Since bitcoin is spinning up around the world, bitcoin holders have become more aware about the confidentiality of their purchases. Everyone used to believe that a crypto user can remain unidentified while depositing their coins and it came to light that it is untrue. Owing to the implementation of government policies, the transactions are traceable meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a cryptocurrency scrambler.
To make it clear, a cryptocurrency mixing service is a software program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. In the end a user gets back an equal quantity of coins, but blended in a non-identical set. As a result, there is no possibility to track the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you know, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves traces. These traces are essential for the government to trace back criminal transactions, such as buying weapon, 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 accessible crypto tumbling services and secure sender’s identity. Many crypto owners do not want to let everybody know how much they earn or how they use up their money.
There is a belief among some internet users that using a mixing service is an criminal action itself. It is not entirely true. As previously stated, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no need to worry. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a crypto holder should be careful while picking a bitcoin tumbler. Which service can be trusted? How can one be certain that a mixing platform will not take all the sent digital money? 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 leading existing scramblers that were chosen by customers and are highly recommended. Let’s look into the listed coin tumblers and describe all features on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration rule, these are important options that should not be disregarded. Most of the mixers are used to mix only Bitcoins as the most regular 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 blend coins between the currencies which makes transactions far less traceable.
There is one option 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 forwarded coins and the outgoing 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 tumblers, it is necessary to consider each of them separately.
Blender has a simple interface, it is intuitive to use and uncomplicated. 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 mixed with previous deposits. Additional URL (Blender) is also here to make certain that senders 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 service is notable 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 cryprocurrencies will not be taken. The number of needed confirmations depends on the deposited amount, e.g. for depositing less that 25 BTC there is only 1 confirmation needed, in case of depositing more than 1000 BTC a user needs to collect 5 confirmations.
To operate on this platform, a CryptoMixer code needs to be invented. A user should write it down, so it is easy to use it next time. After providing a CryptoMixer code, users need to provide the output address or several of them and then set a time-delay feature. A delay time is determined automatically and a user can adjust it if necessary. A service fee can be also chosen from the table depending on the forwarded sum. 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 leading Bitcoin mixing services that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to swap 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 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 totally unique crypto mixer is ChipMixer because it is based on the absolutely another rule comparing to other tumblers. 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 owner can forward coins to process. As the chips are sent to the mixing platform in advance, following transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this platform: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more incognito and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually cleanse 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 applied. 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 gained from stock exchanges.
It should be pointed out that random sums are sent in two and more transactions to make them untraceable.
Another trustworthy mixing platform 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 tumblers. There is a possibility to set a time-delay feature up to 72 hours and a sender has an opportunity to split 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 mixer is on the list because it works quickly and it is reliable. 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 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 represent another one of the leading bitcoin tumblers which is extremely easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 easy for a user to manually remove all the logs which are saved for this period because of any possible 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 oldest mixing services, BitBlender (BitBlender) continues to be a simple and functional mixing platform. 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 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 crypto mixer reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should worry security breach 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 address this coin scrambler in case of scams.
And last but not least, there is a platform with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This platform offers a very friendly user-interface, as well as the possibility to control all phases of the mixing process. A user can set up a delay not just by hours, but by the minute which is extremely 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 crypto mixer to keep user’s identity undiscovered. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers presented in the article are reported to be trusty having all transactions unidentified. It is important to pick a mixing platform wisely, as a sender has no chance to address any governmental structure in case of scams. Of course, processing your deposits online can be unsafe, however, using scramblers that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.