7 days and each sender has a chance to manually clear 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 charged. The process of getting clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.
it is noteworthy that random amounts are sent in two and more transactions to make them less trackable.
Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and identical with the processes on other mixers. There is a possibility to set a time-delay option up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to several addresses. Thus, sender’s money are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is on the list because it works fast and it is trusty. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be added for each additional address. Splitting 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 less traceable.
Let’s represent another one of the best bitcoin mixers which is extremely 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 possible 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 earliest crypto coin mixers, BitBlender (BitBlender) continues to be a simple 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 controllable by a user.
The mixing itself is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user deposits more than 10 BTC in a week, the mixing service reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner should be afraid of security breach 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 offer a Letter of Guarantee which makes it difficult to address this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This mixer 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 provides 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 different 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 tumblers introduced in the article are reported to be reliable having all transactions nameless. It is important to pick 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 coin tumblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.