Just because Bitcoin was declared pseudonymous, many had been it is all it takes to enjoy your utmost privacy and anonymity in the crypto space. For those that have used the centralized crypto exchanges, it is more than obvious that the belief is not accurate because their wallet addresses can be linked to their real-world identities. So, in this guide, we are looking to cover what are the best bitcoin tumblers and mixers in the crypto space that help you regain privacy and anonymity.
A quick Insight to Bitcoin Timbers or Mixers
Over the years, there have been questions about the privacy of users in the crypto space. And there have been different attempts to create sustainable solutions for the concern. Of these solutions recommended is a Bitcoin Mixer (often called Tumbler.)
Therefore, a bitcoin tumbler or bitcoin mixer is an external service employed to conceal the data related to bitcoin transactions including the trail of the coins. This service has Bitcoin users to regain the privacy they craved for in the space, and it became a necessity for most users because all crypto exchanges and other related platforms are under compulsion to obey the KYC (Know Your Customer) regulation that will require some personal documents from their users before using the platform, or before getting the desirable features from it.
To begin with, the core feature that made the blockchain so famous and trending is privacy, but because of their centralized nature, the most crypto platform has deprived their users of it. Hence, the advent of the bitcoin mixing services.
Also, because of the transparency built into the blockchain, every transaction record is easily accessible to anyone who cares to investigate and this has been the leverage of the blockchain analytic firms. However, it has become easier to trace a certain crypto portfolio to a real-life identity, and by now, it is no more news that some certain government entities like the NSA are working tirelessly to track down bitcoin users. Though, it doesn’t take sophisticated gadgets and technology to track crypto as anyone connected to the internet can pull it off without any affiliation to any secret government entities.
Centralized crypto exchanges also track crypto to ensure that money that can get them entangled in money laundering charges is not moved through their platform.
How Do Bitcoin Tumblers/Mixers Work?
The basic operation of a bitcoin mixer is to break funds into smaller sets and mix them subsequently with other transactions. The completion of the process is called Bitcoin Tumbling, because though the recipient gets the same value of Bitcoin sent, he receives it in different coins. This process hides the trail of the bitcoin and also obscures the link between the user and the specific coins.
Some of the best bitcoin tumbling services help you dissociate your identity from the Bitcoin you own. Using a bitcoin blender served your new coins which are disassociated from your identity, hence, helping you to regain your privacy in the crypto space. These services only cost a minimal fee, and it helps you avoid the BTC tracking services out there.
Outside these services, there are some other ways to achieve anonymity with bitcoin. For example, there are peer-to-peer Bitcoin tumblers that serve as a go-to place for bitcoin users, but this means that all BTC users are coming together to form an exchange. How this works is that no one participating is aware of the BTC addresses used for sending and receiving in any given transaction apart from the mixer server.
What this guide is looking to do is to bring to your awareness the best BTC mixers in the crypto space that guarantee your identity protection and help you in achieving optimum privacy in the space. However, we must consider the reasons why people used bitcoin mixers and tumblers.
The Reasons Why Coin Mixing is Necessary
The crypto community, in the beginning, saw Bitcoin as a means of achieving anonymous financial transactions. But in favor of the recent massive adoption, more and more cryptos are losing their privacy features. This is to be compliant with the international and local regulations and laws that govern the operation of the assets. Just like centralized exchanges, most platforms need a form of verification before onboarding their users, and sadly, they often reveal it to third parties.
This is not a point of concern for most users and investors in the crypto space, but on a basic level, you might not want anyone to know how much BTC you own, how much you earn, or how you are spending your money. These are private matters as they can have adverse security implications.
However, to regain optimum privacy in the crypto space, it is essential to dissociate your Bitcoin from your identity, so you can spend your money without the fear of someone watching you, even regardless of where it came from.
The Best Bitcoin Mixers and Tumblers in the Crypto Space
It is a matter of necessity to say that putting this guide together doesn’t in any way endorse criminal activities, neither does it offer legal advice on finance-related matters. With that said, below are the best BTC mixers and tumblers available.
- Blender.io
Most platforms, irrespective of the niche and industry, are judged by their user-friendliness and security, Blender.io is one approved based on these two factors. It is very easy to use for beginners who are just starting exploration. Blender.io is one of the best BTC mixers out there as it doesn’t require any technical knowledge to use. This is made possible because of its simple user interface that allows easy interaction.
