Cryptocurrency tumbler or cryptocurrency mixing service wiki Wikipedia

Since digital money is gaining momentum across the globe, bitcoin holders have become more conscious about the anonymity of their transactions. Everyone used to believe that a sender can remain unidentified while depositing their coins and it turned out that it is untrue. Because of the implementation of government policies, the transactions are detectable meaning that a sender’s electronic address and even identity can be disclosed. But don’t be alarmed, there is an answer to such public administration controls and it is a cryptocurrency tumbler.

To make it clear, a crypto tumbler is a program that breaks up a transaction, so there is a straightforward way to mix different parts of it with other coins. After all a user gets back an equal quantity of coins, but blended in a completely different set. Therefore, it is impossible to trace the transaction back to a user, so one can stay calm that personal identification information is not uncovered.

Ripple mixer. Cryptocurrency tumbler

As maybe some of you realize, every cryptocurrency transaction, and Bitcoin is no different, is embed in the blockchain and it leaves marks. These traces are essential for the state to trace back outlawed transactions, such as buying guns, drugs or money laundering. While a sender is not associated with any illegal activity and still wants to avoid being traced, it is possible to use accessible crypto tumbling services and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know the amount they gain or how they spend their money.

There is an opinion among some internet users that using a mixer is an illegal action itself. It is not entirely correct. As mentioned before, there is a possibility of cryptocurrency blending 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 bitcoin holders to blend their coins.

However, a digital currency owner should be careful while choosing a crypto mixer. Which platform can be trusted? 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 help every crypto owner to make the right decision.

Ripple mixer. Cryptocurrency tumbler

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

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

Surely all mixers from the table support no-logs and no-registration policy, these are critical options that should not be disregarded. Most of the mixing platforms are used to mix only Bitcoins as the most regular digital money. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies provide a sender with more opportunities, some mixing services 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 option helps a user and a transaction itself to stay incognito, as there is a gap between the forwarded coins and the outgoing transaction. In most cases, users can set the time of delay on their own and it can be several days or even hours and minutes. To get a better understanding of crypto tumblers, it is essential 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 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 new crypto coins are not mixed with preceding deposits. Additional URL (Blender) is also here to make sure that users 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 mixing platfrom is noteworthy 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 stolen. 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 sending more than 1000 BTC a user needs to collect 5 confirmations.

To use this platform, 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 provide the output address or several of them and then set a time-delay feature. A delay time is defined automatically and a user can modify it if needed. A service fee can be also chosen from the table depending on the forwarded amount. Every transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to understand the number of coins 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 appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to interchange the coins, in other words to send one currency and receive them in another type of coins. This process even increases user’s anonymity. 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 additional address.

One absolutely special crypto tumbler is ChipMixer because it is based on the absolutely different principle comparing to other services. 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 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 nowhere to be found and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this tumbler: it applies “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 every user has an opportunity to manually clear all logs prior to this period. Another mixing service 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 clean coins are gained from stock exchanges.

There are 3 phases of this mixing process that include:

It is worth noting that random amounts are sent in two and more transactions to make them untraceable.

Another reliable mixing platform 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 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 money are more protected and untraceable.

Two cryptocurrencies are also supported on SmartMix.io mixing service. This mixer is listed because it works fast and it is reliable. The transaction fee is quite 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 maintaining user’s confidentiality. Every user is able to select an additional option of delaying the payout meaning that the transaction is becoming even less traceable.

Let’s take a look at another one of the best bitcoin mixers which is incredibly user-friendly. 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 possible for a user to manually delete all the logs which are stored for this period because of any possible transaction-related issues. There is a time-delay feature, however, it is not possible to be controlled by a user but the mixer only.

Being one of the oldest crypto coin mixers, BitBlender (BitBlender) remains a simple and usable mixing platform. It is possible 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 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 sender 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 difficult to turn to this tumbler in case of scams.

And last but not least, there is a coin mixer with several cryptocurrencies to mix named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added 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 set up a delay not just by hours, but by the minute which is very helpful. The tumbler gives 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 mixing platform to keep user’s identity incognito. This last mixer does not offer its users a Letter of Guarantee.

All cryptocurrency tumblers presented in the article are reported to be trusty having all transactions anonymous. It is important to choose a crypto mixer wisely, as a sender has no chance to address any governmental structure 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 reduce risks and be sure of success of the transaction.

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