How to choose the best cryptocurrency mixer?

As digital currency is gaining momentum across the globe, bitcoin holders have become more aware about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain unidentified while depositing their coins and it came to light that it is not true. Owing to the implementation of government policies, the transactions are meaning that a user’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 mixer.

To make it clear, a crypto tumbler is a software program that splits a transaction, so there is a straightforward way to mix different parts of it with other coins. In the end a user gets back an equal quantity of coins, but blended in a non-identical set. Consequently, there is no possibility to track the transaction back to a sender, so one can stay calm that identity 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 traces. These traces play an important role for the authorities to trace back outlawed transactions, such as purchasing weapon, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being tracked, it is possible to use accessible cryptocurrency tumblers and secure sender’s identity. Many bitcoin holders do not want to inform everyone how much they earn or how they use up their money.

There is a belief among some web surfers that using a mixing service is an illegal action itself. It is not completely true. As previously stated, there is a possibility of crypto mixing to become unlawful, if it is used to disguise user’s criminal activity, otherwise, there is no point to be concerned. There are many services that are here for bitcoin holders to mix their coins.

However, a crypto holder should be careful while choosing a crypto mixer. Which platform can be relied on? How can a crypto holder be sure that a scrambler will not steal all the deposited digital money? This article is here to reply to these concerns and assist every bitcoin holder to make the right choice.

Bitcoin Mixers

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

• 1) there is usually a fee which is typically insignificant (around 1-3%).
• 2) no logs are kept. It means that no information about your online transactions is gathered. This feature is exceptionally significant.
• 3) several output addresses can be added which help to diversify risks and forward mixed coins to different destinations. These addresses are used as a final destination for the deposited coins.
• 4) types of cryptocurrencies involved. There are mixers that enable to mix some other cryptocurrencies except Bitcoin.
• 5) such services 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 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 choose which cryptocurrency mixing service to use. There are some more aspects that also need to be noticed and all of them are included into the below table of the leading mixing services.

The crypto scramblers presented above are among the best existing mixers that were chosen by clients and are highly recommended. Let’s look closely at the listed crypto mixers and explain all aspects on which attention should be focused.

Surely all crypto mixing services from the table support no-logs and no-registration policy, these are critical aspects that should not be neglected. Most of the mixers are used to mix only Bitcoins as the most common cryptocurrency. Although there are a few crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some tumblers also allow to mix coins between the currencies which makes transactions far less trackable.

There is one feature 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 deposited coins and the outcoming transaction. In most cases, users can set the time of delay by themselves and it can be several days or even hours and minutes. For better understanding of crypto mixers, it is essential to review each of them independently.

Blender has a clear interface, it is intuitive 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 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 ensure that senders can get to the scrambler, even if the main link is not available.

As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer is notable 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 deposits will not be taken. The number of required confirmations depends on the number of deposited coins, e.g. for sending 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 use 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 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 sum. 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 mixers that has ever existed. This tumbler supports not only the most popular cryptocurrency, but also other above-mentioned crypto coins. Exactly this platform allows a user to swap the coins, in other words to deposit one currency and get them back in another type of coins. This process even increases user’s anonymity. Time-delay feature makes a transaction untraceable, 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 tumbler is ChipMixer because it is based on the absolutely another principle comparing to other tumblers. 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 included in the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service prior to the transaction, 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 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 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 unusual, as the platform requires a request to be sent over Tor or Clearnet and clean coins are gained from stock exchanges.

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

Another trustworthy scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. 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 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 quickly and it is reliable. The transaction fee is really low, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also greatly beneficial for keeping user’s anonymity. 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 mixers which is incredibly easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 possible for a user to manually remove all the logs which are saved 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 service only.

Being one of the oldest crypto coin tumblers, BitBlender (BitBlender) remains a simple and functional crypto coin tumbler. 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 is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction more anonymous. 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 sender should be afraid of security leak as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this tumbler 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 crypto coin tumbler with a number of cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This tumbler 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 very useful. The mixer 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 different resources helps the crypto mixer to maintain user’s identity incognito. 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 anonymous. It is important to pick a crypto mixer wisely, as a sender has no chance to address any authority in case of scams. By all means, handling your deposits online can be unsafe, however, using scramblers that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.