The platform also allows the users to input the service fee they can afford while it welcomes a reasonable minimum deposit fee which allows you to experiment with their services before going full-scale.
Also read:Users on this platform can also make use of VPN and can also choose a random delay for their transactions. Also, users can only send or receive mixed coins after attaining three blockchain confirmations.
The range of service fees required by Blender.io is between 0.5% to 2.5%, but users have the liberty to choose how much they are willing to pay. however, users are advised to use different percentages for different transactions. This is to avoid the suspicions that the transactions were facilitated through a BTC mixer.
Among the benefits of Blender.io is the “No Data Retention” policy. With this policy, you can be sure that the platform is purged every 24 hours to get rid of all transaction data. Also, the platform offers a letter of guarantee that ensures that the address has been generated through their servers. With Blender.io, you can use up to eight BTC addresses to further increase the difficulty of tracing the transactions. That is to say, the more addresses used in Bitcoin mixing, the more the transactions become difficult to trace. Lastly, they offer a fast payout, because the transactions are only required to go through three blockchain confirmations unless the user delayed the transaction for protection.
- ChipMixer
ChipMixer is a BTC mixing service that prides in the safety of the user data from the blockchain tracking software. Some even compare it to the secretive banking system in countries like Panama and the Bahamas.
The bitcoin mixing service uses several pre-funded BTC wallets to handle transactions run through the platform. Engagement with the services gives users chips as a receipt, and for them to achieve an extra layer of security, they can further split, bet, donate, or merge any chip they have. It is good to mention that the ChipMixer doesn’t run like a casino, though users are allowed to use their chips to bet. They can get double or nothing the number of chips they wager.
One of the features of ChipMixer is the difference between the output and input of a transaction which consolidates the privacy attributed to any transaction.
The betting and donating function of the mixing service run exactly on the principle of splitting and merging. It is also good to say that the mixing service doesn’t charge any transaction fee, but they accept donations. Also, anytime users withdraw funds through the service, they are given a private key to swap addresses. This helps them obscure their withdrawals from being logged on the blockchain.
The chips on the ChipMixer platform are available in different sizes and they increase exponentially in the power of two (i.e., from 0.01 BTC to 0.02 BTC to 0.04 BTC up to 4.096 BTC). Moreover, transaction logs on the platform are preserved for seven days while there is no offer of a letter of guarantee.
The benefits attached to using ChipMixer include the ability to use a pre-funded wallet to deliver your funds which makes the trail permanently concealed. Also, the platform runs a donation-only mixing service which helps users avoid extra transaction fees.
- FoxMixer
FoxMixer runs an algorithm that replaces and mixes coins automatically making it very difficult for anyone on the blockchain to track the trail of the transactions. The algorithm mixes the BTC sent by users in a pool of coins before distribution. Alongside the mixing, the platform also monitors the volume of the transactions to determine whether to shift the payout.
While blockchain analytic firms leverage on nodes in different countries to track the origin of a transaction on the blockchain, FoxMixer gives its users an option to randomize the origin of their coins, hence, making it so difficult to trace the origin of the coin to the users’ IP.
In terms of transaction fees, the platform has a flat service fee of 0.001 BTC charged on every output BTC address used, plus a 1% fee charged from the transaction.
The benefits of considering FoxMixer include its standard “No Retention policy” like blender.io that sees the platform purge the transaction data stored every 24 hours. Also, they offer a letter of guarantee and also offers their users random transactions based on the current trading volume in the market to ensure that the transaction being processed blend in.
- UltraMixer
One of the best bitcoin mixers in the crypto space is UltraMixer which is known for the high level of confidentiality employed in facilitating the mixing of BTC addresses for transactions. The commission charged by the platform is relatively small and it is charged after the confirmation of the payment. Also, transactions run through the mixing services are very reliable and fast. Above all, there is no data log as all transaction data is wiped immediately.
The pool of cryptocurrencies on UltraMixer is so large that you can send nearly any amount. Instead of processing your transaction with your Bitcoin address, the platform takes from the funds in the pool and replenishes the pool with your funds. This setup runs automatically as the coin reserve is replenished instantly.
For every Bitcoin address used, UltraMixer charged a flat fee of 0.002 BTC and 0.5% on the total transaction run through the mixing service.
