Eth mixer / Cryptocurrency tumbler
Since cybercash is spinning up worldwide, digital money holders have become more aware about the confidentiality of their transactions. Everyone was of the opinion that a crypto user can remain unidentified while forwarding their coins and it turned out that it is untrue. Because of the implementation of government policies, the transactions are detectable meaning that a user’s electronic address and even identity can be disclosed. But don’t be frightened, there is an answer to such governmental measures and it is a cyber money mixing service.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is a straightforward way to mix several parts of it with other transactions used. In the end a sender gets back an equal quantity of coins, but mixed up in a completely different set. As a result, there is no way to trace the transaction back to a sender, so one can stay calm that personal identification information is not disclosed.
As maybe some of you know, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves traces. These marks play an important role for the authorities to trace back outlawed transactions, such as buying weapon, drugs or money laundering. While a sender is not connected with any criminal activity and still wants to avoid being tracked, it is possible to use available bitcoin tumblers and secure sender’s identity. Many digital currency owners do not want to let everybody know the amount they earn or how they use up their money.
There is an opinion among some web users that using a scrambler is an illegal action itself. It is not completely true. 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 point to be concerned. There are many services that are here for cryptocurrency owners to tumbler their coins.
Nevertheless, a crypto holder should pay attention while picking a digital currency scrambler. Which platform can be relied on? How can a crypto holder be certain that a mixing platform will not take all the deposited coins? This article is here to reply to these questions and help every bitcoin holder to make the right decision.
Coin mixer
Let’s first find out which options need to be considered to make sure that a sender trusts their digital money to a reliable service:
- 1) there is usually a fee which is usually insignificant (approx. 1-3%).
- 2) no logs are kept. This implies that no record about your online transactions is gathered. This option is immensely essential.
- 3) various 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 allow to mix some other coins except Bitcoin.
- 5) such services 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 participation in the transaction and it protects your coins in case of swindling. Generally it looks like a text file digitally signed using PGP mechanism. 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 listed in the below table of the best mixing services.
The crypto scramblers presented above are among the top existing tumblers 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 crypto mixing services from the table support no-logs and no-registration policy, these are essential options that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common digital money. Although there are a few coin scramblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender 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 sent coins and the outgoing 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. To get a better understanding of crypto mixers, it is essential to consider each of them separately.
Blender has a easy 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 output 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 blended with previous deposits. Additional URL (Blender) is also here to ensure that users can get to the scrambler, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixer is noteworthy 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 coins will not be stolen. 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 collect 5 confirmations.
To operate on this platform, 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 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 needed. A service fee can be also chosen from the table depending on the deposited amount. Every transaction requires additional fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 tumblers that has ever existed. This scrambler supports not only Bitcoins, but also other above-mentioned crypto coins. Exactly this platform 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 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 unique crypto mixer is ChipMixer because it is based on the absolutely different rule 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 divide according to their wishes. After chips are included in the wallet, a wallet holder can forward coins to process. As the chips are sent to the mixing platform beforehand, following transactions are untraceable and it is not possible 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 anonymous and the service itself more cost-effective. Retention period is 7 days and each sender has a chance to manually cleanse all logs prior to this period. Another coin tumbler Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee charged. The process of getting clean coins is also quite unique, 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 blended with coins of other traders;
- 3. clean coins are returned back to the original sender.
it is noteworthy that random sums are sent in two and more transactions to make them less traceable.
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 platforms. There is a possibility to set a time-delay option up to 72 hours and a sender has an opportunity to split the transaction, so the funds 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 trusty. The transaction fee is quite small, only the amount of 0.0001 BTC needs to be sent for every extra address. Dividing deposited coins between 5 addresses is also extremely 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 represent another one of the best bitcoin mixing services which is extremely user-friendly. Bitcoin Laundry (Bitcoin Laundry) has a simple 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 saved 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 mixing service only.
Being one of the earliest mixing services, BitBlender (BitBlender) remains 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 controllable 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 mixing service reduces the fee by half. Using 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 a holder of a PGP key with password. However, this mixing platform does not have a Letter of Guarantee which makes it challenging to turn to this tumbler in case of scams.
And last but not least, there is a platform with several cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added soon. This platform offers a very friendly user-interface, as well as the possibility 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 incredibly helpful. 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 many resources helps the crypto mixer to keep user’s identity incognito. This last mixer does not offer its users a Letter of Guarantee.
All cryptocurrency mixers introduced in the article are reported to be trustworthy having all transactions unidentified. It is important to choose a mixing platform wisely, as a sender has no opportunity to address any authority in case of scams. Of course, 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.