John sent X amount of Bitcoins to Adam. Guess what, the exact amount of Bitcoins sent, the time when they were sent and other details related with the transaction are public-knowledge! It takes seconds to simply search for the transaction ID on the Blockchain and get a hold of a lot of private data. That’s what this Bitcoin Mixer review aims at solving.
You don’t have to be a criminal or a tax-evader to use a Bitcoin Mixer. Anyone with basic sense and need of Privacy is the perfect fit for someone who needs a Bitcoin Mixer.
Bitcoin Mixer Explained
The subject of this Bitcoin Mixer Review is named “Bitcoin Mixer” as well, not very subtle with their job eh? So we can explain what a Bitcoin Mixer in general is, as well as what this company of ours does.
In the simplest of words, a Bitcoin Mixer is a platform that accepts your BTC, co-mingles them with other BTC, and sends you a new set of Bitcoins completely unrelated to your input.
So you can use these new coins you received in any way you see fit. They can’t be linked back to your original coins because you don’t own them anymore.
Bitcoin Mixer Overview
Let’s make things easier for you. Here’s an overview of the company, with all its primary features before you get deeper in this Bitcoin Mixer Review:
So how much of an “expertise” do you need exactly in order to mix your coins? Not much. The interface is pretty straight-forward, and comprises of nothing more than a couple fields to fill up.
Everything else which can be customized for a mix is easily understandable and indicated. Clicking on the “Add Address” button adds one more address for the output.
The time-delays too are indicated on the right-side, and a choice for the same can be easily made.
Even the deposit page is pretty simple. A deposit address is displayed, along with all the other customization made to the output. This transparency helps us avoid any mistakes before finalizing the deposit.
Fund-Distribution
We just said the funds can be broken down into multiple parts, didn’t we? But who decides which address gets how much of the funds exactly? Fortunately, it’s you (the user).
Right on the mixing page, a user can input the exact % of funds they wish the corresponding address to receive. Comparatively, this is a rare feature most other mixers either do not allow customized distribution, or do not let users specify the distribution.
So all in all, so far it seems like a pretty feature-rich Bitcoin Mixer, doesn’t it?
Time-Delays
What’s better than sending your clean coins to multiple addresses? Sending them at different time-intervals, and not all at the same time.
By doing this, you get a three-layer disconnect from your initial input and the cleaner outputs. First the addresses differ, then the amounts in each address differ from one another, and then the time when they receive these amounts differ!
Bitcoin Mixer allows users to choose from a number of pre-specified time-delays. Rapid, 1 Hour, 2 Hours, 4 Hours, 8 Hours, 12 Hours, and 24 Hours are the available choices.
Earlier, the mixer featured an Instant delay option. It now has been changed to Rapid. Note that only the term has changed, not what the option does. In other words, choosing Rapid marks the mix for zero delay. So as soon as the mix reached the minimum required confirmations, its sent out. The confirmations, as mentioned later in this Bitcoin Mixer review depend on the mixing-amount.
What I liked best about Bitcoin Mixer is, it allows users to choose the delay for each individual output address. While most other similar companies out there do not offer such liberty.
Minimum-Maximum Mixing Limits
Do you need to mix Millions of Dollars? Fortunately not. Bitcoin Mixer is one of those mixers which accommodates the needs of even the average users.
The lowest deposit which is accepted and mixed is just 0.0002 BTC. Which by today’s rates is just USD $1.57. I doubt I’ve ever seen a mixer which accommodates lower deposits than this to be honest.
As for the maximum limit, there’s some confusion. The mixer on the deposit page mentions a “Maximum deposit” of just 1.0 BTC. If that’s true, the limit is pretty low. Because well we’ve seen mixers offering 200 BTC+ Mixes.
But then again, just below the 1.0 BTC limit, it also mentions that it requires 6 confirmations for 20 BTC+ deposits. This should technically mean the mixer accepts mixes bigger than 20 BTC.