How to choose the best cryptocurrency mixer?

As bitcoin is gaining momentum across the globe, digital money holders have become more aware about the confidentiality of their transactions. Everyone used to believe that a crypto user can remain incognito while forwarding their coins and it turned out that it is not true. On account of the implementation of government policies, the transactions are detectable meaning that a user’s electronic address and even personal identification information can be revealed. But don’t be frightened, there is an answer to such governmental measures and it is a Bitcoin mixing service.

To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is an easy way to mix several parts of it with other coins. In the end a user gets back an equal quantity of coins, but mixed up in a non-identical set. Consequently, it is impossible to track the transaction back to a user, so one can stay calm that personal identification information is not revealed.

As maybe some of you are aware, every crypto transaction, and Bitcoin is no different, is carved in the blockchain and it leaves marks. These marks are important for the state to track 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 traced, it is possible to use available cryptocurrency tumblers and secure sender’s personal identity. Many digital currency holders do not want to inform everyone the amount they gain or how they spend their money.

There is an opinion among some web surfers that using a mixer is an criminal action itself. It is not completely true. As outlined above, there is a possibility of coin mixing to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no need to be concerned. There are many services that are here for cryptocurrency owners to tumbler their coins.

Nevertheless, a digital currency owner should be careful while choosing a digital currency scrambler. Which service can be relied on? How can a crypto holder be sure that a mixer will not take all the sent digital money? This article is here to answer these questions and assist every bitcoin holder to make the right choice.

Top bitcoin mixers

Let’s first figure out which options need to be looked at to ensure that a sender trusts their digital money to a reliable service:

• 1) there is normally a fee which is usually minor (around 1-3%).
• 2) no logs are kept. It means that no record about your online actions is gathered. This feature is exceptionally important.
• 3) various outgoing 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 mixers that enable to mix some other coins except Bitcoin.
• 5) such services 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 keeps safe your coins in case of swindling. In most cases it looks like a text file digitally signed using PGP mechanism. The specified options are important to decide which crypto tumbler to use. There are some more features that also need to be noticed and all of them are listed in the below table of the leading mixing platforms.

The digital currency mixers 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 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 platforms are used to mix only Bitcoins as the most regular digital money. Although there is a couple of crypto tumblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more options, some mixing services also allow to combine coins between the currencies which makes transactions far less traceable.

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 remain anonymous, as there is a gap between the forwarded 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 necessary to consider each of them separately.

Blender has a clear interface, it is easy to use and simple. 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 fresh crypto coins are not blended with previous deposits. Additional URL (Blender) is also here to make certain that senders can get to the mixing service, even if the main link is not working.

As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is remarkable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC it is clearly that users can trust this mixing platform and their cryprocurrencies will not be taken. 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 depositing more than 1000 BTC a user needs to collect 5 confirmations.

To use this crypto mixer, a CryptoMixer code needs to be created. A user should write it down, so it is possible 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 determined automatically and a user can adjust it if necessary. A service fee can be also selected from the table depending on the sent sum. Each 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 received after mixing.

Based on the experience of many users on the Internet, PrivCoin is one of the leading Bitcoin mixing services that has ever existed. This scrambler supports not only Bitcoins, but also other aforementioned crypto coins. Exactly this mixing service allows a user to exchange the coins, in other words to send one currency and get them back in another type of coins. This process even increases user’s anonymity. 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 special crypto tumbler is ChipMixer because it is based on the totally another rule comparing to other mixers. A user does not merely deposit coins to mix, 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 included in the wallet, a wallet owner can deposit coins to process. As the chips are sent to the mixing service in advance, 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 applies “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 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 scrambler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting renewed 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 sums are sent in two and more transactions to make them less traceable.

Another reliable mixing platform is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively standard and identical with the processes on other mixing services. 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 money are more protected and untraceable.

Two cryptocurrencies are also supported on SmartMix.io scrambler. This mixer is on the list because it works fast and it is reliable. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be sent for every extra address. Splitting 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 less traceable.

Let’s take a look at another one of the leading bitcoin mixing services which is really easy to use. Bitcoin Laundry (Bitcoin Laundry) has a simple interface and it should be noted 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 delete 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 coin tumbler only.

Being one of the oldest crypto coin mixers, BitBlender (BitBlender) continues to be a simple and usable 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 sends 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 holder should be afraid of security breach 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 difficult to address this coin mixer in case of scams.

And last but not least, there is a coin mixer with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This platform offers a very friendly user-interface, as well as the possibility to have control over all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is incredibly useful. The mixer 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 various resources helps the crypto mixer to keep user’s identity undiscovered. This last mixer does not offer its users a Letter of Guarantee.

All cryptocurrency scramblers introduced in the article are reported to be trusty having all transactions anonymous. 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 risky, however, using coin tumblers that are listed in the article will help every user to minimize risks and be sure of success of the transaction.