SmartMixer Review | Safe Bitcoin Mixer Service?
Imagine you are buying goods online using cryptocurrencies hoping that you are completely anonymous and your identity is hidden from the other users and the third parties. However, a blockchain that claims to be completely decentralized and promises to safeguard the anonymity of users have certain loopholes.
All transactions done in cryptocurrency are recorded in the blockchain network which is an open-source technology. As such, a user or a third party can easily trace all your transaction history and your funds simply by tracking your wallet address.
This is where SmartMixer.io comes in. It aims to resolve this issue by guaranteeing complete anonymity to the user’s identity by mixing up the wallet addresses of all the users in the platform and their crypto coins.
What is SmartMixer?
SmartMixer can be defined as a cryptocurrency mixing platform that provides complete anonymity to the users and safeguards their funds.
SmartMixer mixes the cryptocurrencies and bitcoins of all the users making it untraceable and very difficult for third parties to track down the funds of the users. Tracking down an address or transaction becomes very difficult and almost impossible and curious people ultimately give up.
How does SmartMixer work?
SmartMixer simply mixes up the wallet addresses in the platform and makes all your transactions and identities completely untraceable. Here are a few steps that will help you to understand how the process works:
- First, log in to the SmartMixer website.
- Enter your wallet address.
- Give the destination address where you want to send your cryptocurrencies. The more addresses you provide, the more secure your transactions will be.
- Enter the fees and the delay time for the transaction. It should be noted that high fees and delay duration guarantee more anonymity to your transactions.
- The platform will now mix your cryptocurrencies.
- You need to approve the confirmation 3 times to complete the process.
- After the completion of the process, you get clean coins.
Type of Mixing Pools
There are three types of mixing pools.
The Standard pool is cheaper compared to the other pools. Here, the mixer mixes your funds with the funds of the other users. If you do not select the type of pool, then the platform will select Standard Pool by default. This is the most basic form of mixing that is available on the platform.
The Smart Pool mixes coins from three sources – the Standard Pool, the SmartMixer reserves, and with the coins of the incoming clients. This ensures more safety and security for the funds of the users.
Stealth Pool offers maximum security than the other two pools. It mixes the coins with the SmartMixer reserves and the coins of the other investors.
Which coins do SmartMixer support right now?
The SmartMixer currently is available for the following cryptocurrencies:
- Bitcoin Cash.
- Ethereum is soon to be introduced on the platform.
SmartMixer charges a percentage fee for carrying out the transactions and a miner’s fee. The percentage fee or service fee is variable and depends on how much you are willing to pay to maximize your anonymity. In other words, the more you pay the more are the chances of confidentiality.
On top of the percentage fees, users have to pay a miner’s fee that is compulsory and is not in the hands of the organization.
The minimum service fee for Bitcoin, Litecoin, and Bitcoin Cash is 1%. However, the miner’s fee depends on the receiving address to which you are sending your coins.
Miner’s fee for:
- Bitcoin is 0.00045529 BTC.
- Bitcoin Cash is 0.000273174 BCH.
- Litecoin is 0.01072904 LTC.
Highlighted Features – SmartMixer Review
- SmartMixer is 100% anonymous. After the successful mixing of coins, the platform will immediately delete all the transaction details. The link to the transaction will be deleted within 24 hours after completion of the transaction. The user can also manually delete the link.
- No sign up is required. SmartMixer does not ask you to open an account on the platform nor do they ask for any personal details. This provides complete anonymity to the users.
- Smart Referral Programs. This is another unique way to earn cryptos in the platform. Users can earn cryptocurrencies by referring their friends to use the services of the SmartMixer. They can send the referral links to their friends and can earn a commission of a maximum of 70% on every mining operation that their friends participate in the platform.
- Round-the-clock customer support. The customer support service is very strong in the SmartMixer platform. Users can ask the customer service for help anytime they want. They are available 24/7. There is a “Support” button at the top right hand corner of the screen. You can press the button and a dialog box will open. Leave a message or query and the support team will get back to you in due time. However, you have to add the “Letter of Guarantee” to avail of this benefit.
- Simple Interface. The SmartMixer interface is very easy to use and the services are instant.
- The “Letter of Guarantee”. The platform will issue you a “letter of guarantee”, a written authentication validating that the receiving address is genuine. This letter is issued by the bitcoin server and can be used later if there is any dispute regarding the transaction.
- The Smart Code. This is another unique feature of the SmartMixer platform. You receive this link while you are mixing the coins. This can also be used in the “Smart Code Loyalty Program”. You have to enter the code while mixing the coins to earn rewards.
- Availability of the Tor browser. Now you can also access the services with the help of the Tor browser which ensures utmost security and privacy to the users. The Tor browser hides the IP address of the user and provides security to your wallet address.
How to use?
Is is Safe?
Like any other crypto related services risk factors are also involved in using Bitcoin Mixer services. That’s why it is always recommended to use a poplar and trusted service. SmartMixer is a popular crypto mixing service which can be trusted. As claimed, they have made more than 40k transaction till date with a daily crypto volume is more than $1M.
Overall, SmartMixer is a reliable and trusted platform where you can trade with utmost confidentiality while securing your funds. The only disadvantage of this platform is its service fee which is 1% and is slightly higher than the other platforms. Apart from that, the platform has a simple interface and several unique features that make it one of the most preferred crypto mixers in the market.