Whirlpool - Samourai Wallet mixer
Since cybercash is gaining momentum across the globe, bitcoin holders have become more conscious about the anonymity of their purchases. Everyone thought that a crypto user can remain unidentified while depositing their coins and it came to light that it is not true. On account of public administration controls, the transactions are detectable meaning that a sender’s e-mail and even personal identification information can be revealed. But don’t be alarmed, there is an answer to such governmental measures and it is a Bitcoin mixer.
To make it clear, a crypto tumbler is a software program that breaks up a transaction, so there is an easy way to mix different parts of it with other transactions used. In the end a sender 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 know, every crypto transaction, and Bitcoin is not an exception, is imprinted in the blockchain and it leaves marks. These marks are essential for the state to track back illegal transactions, such as purchasing 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 bitcoin tumbling services and secure sender’s personal identity. Many crypto holders do not want to inform everyone how much they earn or how they use up their money.
There is a belief among some web users that using a scrambler is an criminal action itself. It is not completely correct. As previously stated, there is a possibility of coin blending to become illegal, if it is used to disguise user’s criminal activity, otherwise, there is no need to worry. There are many services that are here for bitcoin holders to blend their coins.
Nevertheless, a digital currency owner should pay attention while picking a bitcoin tumbler. Which platform can be trusted? How can one be sure that a mixer will not steal all the sent coins? This article is here to answer these questions and help every bitcoin holder to make the right choice.
Samourai mixer. Cryptocurrency tumbler
Let’s first find out which options need to be looked at to be certain that a platform user 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. It means that no record about your online transactions is gathered. This feature is extremely essential.
- 3) various output addresses can be added which help to diversify risks and forward cleaned coins to multiple destinations. These addresses are used as a final destination for the deposited coins.
- 4) types of cryptocurrencies involved. There are mixers that enable to mix some other coins except Bitcoin.
- 5) such platforms usually require confirmation, and the least confirmations it requires, the better.
- 6) If a mixer offers 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. Generally it looks like a text file digitally signed using PGP mechanism. The defined options are crucial to make a decision which cryptocurrency mixing service 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 platforms.
The crypto scramblers presented above are among the best existing scramblers that were chosen by customers and are highly recommended. Let’s take a closer look at the listed crypto mixers and explain all options on which attention should be focused.
Surely all tumblers from the table support no-logs and no-registration policy, these are important aspects that should not be neglected. Most of the mixing services are used to mix only Bitcoins as the most regular cryptocurrency. Although there are a few crypto mixing platforms that mix other cryptocurrencies, such as Ethereum, Bitcoin Cash and Litecoin. Additional currencies give a sender more opportunities, some tumblers also allow to mix coins between the currencies which makes transactions far less identifiable.
There is one option that is not displayed 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 on their own 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 convenient 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 assures that new crypto coins are not mixed with prior deposits. Additional URL (Blender) is also here to make sure that senders 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 notable for accommodating extremely large-volume transactions. After public verification of their reserve of 2000 BTC there is no doubt 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 depositing less that 25 BTC there is only 1 confirmation needed, in case of sending 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 note it, so it is easy to use it next time. After entering a CryptoMixer code, users need to provide 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 necessary. A service fee can be also selected 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 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 tumbler supports not only the most popular cryptocurrency, but also other aforementioned cryptocurrencies. Exactly this mixing service allows a user to exchange the coins, in other words to deposit 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 additional address.
One absolutely special crypto mixer is ChipMixer because it is based on the absolutely another rule comparing to other tumblers. A user does not simply 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 break down according to their wishes. After chips are added to the wallet, a wallet holder can deposit coins to process. As the chips are sent to the mixing service prior to the transaction, next transactions are untraceable and it is not possible to connect them with the wallet holder. There is no standard fee for transactions on this platform: 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 affordable. Retention period is 7 days and each sender has a chance to manually cleanse 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 unusual, as the mixer requires a request to be sent over Tor or Clearnet and clean coins are acquired 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 amounts are sent in two and more transactions to make them less identifiable.
Another reliable scrambler is BitMix which supports two cryptocurrencies with Ethereum to be added in future. The mixing process is relatively typical 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 split the transaction, so the coins are sent to several addresses. Thus, sender’s funds are more secured and untraceable.
Two cryptocurrencies are also supported on SmartMix.io platform. This scrambler is listed because it works quickly and it is reliable. The transaction fee is really small, only the amount of 0.0001 BTC needs to be sent for each additional address. Splitting deposited coins between 5 addresses is also extremely 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 more anonymous.
Let’s represent another one of the best bitcoin mixing services which is really easy to operate. Bitcoin Laundry (Bitcoin Laundry) has a user-friendly 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 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 mixer only.
Being one of the oldest mixing services, BitBlender (BitBlender) continues to be a user-friendly and usable crypto coin mixer. 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 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 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 be afraid of 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 address this tumbler in case of scams.
And last but not least, there is a mixing service with many cryptocurrencies to tumbler named SmartMixer (SmartMixer). For now, there are three currencies and Ethereum is going to be added in future. This tumbler offers a very friendly user-interface, as well as the opportunity 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 very useful. The mixer provides the opportunity to use a calculator to understand the amount of funds 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 various resources helps the mixing platform to maintain user’s identity undiscovered. This last mixing platform 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 choose a crypto mixer wisely, as a sender has no chance to turn to any governmental structure in case of scams. Of course, handling your deposits online can be risky, however, using mixing platforms that are introduced in the article will help every user to minimize risks and be sure of success of the transaction.