Since digital currency is gaining momentum around the world, bitcoin holders have become more conscious about the confidentiality of their affairs. Everyone thought that a crypto user can remain disguised while depositing their digital currencies and it turned out that it is untrue. Owing to public administration controls, the transactions are identifiable meaning that a sender’s e-mail and even identity can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a cyber money scrambler.
To make it clear, a cryptocurrency mixing service is a program that breaks up a transaction, so there is an easy way to mix different parts of it with other coins. In the end a user gets back the same number of coins, but blended in a completely different set. Consequently, there is no possibility to trace the transaction back to a sender, so one can stay calm that identity is not disclosed.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These marks play an important role for the state to trace 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 accessible bitcoin mixers and secure sender’s personal identity. Many bitcoin holders do not want to inform everyone the amount they gain or how they spend their money.
There is an opinion among some internet users that using a mixer is an illegal action itself. It is not completely true. As previously stated, there is a possibility of coin mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no point to worry. There are many platforms that are here for cryptocurrency owners to mix their coins.
Nevertheless, a digital currency owner should be careful while picking a bitcoin tumbler. Which platform can be trusted? How can one be sure that a tumbler will not steal all the sent coins? This article is here to reply to these questions and help every bitcoin holder to make the right decision.
The crypto scramblers presented above are among the top existing scramblers that were chosen by clients and are highly recommended. Let’s look into the listed mixers and explain all options on which attention should be focused.
Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical options that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. 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 tumblers 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 remain anonymous, 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 several days or even hours and minutes. For better understanding of crypto mixers, it is essential to review each of them independently.
Blender has a easy interface, it is easy 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 outgoing address. As one of the few, this mixer provides a user with a special mixing code which assures that new crypto coins are not mixed with preceding 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 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 service and their deposits will not be taken. The number of required confirmations differs depending on the number of deposited coins, 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 entering 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 modify it if necessary. A service fee can be also chosen from the table depending on the forwarded amount. Each 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 got back after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixers that has ever existed. This mixer 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 receive them in another currency. This process even increases user’s anonymity. Time-delay feature helps to make 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 completely extraordinary crypto mixing service is ChipMixer because it is based on the completely another rule comparing to other mixers. A user does not just 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 deposit coins to process. As the chips are sent to the mixing service in advance, 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 applies “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more anonymous and the service itself more affordable. Retention period is 7 days and every user has a chance to manually clear all logs before the end of this period. Another mixing platform 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 unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.
It is worth noting that random sums are sent in two and more transactions to make them untraceable.
Another reliable mixing platform 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. It is possible 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 secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is listed because it works quickly and it is reliable. The transaction fee is quite low, only the amount of 0.0001 BTC needs to be added for each additional address. Splitting deposited coins between 5 addresses is also very beneficial for keeping user’s anonymity. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even less traceable.
Let’s take a look at another one of the best bitcoin tumblers which is really easy to use. Bitcoin Laundry (Bitcoin Laundry) has a straightforward interface and it is worth mentioning 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 easy for a user to manually remove all the logs which are saved for this period because of any possible transaction-related issues. 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 crypto coin tumblers, BitBlender (BitBlender) remains a simple and functional crypto coin tumbler. 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 itself is realizable 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 platform 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 leak as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it hard to turn to this coin mixer in case of scams.
And last but not least, there is a crypto coin tumbler with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This platform offers a very easy-to-use user-interface, as well as the possibility to control all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly helpful. The tumbler gives the opportunity to use a calculator to understand the amount of money 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 different resources helps the crypto mixer to keep user’s personal information undetected. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers presented in the article are reported to be trusty having all transactions nameless. It is important to choose a crypto tumbler wisely, as a sender has no opportunity to address any authority in case of scams. Of course, processing your deposits online can be risky, 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.
Cryptocurrency tumbler or cryptocurrency mixing service wiki Wikipedia