The benefit attached to using the UltraMixer Mixing Service is the high level of confidentiality attached to every transaction facilitated through the service. Also, transactions on the platform are performed swiftly, and the platform doesn’t hold your transaction data. To cap it all, it offers a letter of guarantee.
- SmartMixer
SmartMixer forms a pool with your bitcoin, and the ones deposited by other users and the processed bitcoins will eventually have nothing to do with the ones you deposited. Since huge transactions are running through the service daily, anonymity is guaranteed at any time.
SmartMixer offers both fast and delayed payout option for their users and every transaction are marked as completed after two blockchain confirmations. For the delayed payout option, more confirmations between 5 to 24 are needed. This random delay increases the anonymity promised on the platform for the transaction.
Apart from the 0.5% charged on every transaction, SmartMixer also charges 0.0001 BTC as a flat fee on every payout of bitcoin addresses.
Highlighting the benefits in comparison with other mixing services, the services fees of SmartMixer are relatively lower, and transactions run through the service only need two confirmations to be completed.
- Anonymix
This bitcoin mixing service helps users to obscure their identity. When you send your bitcoin to the service, they will send it back to a new address with every connection to your identity broken. On the platform, there is an option to send your funds to more than one BTC address per time and to also delay your payments.
The quick mix option of the Anonymix mixing service allows you to send your coin with just one confirmation on the blockchain. Also, you can add another layer of security by opting for the random delay option.
The mixing service mixes bitcoin up to 180 BTC, and you can deposit funds from different wallets to facilitate one transaction, while you can also use one transaction to serve about five bitcoin addresses. After each transaction, the service offers you a chance to wipe the transaction data log instantly.
Comparing Anonymix with other bitcoin mixers, it stands out with its ability to handle a larger volume of BTC and also offers a certificate of origin for your bitcoins. Lastly, as mentioned before, users have the option to delete the transaction data themselves immediately.
- CryptoMixer
Just like Anonymix, CryptoMixer is also built to handle a large volume of BTC transactions. Also, the platform is built with input from a crypto community called BitcoinTalk. While the service offers a letter of guarantee, they ensure every transaction remains safe and untraceable.
The platform is built to ensure the obscurity of user information from third parties, and it doesn’t log transaction data. The crypto reserve of the mixer is more than 2000 BTC and this implies that users don’t need to wait for others before processing their funds.
The fees charged by the mixer have been recorded to be one of the lowest on the list as it charges 0.0005 BTC plus 0.05% on every transaction moved through the mixer.
The benefits of CryptoMixer include the letter of guarantee offer, the zero-log policy, and its ability to handle larger volumes of BTC.
- Mixer.Money
Mixer.money works like a BTC blender that splits funds collated from each user into smaller bits and mixes them thoroughly with funds from other users. By implication, the coins sent to the new address are in smaller payments and they are untraceable. However, all transaction data are wiped after 48 hours.
Users don’t need to register before using the Mixer.money platform, and the range of BTC you can mix is around 0.003 to 50 BTC. The service fee charged by Mixer.money is a flat fee of 0.0007 BTC for every output address plus 4-5% of the total transaction.
The benefits of Mixer.money lie in its TOR friendliness and the swift services it offers.
Are Bitcoin Mixers Legal and Secure?
Currently, there is no specific law that prohibits bitcoin mixers. Moreover, there is no ground to claim the bitcoins sent from mixing services are illegal because there is no evidence to prove otherwise.
Knowing that there are tendencies of the bitcoin mixing services being used for money laundering, darknets markets in the U.S. that operate these services can be charged and punished.
But when it comes to safety and security, one of the first things to pay attention to is that bitcoin mixers don’t request any personal details that can create any form of link with your BTC address. The main purpose of BTC mixers in the first place is to ensure privacy and optimal anonymity. This means that any bitcoin mixers requesting such personal details that could reveal your identity are questionable.
Conclusion
With this guide, you must have understood better the work of bitcoin mixers and what are the best ones in the crypto space currently.
When it comes to selecting the best BTC mixer, you need to first understand what your needs are because there are variations in the benefit of the mixers. Of course, all of them promise a high level of confidentiality and anonymity, but they all have different features.
You will want to consider the amount of BTC you want to send, the number of addresses you want to send to, and more importantly the affordability of the fees with regards to the futures you are looking for in the mixers.
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