Since cybercash is spinning up across the globe, digital money holders have become more conscious about the anonymity of their purchases. Everyone thought that a sender can remain unidentified while depositing their coins and it turned out that it is untrue. Because of 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 worried, there is an answer to such public administration controls and it is a Bitcoin scrambler.
To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to mix several parts of it with other coins. After all a user gets back an equal quantity of coins, but mixed up in a completely different set. Therefore, there is no possibility to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is embed in the blockchain and it leaves marks. These marks are important for the authorities to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being traced, it is possible to use available cryptocurrency tumbling services and secure sender’s identity. Many digital currency holders do not want to let everybody know how much they earn or how they spend their money.
There is an opinion among some web users that using a mixer is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of cryptocurrency mixing 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 cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be relied on? How can one be certain that a scrambler will not take all the deposited coins? This article is here to answer these questions and assist every crypto owner to make the right choice.
The cryptocurrency mixing services presented above are among the top existing mixers that were chosen by customers and are highly recommended. Let’s look closely at the listed mixers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are essential features that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there is a couple of crypto mixing platforms that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to blend 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 outcoming 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 essential to review each of them independently.
Blender has a straightforward interface, it is convenient 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 mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to ensure that senders can get to the tumbler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is noteworthy 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 deposits will not be taken. The number of needed confirmations differs depending on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of depositing more than 1000 BTC a user needs to gather 5 confirmations.
To use this crypto tumbler, 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 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 modify it if necessary. A service fee can be also selected from the table depending on the sent sum. Each transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the amount of crypto money 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 tumbler supports not only the most popular cryptocurrency, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to send one currency and get them back in another currency. This process even increases user’s anonymity. Time-delay feature helps to make 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 special crypto mixing service is ChipMixer because it is based on the absolutely different rule comparing to other mixers. A user does not simply deposit coins to clean, but creates a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can split 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, next 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 randomized making transactions even more unidentified and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually clear all logs prior to this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee applied. 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 obtained from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them less trackable.
Another reliable mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and similar to the processes on other mixers. There is a possibility to set a time-delay feature up to 72 hours and a sender has an opportunity to divide the transaction, so the coins are sent to several addresses. Thus, sender’s funds are more protected and undetectable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This tumbler is on the list because it works quickly and it is trusty. The transaction fee is really small, 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 maintaining user’s confidentiality. Every user is able to select an additional option of delaying the payout meaning that the transaction is becoming even more anonymous.
Let’s take a look at another one of the leading bitcoin mixing services which is really user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 issues. There is a time-delay feature, however, it is not possible to be controlled by a user but the mixer only.
Being one of the oldest mixing services, BitBlender (BitBlender) remains a user-friendly and usable 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 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. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should be afraid of security leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this tumbler does not offer a Letter of Guarantee which makes it hard to address this coin scrambler in case of scams.
And last but not least, there is a crypto coin tumbler with many cryptocurrencies to mix named SmartMixer (SmartMixer). For now, 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 control all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is extremely helpful. The platform 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 crypto mixer to keep user’s identity undetected. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented in the article are reported to be reliable having all transactions anonymous. It is important to choose a mixing platform wisely, as a sender has no chance to address any governmental structure in case of scams. By all means, handling your deposits online can be unsafe, however, using coin tumblers that are listed in the article will help every user to reduce risks and be sure of success of the transaction.