Bitcoin Mixer | Trusted Bitcoin/BTC Tumbler Reviews
Get the best Bitcoin Mixer for your anonymity. We’ve rated and reviewed the best Bitcoin Mixing services to help you find the most fitting Cryptomixer. Compare the top 10 BTC Tumbler companies and start protecting your coins!
fee for Bitcoin mixing
Anonymix.io is one of the best Bitcoin Mixing Services.
- Min. Deposit: 0.0015 BTC
- Max. Deposit: 286 BTC
fee for Bitcoin mixing
Btc Blender is a good Bitcoin Tumbler for beginners.
- Min. Deposit: 0.001 BTC
- Max. Deposit: 176 BTC
fee for Bitcoin mixing
BitMix allows users to mix Btc, Dash, and Ethereum cryptocurrencies.
- Min. Deposit: 0.0025 BTC
- Max. Deposit: 123 BTC
What is Bitcoin Mixer?
Bitcoin mixers act as a proxy between an exchange’s wallet and the user’s preferred storage wallet for the BTC they have purchased by mixing their BTC with a large pool of BTC funds from other users and miners. The user will receive the same amount of BTC in their storage wallet after completing the process. More users are willing to go that additional step through mixing to ensure their transaction remains fully anonymous and untraceable by anyone who may have got hold of their exchange (or receiving) wallet of the purchased BTC. Bitcoin is a ‘pseudonymous’ cryptocurrency, where anyone can see all immutable transactions through a blockchain explorer. This feature has bothered many people who value anonymity in their online wealth.
Top 5 Bitcoin Mixers: Ranking
What is Bitcoin Mixing?
Bitcoin tumbling, also referred to as Bitcoin mixing or Bitcoin laundering, is using a third-party service to break the connection between a Bitcoin sending address and the receiving address(es).
Bitcoin mixing helps you to disassociate any BTC you purchased from your identity. You send your coins to a Bitcoin mixing service; they take a small mixing fee, and after a random delay, they send you an equivalent amount of other people’s bitcoins to your new address.
In other words, coin mixing services take your cash and give you new currency to your secret identity so that it remains private.
How does a Bitcoin Mixer work?
Bitcoin tumbling (mixing) involves using a third-party service to break the connection between a wallet address sending coins and the addresses receiving coins. So if a person does not wish the whole world to know where they got their coins and to which addresses the Bitcoins are sent, then tumbling is the way to go. A provider of Bitcoin tumbling service is referred to as a Bitcoin tumbler.
Coin mixing will provide you with a certain amount of privacy by mixing your coins with other coins previously sent or in their reserve and sending different coins to the address you specify. When looking at the blockchain, one can see you sent your coins to a wallet. And that someone sent coins to the wallet you want sent, there will be no connection between your wallet address and the one where you want your crypto delivered.
Peer-to-peer tumblers appeared to attempt to fix the disadvantages of the centralized tumbling model. These services act as a meeting place for Bitcoin users instead of taking coins for mixing. Users arrange mixing by themselves. This model solves the problem of stealing, as there is no mediator. Such protocols as Coin Join, Shared Coin, and Coin Swap allow few users to gather to form one Bitcoin exchange transaction in several steps. When it is completely formed, the exchange of BTC between the participants begins. Apart from the mixing server, none of the participants can know the connection between the incoming and outgoing addresses of coins. This operation can be carried out with different recipients to complicate the transaction analysis. In contrast, newer coin implementations such as Cloakcoin, Dash, PIVX, and Zcoin have built-in mixing services as a part of their blockchain network.
Is It Illegal To Use Crypto Mixing Service?
Just like Bitcoin and the world’s most precious commodity – gold, Bitcoin mixers were created to address the privacy concerns among many Bitcoin users who wish to acquire BTC. Still, they would prefer to conceal their identity and prevent their transaction records from being publicly viewable. It is only fair to say that in this modern era of communication, where the world is hyper-connected digitally, people increasingly view privacy as a fundamental of human rights. A privacy right was established in the Universal Declaration of Human Rights (article 12) on 10th December 1948.
Inevitably, the appealing investable nature of Bitcoin has also attracted criminals and questionable regimes who benefit from any form of privacy, as they perform any illicit activity using Bitcoin. In some cases where Bitcoin is banned in certain countries, investors from these countries have also found Bitcoin mixers useful as they do not wish to capture the attention of their government just because they do speak the truth or hold a certain belief that may not be deemed as ‘legal’ in the country.
According to research by renowned blockchain analysis firm Chainalytics, cryptomixers are mostly used by regular Bitcoin users who value privacy and do not wish to risk their personal information being disclosed to unwanted entities or individuals. BTC that has been used for illicit purposes actually represents a minority of all mixed coins. Therefore, mixing services are not considered illegal by any means.
The Best Bitcoin Mixer Values Your Privacy
Bitcoin mixers exist to solve the pain point of people who worry about privacy and anonymity issues. The best Bitcoin mixer is one that is not only reliable but also works anonymously and is customer-centric. Although no account opening is required for such service, the trusted btc mixer will offer a warranty, in this case, a letter of guarantee, to protect your Bitcoin assets. Also, no one loves to be tracked by the government or individuals for their transactional activities; therefore, Bitcoin mixing services are an excellent option to complete a good Bitcoin buying process. As a new wave of people flocks to invest in Bitcoin before the upcoming Halvening, more people will realize the flaw in Bitcoin as a pseudonymous cryptocurrency.