As cybercash is gaining momentum around the world, bitcoin holders have become more aware about the anonymity of their transactions. Everyone used to believe that a crypto user can remain disguised while forwarding their digital currencies and it turned out that it is untrue. On account of public administration controls, the transactions are meaning that a user’s electronic address and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cyber money tumbler.
To make it clear, a crypto tumbler is a software program that splits a transaction, so there is an easy way to mix several parts of it with other transactions used. After all a sender gets back the same number of coins, but blended in a non-identical set. Consequently, there is no possibility to track the transaction back to a user, so one can stay calm that identity is not disclosed.
As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks play an important role for the authorities to track back illegal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use available crypto mixers and secure sender’s identity. Many crypto owners do not want to inform everyone the amount they earn or how they use up their money.
There is an opinion among some web users that using a mixer is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of coin blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no reason to worry. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
However, a crypto holder should be careful while choosing a crypto mixer. Which platform can be trusted? How can one be sure that a tumbler will not steal all the deposited digital money? This article is here to answer these concerns and help every crypto owner to make the right decision.
The digital currency mixers presented above are among the best existing tumblers that were chosen by users and are highly recommended. Let’s look closely at the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are essential options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to blend coins between the currencies which makes transactions far less traceable.
There is one feature that is not displayed 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 deposited coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential to consider each of them separately.
Blender has a simple interface, it is intuitive 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 output address. As one of the few, this mixer provides a user with a special mixing code which guarantees that fresh crypto coins are not blended with preceding deposits. Additional URL (Blender) is also here to make sure that senders can get to the mixer, 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 there is no 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 depositing less that 25 BTC there is only 1 confirmation needed, in case of sending more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this crypto mixer, a CryptoMixer code needs to be created. A user should write it down, so it is possible 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 defined automatically and a user can adjust it if necessary. A service fee can be also chosen from the table depending on the sent amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 leading Bitcoin mixing services that has ever appeared. This tumbler supports not only Bitcoins, but also other aforementioned crypto coins. 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 currency. This process even increases user’s anonymity. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One completely extraordinary crypto tumbler is ChipMixer because it is based on the completely different idea comparing to other tumblers. 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 divide according to their wishes. After chips are added to the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service beforehand, next transactions are untraceable and there is no opportunity to connect them with the wallet holder. There is no standard fee for transactions on this platform: it applies “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually clear all logs prior to this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It should be pointed out that random amounts are sent in two and more transactions to make them less traceable.
Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and identical with the processes on other mixing services. There is a possibility to choose a time-delay feature 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 protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This tumbler is listed because it works fast and it is reliable. The transaction fee is really low, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also extremely beneficial for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s represent another one of the leading bitcoin tumblers 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 lowest 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 remove 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 coin tumbler only.
Being one of the oldest crypto coin tumblers, 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 manageable 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 crypto mixer reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner should worry security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this tumbler does not have 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 a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, 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 possibility to have control over all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly useful. The mixer provides 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 keep user’s personal information incognito. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be reliable having all transactions anonymous. It is important to pick a crypto mixer 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 unsafe, however, using scramblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.