As bitcoin is gaining momentum worldwide, digital money holders have become more conscious about the confidentiality of their transactions. Everyone thought that a sender can remain disguised while depositing their digital currencies and it turned out that it is not true. Because of public administration controls, the transactions are detectable which means 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 Bitcoin mixing service.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to blend different parts of it with other coins. In the end a sender gets back an equal quantity of coins, but blended in a completely different set. As a result, there is no way to trace the transaction back to a sender, so one can stay calm that personal identification information is not revealed.
As maybe some of you realize, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks are important for the state to trace back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being traced, it is possible to use accessible cryptocurrency mixing services and secure sender’s personal identity. Many crypto holders do not want to inform everyone the amount they earn or how they spend their money.
There is an opinion among some internet users that using a mixing service is an illegal action itself. It is not completely true. As previously stated, there is a possibility of crypto mixing to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to be concerned. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a crypto holder should be careful while choosing a crypto mixer. Which service can be relied on? How can a crypto holder be certain that a tumbler will not take all the deposited coins? This article is here to reply to these concerns and help every bitcoin holder to make the right decision.
The cryptocurrency mixing services presented above are among the top existing tumblers that were chosen by customers 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 rule, these are important features that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular cryptocurrency. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one feature 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 sent coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. To get a better understanding of crypto mixers, it is necessary to review each of them independently.
Blender has a clear 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 extra 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 new crypto coins are not mixed with prior 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 platfrom is remarkable 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 cryprocurrencies will not be taken. The number of needed 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 sending more than 1000 BTC a user needs to collect 5 confirmations.
To use this platform, a CryptoMixer code needs to be invented. A user should note it, 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 option. A delay time is defined automatically and a user can change it if necessary. A service fee can be also selected from the table depending on the forwarded amount. Each transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the number of coins sent and received after mixing.
Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixers that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one currency and receive them 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 additional address.
One completely unique crypto mixing service is ChipMixer because it is based on the completely different principle comparing to other tumblers. A user does not simply deposit coins to mix, but creates a wallet and funds it with chips from 0.01 BTC to 8.192 BTC which a user can break down 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 prior to the transaction, 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 anonymous and the service itself more affordable. Retention period is 7 days and every user has a chance to manually cleanse all logs prior to this period. Another mixing service Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unusual, as the mixing service requires a request to be sent over Tor or Clearnet and clean coins are obtained from stock exchanges.
It is worth noting that random amounts are sent in two and more transactions to make them less trackable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite typical and similar to the processes on other mixing services. There is a possibility to set a time-delay option 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 secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. 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 every extra address. Splitting deposited coins between 5 addresses is also highly helpful 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 more anonymous.
Let’s represent another one of the top bitcoin mixing services which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 possible for a user to manually remove 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 coin tumbler only.
Being one of the earliest crypto coin mixers, BitBlender (BitBlender) remains a user-friendly 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 controllable by a user.
The mixing itself can be performed and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. Also, if a user sends more than 10 BTC in a week, the mixing service reduces the fee by half. Using 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 an owner of a PGP key with password. However, this mixer does not offer a Letter of Guarantee which makes it difficult to address this coin scrambler in case of scams.
And last but not least, there is a mixing service with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This tumbler offers a very friendly 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 incredibly useful. The mixer gives 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 various resources helps the crypto mixer to maintain user’s personal information incognito. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency mixers presented 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 chance to address any governmental structure in case of scams. By all means, handling your deposits online can be unsafe, however, using mixing platforms that are listed in the article will help every user to minimize risks and be sure of success of the transaction.