As bitcoin is gaining momentum worldwide, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone used to believe that a crypto user can remain disguised while depositing their digital currencies and it came to light that it is untrue. Because of the implementation of government policies, the transactions are meaning that a sender’s electronic address and even identity can be revealed. But don’t be alarmed, 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 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. As a result, it is impossible 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 are aware, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves marks. These marks are essential for the state to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use accessible bitcoin mixers and secure sender’s identity. Many bitcoin owners do not want to inform everyone the amount they gain or how they spend their money.
There is a belief among some web users that using a mixer is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of coin blending to become illegal, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for cryptocurrency owners to mix their coins.
However, a crypto holder should pay attention while choosing a crypto mixer. Which platform can be relied on? How can a crypto holder be certain that a tumbler will not steal all the deposited coins? This article is here to reply to these concerns and assist every crypto owner to make the right choice.
The crypto scramblers presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s look closely at the listed coin tumblers and explain all options on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are essential aspects that should not be overlooked. Most of the mixers are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some mixing services also allow to combine coins between the currencies which makes transactions far less trackable.
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 stay incognito, 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 a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to review each of them separately.
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 additional fee of 0.0005 % per output address. As one of the few, this cryptocurrency tumbler provides a user with a special mixing code which guarantees that fresh crypto coins are not blended 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 available.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This tumbler 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 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 required, in case of depositing more than 1000 BTC a user needs to collect 5 confirmations.
To use this crypto tumbler, 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 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 chosen from the table depending on the deposited sum. Every transaction requires additional 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 mixers that has ever appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this platform allows a user to interchange the coins, in other words to deposit one type of coins and receive them in another currency. This process even increases user’s confidentiality. 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 special crypto mixing service is ChipMixer because it is based on the completely different idea comparing to other mixers. A user does not just deposit coins to clean, but makes 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 deposit coins to process. As the chips are sent to the mixing service in advance, next transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no standard fee for transactions on this mixing service: it uses “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 cost-effective. Retention period is 7 days and every user has a chance to manually clear all logs before the end of this period. Another coin scrambler Mixtum offers you a so-called free trial period what means that there are no service or transaction fee charged. The process of getting renewed coins is also quite unique, as the mixing service 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 amounts are sent in two and more transactions to make them untraceable.
Another trustworthy tumbler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and similar to 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 funds are sent to several addresses. Thus, sender’s funds are more protected and untraceable.
Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is listed because it works fast 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. Dividing deposited coins between 5 addresses is also greatly beneficial 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 tumblers which is extremely easy to use. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it should be noted 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 stored 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 coin tumbler only.
Being one of the earliest mixing services, BitBlender (BitBlender) remains a simple and usable crypto coin tumbler. It is possible 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 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. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should be afraid of security breach as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this service does not have a Letter of Guarantee which makes it hard to turn to this tumbler in case of scams.
And last but not least, there is a crypto coin tumbler with several cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added in future. This mixer offers a very easy-to-use user-interface, as well as the opportunity to control all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is extremely 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 different resources helps the crypto tumbler to keep user’s personal information undiscovered. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be trustworthy 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, processing your deposits online can be unsafe, however, using mixing platforms that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.