- Cryptocurrency transactions are not completely anonymous or untraceable, as the details of each transaction can be accessed by anyone on the internet. For those who prioritize privacy, tumbling or mixing cryptocurrencies is recommended.
- Tumbling eliminates the origin of transactions and mixes or removes wallet addresses to keep privacy.
- The three most popular ways to tumble Bitcoins are the CoinJoin method, using hardware/anonymous wallets, and using mixing/tumbling services.
- The best tumbling/mixing services available online include CryptoMixer and Blender.io.
One of the aspects for which cryptocurrencies gained popularity all over the world was the anonymity they offered. All crypto transactions that are conducted via blockchain seem to be anonymous and untraceable, but it is only true to some extent. Broad details of each transaction that takes place on a Blockchain can be accessed by literally anyone on the internet. There are ledgers that allow you to see the transferred amount, exact transaction time, sender’s wallet address, receiver’s wallet address, and much more. That is where most organizations, entities, and individuals feel violated of their privacy, and it becomes necessary to take possible precautions to keep all the info private.
For that, the best and the most feasible option would be to tumble Bitcoins or other cryptocurrencies to eliminate any traces of the transaction along with its origins. But how do you tumble Bitcoins and what are the best methods to do it? This article will help you consider the various options.
Why should you tumble Bitcoins, and is it necessary?
Bitcoin tumbling is certainly not something that you “must” do to use cryptocurrencies, but if you are privacy-conscious and do not want any of your payment details to be available worldwide, then it becomes necessary to tumble Bitcoins. Bitcoin tumbling comes with a lot of benefits, which are mentioned below:
- The origin of any Bitcoin transaction is exterminated entirely so that there would be no chance of tracing a wallet through a particular transaction.
- The sender’s or receiver’s wallet address is mixed or removed to retain privacy.
- No investigation would be able to take place on your crypto wallet as all the transactions would be anonymous and hidden.
- You can transfer as much crypto as you want and make purchases without disclosing any of your personal info or link to your personal profile.
- No chance of seizing your assets or locking them down, creating massive hurdles for you or your business.
The three best ways to tumble Bitcoins
The following are the easiest, simplest, and most hassle-free ways of tumbling Bitcoins. It is recommended to explore all the options and then decide which method works best for you.
When it comes to Bitcoin tumbling, the CoinJoin method is quite popular and preferred by most crypto users due to the mechanism it follows. Just like its name suggests, the CoinJoin method simply combines or mixes the transactions of multiple users, making it very difficult or even impossible to be traced or located by anyone.
The way the CoinJoin method works requires multiple crypto users to join the transaction and take part in it to complete it successfully. Even if one single participant in the transaction group refuses to join or does not sign, the transaction won’t be processed, and you will have to go individually for your transaction. There are a lot of services available on the internet that brings together users who want to use the CoinJoin method. That is where you can find suitable participants or join a specific group yourself to fulfill your transaction with the help of others. But again, you will have to make sure everyone signs up for the transaction if you want it to go through.
Another great benefit of CoinJoin methods is that you get to divide the network fee with others rather than paying the whole amount yourself. This way, it can also be cheaper for you to process your transactions and avoid massive network fees that can reach sky-high sometimes.
Another great way of tumbling bitcoins is to go with hardware crypto wallets or anonymous wallets that will ensure the privacy of your bitcoin transactions. If we first talk about hardware wallets, these types of wallets tend to generate a new wallet address every single time you want to make a transaction. This way, no one will be able to trace the history of your transactions or see how much funds have been transferred before and to whom. Some of the best hardware wallets are Ledger Nano X (read review) and Trezor Model One (read review).
When it comes to anonymous wallets, they are mostly integrated with built-in tumbling features and impressive encryption to keep your transactions protected and safe. The best thing is that there are many anonymous wallet services available that can be used even on your mobile devices, making things even easier.
The last option that is left for you to explore is mixing or tumbling services that have recently gained much popularity in the crypto industry. Mixing or tumbling services come with a proper platform or website where they provide their services and make sure that your transactions are protected and anonymous. In case you are wondering how tumbling services work, they simply remove the origins of your Bitcoin transactions by providing their clients with a mix of new Bitcoin transactions. This procedure tends to mask up your BTC transactions and make them untraceable due to the inclusion of several transactions.
What are the best tumbling services available online?
Following are the best tumbling or mixing services that are available online, and you can opt for them to mask up your Bitcoin transactions.
CryptoMixer is a popular bitcoin tumbling service due to the fact that it is fast, efficient, and relatively affordable than the market. CryptoMixer has a set fee depending on the BTC amount you are going to tumble. The fee at CryptoMixer starts at 0.45% + 0.0005 BTC for every transaction and can be as low as 0.25% in case the total tumbling value exceeds 1000 BTC.
Blender.io is another Bitcoin tumbling service that comes with a very user-friendly interface along with some options you might want to explore. The platform allows their users to create a gap between their transactions and make them look more authentic. The whole process of tumbling at Blender.io is quite fast and easy and can be done within a few clicks. The fee on the platform can be as low as 0.5% and can be as high as 2.5%, depending on the transaction amount.
BitBlender is a retro-style Bitcoin tumbling platform that feels a decade old. It is probably due to the fact that it was launched all the way back in 2013, and they have been up and running since then. But despite the platform design, they do offer what they promise in an efficient and easy way. BitBlender works in the same usual way of mixing Bitcoin transactions and making it impossible to trace them. BitBlender also contains different features that you can check out and use as per your preferences.
Hopefully you know have a better understanding of Bitcoin tumbling, why it is valuable, and how it can be done. Remember that it is always a good idea to take extra precautions when it comes to your own safety, security, and privacy. Sure, you may have to pay a small fee every time you tumble your Bitcoins, but it is worth it, considering the risks it is exterminating for you.
Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us.