Bitcoin Blender

Since bitcoin is spinning up around the world, digital money holders have become more conscious about the anonymity of their transactions. Everyone thought that a crypto user can remain unidentified while forwarding their coins and it came to light that it is not true. On account of the implementation of government policies, the transactions are identifiable which means that a user’s e-mail and even personal identification information can be disclosed. But don’t be alarmed, there is an answer to such governmental measures and it is a cryptocurrency mixing service.

To make it clear, a cryptocurrency mixing service is a software program that splits a transaction, so there is a straightforward way to blend different parts of it with other transactions used. After all a sender gets back an equal quantity of coins, but blended in a completely different set. As a result, it is impossible to track the transaction back to a user, 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 embed in the blockchain and it leaves marks. These traces are essential for the authorities to trace back outlawed transactions, such as buying 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 available bitcoin mixing services and secure sender’s personal identity. Many bitcoin holders do not want to let everybody know the amount they earn or how they spend their money.

There is a belief among some web users that using a mixing service is an illegal action itself. It is not entirely correct. As previously stated, there is a possibility of coin blending to become unlawful, if it is used to disguise user’s illegal actions, otherwise, there is no reason to worry. There are many services that are here for bitcoin holders to tumbler their coins.

However, a digital currency owner should pay attention while choosing a bitcoin tumbler. Which service can be trusted? How can a crypto holder be certain that a mixing platform 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.

Bitcoin Mixers

Let’s first figure out which features need to be considered to ensure that a sender trusts their digital money to a reliable platform:

• 1) there is normally a fee which is normally insignificant (around 1-3%).
• 2) no logs are kept. This implies that no information about your online actions is gathered. This option is extremely important.
• 3) various 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 cryptocash involved. There are tumblers that allow to mix some other types of digital money except Bitcoin.
• 5) such platforms usually require confirmation, and the least confirmations it requires, the better.
• 6) If a mixer gives you 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 scams. Most of the time it looks like a text file digitally signed using PGP mechanism. The defined features are critical to decide which crypto tumbler to use. There are some more aspects that also need to be pointed out and all of them are added into the below table of the top mixing services.

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

Surely all tumblers from the table support no-logs and no-registration rule, 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 is a couple of coin scramblers that mix other coins, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more options, some tumblers also allow to combine 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 option 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 on their own and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is essential to consider each of them separately.

Blender has a straightforward interface, it is easy to use and straightforward. 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 mixer provides a user with a special mixing code which guarantees that new 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 available.

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 it is clearly that users can trust this mixing service and their cryprocurrencies will not be stolen. The number of needed confirmations depends on the deposited amount, e.g. for sending less that 25 BTC there is only 1 confirmation needed, in case of sending more than 1000 BTC a user needs to collect 5 confirmations.

To operate on this crypto mixer, a CryptoMixer code needs to be invented. A user should write it down, 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 option. 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 sent amount. Each transaction requires extra fee of 0.0005 BTC. Also, a calculator on the main page helps every user to see 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 leading Bitcoin mixers that has ever appeared. This tumbler supports not only Bitcoins, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to send one currency and get them back in another currency. 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 extra address.

One totally special crypto mixing service is ChipMixer because it is based on the absolutely different principle comparing to other mixers. A user does not simply 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 divide according to their wishes. After chips are added to the wallet, a wallet owner can forward coins to process. As the chips are sent to the mixing service beforehand, following transactions are untraceable and there is no opportunity to connect them with the wallet owner. There is no standard 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 a chance to manually cleanse 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 applied. The process of getting clean coins is also quite unusual, as the mixer requires a request to be sent over Tor or Clearnet and renewed coins are obtained from stock exchanges.

it is noteworthy that random sums are sent in two and more transactions to make them less trackable.

Another trustworthy mixer is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical and identical with the processes on other mixers. There is a possibility to set a time-delay feature up to 72 hours and a sender has an opportunity to split the transaction, so the coins are sent to several addresses. Thus, sender’s funds are more protected and undetectable.

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 really small, only the amount of 0.0001 BTC needs to be sent for every extra address. Dividing deposited coins between 5 addresses is also greatly helpful 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 represent another one of the leading bitcoin tumblers 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 lowest 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 remove 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 mixing service only.

Being one of the earliest crypto coin tumblers, 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 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 more anonymous. Also, if a user deposits more than 10 BTC in a week, the mixing service reduces the fee by half. With a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin holder should worry security problems as there is a 2-factor authentication when a sender becomes an owner of a PGP key with password. However, this tumbler does not have a Letter of Guarantee which makes it challenging to address this coin mixer in case of scams.

And last but not least, there is a coin mixer with a number of cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be represented soon. This mixer offers a very easy-to-use user-interface, as well as the possibility to have control over all steps of the mixing process. A user can set up a delay not just by hours, but by the minute which is incredibly useful. The platform 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 personal information undetected. This last tumbler does not offer its users a Letter of Guarantee.

All cryptocurrency mixers introduced in the article are reported to be trusty having all transactions nameless. It is important to pick a crypto mixer wisely, as a sender has no opportunity to address any authority in case of scams. By all means, 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.