CryptoMixer

As cybercash is spinning up around the world, digital money holders have become more conscious about the anonymity of their affairs. Everyone was of the opinion 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 which means that a user’s electronic address and even identity can be disclosed. But don’t be worried, there is an answer to such public administration controls and it is a Bitcoin scrambler.

To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other transactions used. After all a user gets back an equal quantity of coins, but blended in a non-identical set. As a result, it is impossible to track the transaction back to a user, so one can stay calm that identity is not uncovered.

As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These traces are important for the state to trace back criminal transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any criminal activity and still wants to avoid being tracked, it is possible to use available cryptocurrency mixing services and secure sender’s personal identity. Many bitcoin holders do not want to inform everyone the amount they gain or how they use up their money.

There is an opinion among some web users that using a tumbler is an illegal action itself. It is not completely true. As mentioned before, there is a possibility of cryptocurrency mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no reason to be concerned. There are many platforms that are here for bitcoin holders to blend their coins.

However, a digital currency owner should pay attention while picking a crypto mixer. Which platform can be relied on? How can a crypto holder be sure that a mixing platform will not take all the deposited digital money? This article is here to reply to these questions and help every bitcoin holder to make the right decision.

Bitcoin Mixers

Let’s first figure out which features need to be looked at to be certain that a platform user trusts their digital money to a trustworthy platform:

• 1) there is normally a fee which is typically insignificant (around 1-3%).
• 2) no logs are kept. This implies that no record about your online actions is collected. This feature is exceptionally significant.
• 3) various outgoing addresses can be added which help to diversify risks and forward mixed coins to multiple destinations. These addresses are used as a final destination for the sent coins.
• 4) types of cryptocash involved. There are scramblers that allow to mix some other types of digital money except Bitcoin.
• 5) such platforms usually require confirmation, and the least confirmations it requires, the better.
• 6) If a mixer gives you a Letter of Guarantee, it means that you can use it as a confirmation of your participation in the transaction and it keeps safe your digital money in case of swindling. Most of the time it looks like a text file digitally signed using PGP technology. The defined options are crucial to make a decision which crypto tumbler to use. There are some more features that also need to be pointed out and all of them are listed in the below table of the best mixing platforms.

The digital currency mixers presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed crypto mixers and describe all options on which attention should be focused.

Surely all mixers from the table support no-logs and no-registration policy, these are essential options that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services also allow to combine 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 feature 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 on their own and it can be several days or even hours and minutes. For better understanding of crypto tumblers, it is essential to consider each of them independently.

Blender has a straightforward 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 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 blended with prior deposits. Additional URL (Blender) is also here to guarantee that users can get to the scrambler, 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 it is without a doubt that users can trust this mixing service and their deposits will not be stolen. The number of required confirmations differs depending on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation required, in case of sending more than 1000 BTC a user needs to gather 5 confirmations.

To operate on this crypto mixer, a CryptoMixer code needs to be created. A user should note it, so it is possible to use it next time. After providing a CryptoMixer code, users need to enter the outgoing address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can change it if needed. A service fee can be also selected from the table depending on the forwarded amount. 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 received after mixing.

Based on the experience of many users on the Internet, PrivCoin is one of the top Bitcoin mixing services that has ever existed. This scrambler 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 currency. 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 additional address.

One completely extraordinary crypto mixing service is ChipMixer because it is based on the absolutely different idea comparing to other tumblers. A user does not just 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 split 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 in advance, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no usual fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is applied in a random way making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has an opportunity to manually cleanse all logs before the end of 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 tumbler requires a request to be sent over Tor or Clearnet and clean coins are gained 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 standard and identical with the processes on other mixing services. It is possible to choose a time-delay option up to 72 hours and a sender has an opportunity to divide the transaction, so the coins are sent to several 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 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. Splitting deposited coins between 5 addresses is also greatly beneficial for keeping user’s anonymity. Every user is able to select an additional option of delaying the payment meaning that the transaction is becoming even more anonymous.

Let’s take a look at another one of the top bitcoin mixing services which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward 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 delete all the logs which are stored for this period because of any future transaction-related problems. There is a time-delay feature, however, it is not possible to be controlled by a user but the mixing platform only.

Being one of the oldest crypto coin mixers, BitBlender (BitBlender) continues to be a user-friendly and functional mixing platform. 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 process is realizable 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 platform reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should worry security leak as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this mixing platform does not offer a Letter of Guarantee which makes it difficult to turn to this tumbler in case of scams.

And last but not least, there is a coin mixer 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 opportunity to have control over all steps 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 gives 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 mixing platform to keep user’s identity undiscovered. This last mixer does not offer its users a Letter of Guarantee.

All cryptocurrency tumblers introduced in the article are reported to be trustworthy having all transactions unidentified. It is important to pick a mixing platform wisely, as a sender has no opportunity to turn to any authority in case of scams. Of course, processing your deposits online can be unsafe, however, using mixing platforms that are introduced in the article will help every user to reduce risks and be sure of success of the transaction.