Litecoin mixer. Cryptocurrency tumbler
Since bitcoin is gaining momentum across the globe, digital money holders have become more aware about the anonymity of their transactions. Everyone was of the opinion that a sender can remain disguised while depositing their digital currencies and it turned out that it is not true. On account of the implementation of government policies, the transactions are detectable meaning that a sender’s electronic address and even personal identification information can be disclosed. But don’t be frightened, there is an answer to such public administration controls and it is a crypto scrambler.
To make it clear, a crypto tumbler is a program that splits a transaction, so there is an easy way to blend several parts of it with other coins. In the end a user gets back the same number of coins, but blended in a non-identical set. Consequently, there is no way to track the transaction back to a user, so one can stay calm that personal identification information is not uncovered.
As maybe some of you know, every crypto transaction, and Bitcoin is no different, is imprinted in the blockchain and it leaves marks. These marks play an important role for the government to track back criminal transactions, such as buying 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 accessible bitcoin mixers and secure sender’s personal identity. Many digital currency owners do not want to let everybody know how much they earn or how they use up their money.
There is an opinion among some web users that using a mixing service is an illegal action itself. It is not completely correct. As mentioned before, there is a possibility of crypto mixing to become illegal, if it is used to hide user’s illegal actions, otherwise, there is no need to worry. There are many platforms that are here for cryptocurrency owners to blend their coins.
However, a crypto holder should pay attention while picking a crypto mixer. Which platform can be trusted? How can one be certain that a mixing platform will not steal all the deposited coins? This article is here to reply to these concerns and assist every crypto owner to make the right decision.
Bitcoin mixer reddit. Cryptocurrency tumbler
Let’s first figure out which options need to be considered to be certain that a sender trusts their coins to a reliable platform:
- 1) there is typically a fee which is normally insignificant (approx. 1-3%).
- 2) no logs are kept. This implies that no record about your online transactions is collected. This feature is exceptionally significant.
- 3) several outgoing addresses can be added which help to diversify risks and forward cleaned coins to different destinations. These addresses are used as a final destination for the deposited coins.
- 4) types of cryptocurrencies involved. There are mixing services 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 protects your coins in case of swindling. In most cases it looks like a text file digitally signed using PGP mechanism. The specified options are crucial to choose which cryptocurrency mixer to use. There are some more features that also need to be noticed and all of them are added into the below table of the best mixing platforms.
The cryptocurrency mixing services presented above are among the leading existing tumblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed coin tumblers and explain all aspects on which attention should be focused.
Surely all mixers from the table support no-logs and no-registration policy, these are critical features that should not be overlooked. Most of the mixing platforms are used to mix only Bitcoins as the most common cryptocurrency. Although there is a couple of crypto tumblers that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to combine coins between the currencies which makes transactions far less trackable.
There is one option 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 sent coins and the outgoing transaction. In most cases, users can set the time of delay by themselves and it can be a couple of days or even hours and minutes. For better understanding of crypto mixers, it is necessary to review each of them separately.
Blender has a simple 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 cryptocurrency tumbler provides a user with a special mixing code which guarantees that new crypto coins are not mixed with previous deposits. Additional URL (Blender) is also here to ensure that users can get to the mixer, even if the main link is not working.
As well as others, CryptoMixer has both a clear-web (CryptoMixer). This mixing platfrom is notable 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 deposits will not be stolen. The number of needed confirmations differs depending on the number of deposited coins, 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 gather 5 confirmations.
To use this platform, a CryptoMixer code needs to be invented. A user should write it down, so it is possible to use it next time. After providing a CryptoMixer code, users need to enter the outgoing 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 selected from the table depending on the sent sum. Every transaction requires extra 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 appeared. This mixer supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to swap the coins, in other words to send one currency and receive them in another type of coins. This process even increases user’s confidentiality. Time-delay feature helps to make a transaction less traceable, as it can be set up to 24 hours. There is a transaction fee of 0.0005 for each extra address.
One totally extraordinary crypto mixing service is ChipMixer because it is based on the completely different idea comparing to other services. A user does not merely deposit coins to mix, 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 holder can send coins to process. As the chips are sent to the mixing platform prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no usual fee for transactions on this mixer: it uses “Pay what you like” feature. It means that the fee is randomized making transactions even more unidentified and the service itself more affordable. Retention period is 7 days and each sender has a chance to manually cleanse all logs before the end of this period. Another mixing platform Mixtum offers you a so-called free trial period meaning that there are no service or transaction fee applied. The process of getting renewed coins is also quite unique, as the mixing service 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:
- 1. pre-mixing coins and then mixing them with other coins;
- 2. forwarding coins to stock exchanges where they are combined with coins of other traders;
- 3. new coins are returned back to the original sender.
It should be pointed out that random sums are sent in two and more transactions to make them untraceable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added soon. The mixing process is relatively typical and similar to the processes on other tumblers. It is possible 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 multiple addresses. Thus, sender’s money are more secured and undetectable.
Two cryptocurrencies are also supported on SmartMix.io mixing service. This tumbler is on the list because it works quickly and it is trusty. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for each additional address. Dividing deposited coins between 5 addresses is also highly beneficial for keeping user’s anonymity. Every user is able to select an additional option of delaying the payout meaning that the transaction is becoming even more anonymous.
Let’s take a look at another one of the best bitcoin mixing services which is extremely easy to operate. 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 possible for a user to manually remove all the logs which are saved for this period because of any future 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 mixing services, BitBlender (BitBlender) continues to be a simple and functional 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 itself is realizable and the transaction fee is charged randomly from 1% to 3% which makes the transaction less traceable. Also, if a user deposits more than 10 BTC in a week, the crypto mixer reduces the fee by half. Using a time-delay feature the transaction can be delayed up to 24 hours. A Bitcoin sender should worry security problems as there is a 2-factor authentication when a sender becomes a holder of a PGP key with password. However, this service does not offer a Letter of Guarantee which makes it challenging to turn to this coin scrambler in case of scams.
And last but not least, there is a coin mixer with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). At the moment, 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 possibility to control all steps of the mixing process. A user can select a delay not just by hours, but by the minute which is very useful. The platform gives the opportunity to use a calculator to understand the amount of funds 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 many resources helps the mixing platform to keep user’s personal information undetected. This last mixing platform does not offer its users a Letter of Guarantee.
All cryptocurrency tumblers introduced in the article are reported to be reliable having all transactions anonymous. It is important to pick a mixing platform wisely, as a sender has no chance to turn to any authority in case of scams. Of course, 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.
Bitcoin mixer reddit / Cryptocurrency tumbler