Bitcoin tumbler
As digital currency is gaining momentum worldwide, digital money holders have become more aware about the confidentiality of their affairs. Everyone was of the opinion that a crypto user can remain unidentified while depositing their coins and it turned out that it is untrue. Owing to public administration controls, the transactions are identifiable meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a cyber money tumbler.
To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to blend different 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 personal identification information is not disclosed.
As maybe some of you realize, every crypto transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These marks play an important role for the government to track back criminal transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible bitcoin tumblers and secure sender’s personal identity. Many crypto owners do not want to inform everyone the amount they earn or how they use up their money.
There is a belief among some internet users that using a mixing service is an illegal action itself. It is not completely true. As outlined above, there is a possibility of cryptocurrency blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to be concerned. There are many platforms that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a crypto holder should pay attention while choosing a digital currency scrambler. Which service can be relied on? How can one be certain that a mixing platform will not take all the deposited coins? This article is here to answer these concerns and help every bitcoin holder to make the right decision.
Monero mixer / Cryptocurrency tumbler
Let’s first find out which options need to be considered to be certain that a platform user trusts their money to a trustworthy platform:
- 1) there is usually a fee which is typically negligible (around 1-3%).
- 2) no logs are kept. It means that no information about your online transactions is collected. This option is extremely important.
- 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 deposited coins.
- 4) types of cryptocurrencies involved. There are mixers 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 tumbler gives 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 scams. Generally it looks like a text file digitally signed using PGP mechanism. The defined features are important to decide which cryptocurrency mixer 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 crypto tumblers.
The digital currency mixers presented above are among the leading existing mixers that were chosen by users and are highly recommended. Let’s look into the listed mixers and describe all features on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration rule, these are essential features that should not be overlooked. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few coin scramblers 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 option 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 outcoming 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 tumblers, it is necessary to consider each of them independently.
Blender has a simple interface, it is easy to use and uncomplicated. 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 assures that fresh crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to guarantee that users can get to the tumbler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is notable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing service and their cryprocurrencies will not be stolen. The number of required 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 gather 5 confirmations.
To operate on this crypto tumbler, a CryptoMixer code needs to be invented. A user should note it, so it is easy to use it next time. After entering a CryptoMixer code, users need to enter the outgoing address or several of them and then set a time-delay option. A delay time is defined automatically and a user can modify it if necessary. A service fee can be also chosen from the table depending on the forwarded sum. Each 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 top Bitcoin tumblers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned 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 makes 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 absolutely unique crypto mixing service is ChipMixer because it is based on the completely another idea comparing to other mixers. 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 included in the wallet, a wallet owner can send coins to process. As the chips are sent to the mixing service in advance, next transactions are untraceable and it is not possible to connect them with the wallet owner. There is no standard fee for transactions on this mixing service: it applies “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 cleanse all logs before the end of this period. Another mixing platform 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 unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.
There are 3 steps of this mixing process that include:
- 1. pre-mixing coins and then mixing them with other coins;
- 2. forwarding coins to stock exchanges where they are combined with coins of other traders;
- 3. clean coins are returned back to the original sender.
It should be pointed out that random sums are sent in two and more transactions to make them less traceable.
Another trustworthy mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively standard and similar to the processes on other mixing services. There is a possibility to set 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 platform. This tumbler is on the list because it works fast and it is trusty. The transaction fee is really small, only the amount of 0.0001 BTC needs to be added for every extra address. Dividing deposited coins between 5 addresses is also highly helpful for maintaining user’s confidentiality. 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 mixers which is really easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a straightforward interface and it is worth mentioning 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 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 user-friendly and functional crypto coin tumbler. 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 more anonymous. 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 owner 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 service does not offer a Letter of Guarantee which makes it hard to address this coin mixer in case of scams.
And last but not least, there is a mixing service with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be represented soon. This platform offers a very easy-to-use user-interface, as well as the opportunity to have control over 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 platform 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 many resources helps the crypto tumbler to keep user’s personal information undetected. This last tumbler does not offer its users a Letter of Guarantee.
All cryptocurrency scramblers introduced in the article are reported to be reliable having all transactions unidentified. It is important to pick a crypto mixer wisely, as a sender has no chance to address any authority in case of scams. Of course, handling your deposits online can be risky, however, using coin tumblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.