CryptoMixer

Since bitcoin is gaining momentum around the world, bitcoin holders have become more aware about the confidentiality of their affairs. Everyone was of the opinion that a sender can remain unidentified while depositing their digital currencies and it turned out that it is not true. Owing to the implementation of government policies, the transactions are identifiable meaning that a sender’s electronic address and even identity can be revealed. But don’t be worried, there is an answer to such public administration controls and it is a crypto scrambler.

To make it clear, a cryptocurrency mixing service is a program that splits 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 mixed up in a non-identical set. Therefore, it is impossible 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 crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These traces 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 illegal activity and still wants to avoid being traced, it is possible to use available crypto tumbling services and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they earn or how they spend their money.

There is an opinion among some internet surfers that using a mixer is an criminal action itself. It is not entirely correct. As outlined above, there is a possibility of crypto mixing to become unlawful, if it is used to hide user’s criminal activity, otherwise, there is no need to be concerned. There are many services that are here for cryptocurrency owners to blend their coins.

Nevertheless, a crypto holder should be careful while choosing a bitcoin tumbler. Which service can be relied on? How can a crypto holder be certain that a scrambler will not steal all the sent digital money? This article is here to reply to these questions and help every crypto owner to make the right decision.

Bitcoin Mixers

Let’s first find out which features need to be considered to make sure that a sender trusts their digital money to a reliable service:

• 1) there is usually a fee which is normally insignificant (around 1-3%).
• 2) no logs are kept. It means that no information about your online actions is gathered. This feature is exceptionally essential.
• 3) various output addresses can be added which help to diversify risks and send mixed coins to different destinations. These addresses are used as a final destination for the sent coins.
• 4) types of cryptocurrencies 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 scrambler offers you a Letter of Guarantee, it means that you can use it as a confirmation of your involvement in the transaction and it protects your digital money in case of swindling. Most of the time it looks like a text file digitally signed using PGP mechanism. The specified features are important to decide 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 leading mixing platforms.

The cryptocurrency mixing services presented above are among the top existing mixers that were chosen by users and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all aspects on which attention should be focused.

Surely all tumblers from the table support no-logs and no-registration rule, these are critical aspects that should not be neglected. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to blend coins between the currencies which makes transactions far less identifiable.

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 stay incognito, as there is a gap between the sent coins and the outgoing transaction. In most cases, users can set the time of delay on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is necessary to review each of them separately.

Blender has a easy interface, it is convenient to use and straightforward. 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 mixer 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 certain 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 remarkable 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 cryprocurrencies will not be taken. The number of needed 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 operate on this crypto mixer, a CryptoMixer code needs to be invented. A user should write it down, so it is possible 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 change it if necessary. A service fee can be also selected 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 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 best Bitcoin mixers that has ever existed. This mixer supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and get them back in another type of coins. 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 extraordinary crypto mixing service is ChipMixer because it is based on the absolutely different principle comparing to other mixers. A user does not merely 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 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 platform in advance, next transactions are untraceable and it is not possible 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 incognito and the service itself more cost-effective. Retention period is 7 days and each sender has an opportunity to manually clear all logs before the end of this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting clean coins is also quite unique, as the platform requires a request to be sent over Tor or Clearnet and clean coins are acquired from stock exchanges.

it is noteworthy that random amounts are sent in two and more transactions to make them less trackable.

Another reliable mixer is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is quite standard and similar to the processes on other mixers. There is a possibility to choose a time-delay option up to 72 hours and a sender has an opportunity to divide the transaction, so the funds are sent to multiple addresses. Thus, sender’s money are more secured 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 small, only the amount of 0.0001 BTC needs to be added for each additional address. Dividing deposited coins between 5 addresses is also greatly helpful for maintaining user’s confidentiality. Every user is able to choose an additional option of delaying the payout meaning that the transaction is becoming even more anonymous.

Let’s represent another one of the best bitcoin mixing services which is extremely 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 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 mixing platform only.

Being one of the earliest mixing services, BitBlender (BitBlender) continues to be a easy-to-use and usable crypto coin mixer. It is possible to have two accounts, with and without registration. The difference is that the one without registration is less controllable by a user.

The mixing process can be performed 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 problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this service does not have a Letter of Guarantee which makes it difficult to turn to this coin mixer in case of scams.

And last but not least, there is a coin mixer with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This mixer offers a very simple 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 very helpful. The tumbler provides 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 many resources helps the mixing platform to maintain user’s identity undetected. This last tumbler does not offer its users a Letter of Guarantee.

All cryptocurrency tumblers presented in the article are reported to be reliable having all transactions unidentified. It is important to choose 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.