How to choose the best cryptocurrency mixer?

Since cybercash is spinning up across the globe, bitcoin holders have become more conscious about the confidentiality of their transactions. Everyone used to believe that a sender can remain incognito while forwarding their digital currencies and it came to light that it is not true. Owing to the implementation of government policies, the transactions are detectable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be frightened, there is an answer to such public administration controls and it is a cryptocurrency scrambler.

To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to blend several parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but blended in a non-identical set. Therefore, there is no way to trace the transaction back to a user, so one can stay calm that identity is not revealed.

As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is carved in the blockchain and it leaves traces. These marks play an important role for the state to track back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not connected with any unlawful activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency mixing services and secure sender’s personal identity. Many bitcoin owners do not want to let everybody know the amount they gain or how they spend their money.

There is a belief among some internet users that using a mixing service is an criminal action itself. It is not completely true. As mentioned before, there is a possibility of coin mixing to become unlawful, if it is used to hide user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for bitcoin holders to tumbler their coins.

Nevertheless, a digital currency owner should be careful while choosing a bitcoin tumbler. Which platform can be relied on? How can one be certain that a mixer will not take all the sent coins? This article is here to answer these concerns and assist every bitcoin holder to make the right choice.

Best Bitcoin Mixers

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

• 1) there is usually a fee which is usually minor (around 1-3%).
• 2) no logs are kept. This implies that no record about your online transactions is collected. This feature is immensely essential.
• 3) several 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 cryptocash involved. There are mixing services that enable to mix some other cryptocurrencies except Bitcoin.
• 5) such platforms usually require confirmation, and the least confirmations it requires, the better.
• 6) If a mixer provides you with a Letter of Guarantee, it means that you can use it as a confirmation of your involvement 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 features are crucial to choose which cryptocurrency mixer to use. There are some more aspects that also need to be noticed and all of them are added into the below table of the leading mixing services.

The digital currency mixers presented above are among the leading existing tumblers that were chosen by customers and are highly recommended. Let’s look closely at the listed crypto mixers and describe all features on which attention should be focused.

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

There is one option that is not displayed 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 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. For better understanding of crypto tumblers, it is essential to consider each of them independently.

Blender has a straightforward interface, it is convenient to use and simple. 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 fresh crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to make certain that senders 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 tumbler is noteworthy 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 service and their coins will not be taken. The number of needed confirmations differs depending on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation required, 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 created. A user should note it, so it is easy 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 forwarded amount. Every transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the amount of crypto money sent and got back after mixing.

Based on the experience of many users on the Internet, PrivCoin is one of the best Bitcoin mixing services that has ever existed. This tumbler supports not only Bitcoins, but also other above-mentioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to deposit one type of coins and get them back in another type of coins. This process even increases user’s confidentiality. Time-delay feature makes a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each additional address.

One absolutely unique crypto mixing service is ChipMixer because it is based on the totally another idea comparing to other services. A user does not merely 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 split 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 prior to the transaction, following transactions are nowhere to be found 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 randomized making transactions even more anonymous and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually clear all logs before the end of this period. Another coin tumbler 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 tumbler requires a request to be sent over Tor or Clearnet and renewed coins are acquired from stock exchanges.

It is worth noting that random sums are sent in two and more transactions to make them less trackable.

Another trustworthy tumbler 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 tumblers. 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 coins are sent to multiple addresses. Thus, sender’s funds are more secured and untraceable.

Two cryptocurrencies are also supported on SmartMix.io mixing service. This scrambler 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 sent for every extra address. Splitting deposited coins between 5 addresses is also very beneficial for keeping user’s anonymity. Every user is able to choose an additional option of delaying the payment meaning that the transaction is becoming even less traceable.

Let’s take a look at another one of the best bitcoin mixing services which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 easy for a user to manually delete all the logs which are stored 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 mixing platform only.

Being one of the earliest crypto coin mixers, BitBlender (BitBlender) continues to be a user-friendly and usable mixing platform. 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 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 deposits more than 10 BTC in a week, the platform reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin owner should be afraid of security problems 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 coin scrambler in case of scams.

And last but not least, there is a mixing service with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). At the moment, there are three currencies and Ethereum is going to be added in future. This mixer offers a very simple user-interface, as well as the possibility to have control over all phases of the mixing process. A user can select a delay not just by hours, but by the minute which is very helpful. The platform 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 various resources helps the mixing platform to keep user’s personal information undiscovered. This last tumbler does not offer its users a Letter of Guarantee.

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