Our Score
SmartMix Review
User Review
Summary

All in all, SmartMix is one of the best Bitcoin mixers in the market. It is one of the few mixers that could mix Bitcoin cash in their platform. It also has one of the fastest payouts among others which gives them an advantage, especially for users who need instant Bitcoin payments. However, the only problem with the platform is that it charges a little high as compared to its competitors and this rate is not much welcoming to those who have low funds in their wallet. The platform also doesn’t sign any form of guarantee, which is a bummer, but this is compensated by its good reputation in the Bitcoin community.

Overall
85
Pros
  • Logs are deleted after 24 hours
  • Most popular cryptocurrencies are available: Bitcoin, Bitcoin Cash, Litecoin
  • Site is available by TOR Browser
Cons
  • Ethereum is not available
  • No Letter of Guarantee
  • Not the lowest fee

What is SmartMix?

SmartMix is a Bitcoin mixing service that allows users to exchange their coins for random coins from their reserve pool. This process breaks the continuity of the transaction chain and provides users with new layers of privacy when making Bitcoin transactions. People who are using Bitcoin and Bitcoin Cash can use to service in order to randomly send new, untainted coins/cash to their recipients without other people linking those transactions to the user’s Bitcoin identity.

There are several features that SmartMix is offering in order to increase the level of anonymity of their users when making transactions. One of these features is the delayed payout option which allows the user to set a specific time and date to send their fresh coins to their recipients. Another one of the advantageous feature that SmartMix offers its users is payout to multiple address, which sends the Bitcoin to a user by dividing the sum into smaller amounts and sending them to different addresses to isolate each transaction from each other.

Mix your coins with SmartMix

SmartMix Features

SmartMix is a Bitcoin mixing service that allows users to exchange their coins for random coins from their reserve pool. This process breaks the continuity of the transaction chain and provides users with new layers of privacy when making Bitcoin transactions. People who are using Bitcoin and Bitcoin Cash can use to service in order to randomly send new, untainted coins/cash to their recipients without other people linking those transactions to the user’s Bitcoin identity.

There are several features that SmartMix is offering in order to increase the level of anonymity of their users when making transactions. One of these features is the delayed payout option which allows the user to set a specific time and date to send their fresh coins to their recipients. Another one of the advantageous feature that SmartMix offers its users is payout to multiple address, which sends the Bitcoin to a user by dividing the sum into smaller amounts and sending them to different addresses to isolate each transaction from each other.

Other features

SmartMix is one of Bitcoin mixing platforms that offer fast payout options to their users. With this mixers, users can receive/send the processed (mixed) coins after only two (2) confirmations. As earlier mentioned, users can also choose optional preset or random delay to add extra layer of anonymity to their transactions.
Using multiple Bitcoin addresses when making transactions is one of the golden rules of Bitcoin privacy. This is the reason why SmartMix allows users to set up to five (5) payout address and manage the distribution of outputs to these addresses in order to isolate each transaction from each other, making it harder for those who are tracking the transactions hard to link them to each other.
When you go to the SmartMix website, you can immediately make a mixing transaction even without creating an account with them. This is because by creating accounts, you will be linking your own identity to that account, so it’s better not to.
SmartMix also automatically deletes all their logs every seven days after transactions were made. By deleting the logs from their servers, users can be assured that in the event that the mixer is compromised, their transactions would not exist there anymore. The reason why they are keeping those logs for seven days is to give them a copy of transaction whenever the user needs support.

SmartMix.io - how much is the fee?

SmartMix has a pretty straightforward and transparent payment structure. They charge 0.5% for every transaction on top of 0.0001 BTC or 0.00005 BCH per payout address.

How long does a mixing take on SmartMix?

As earlier mentioned, using SmartMix gives you the option of having fast or delayed payouts. Which one of these two options you choose depends entirely on your preference. Fast payouts start right after they receive two confirmations after your deposit payments. Once these confirmations were received, the mixed coins will automatically be deposited to your payout address in almost real-time.

On the other hand, if you want you to increase the level of anonymity in your transactions and if you do not need instant payouts, you can also choose to delay the payout between two to 30 confirmations.

What is the minimum/maximum deposit limit?

It very important to discuss the minimum/maximum limits set by mixing platforms because users have different financial capabilities to maintain these limits. In the case of SmartMix, they have a fixed minimum deposit requirement of 0.001 BTC. Note that deposits of any lower amount than this will be considered as donations and are not refundable or reusable with a second transaction.

SmartMix has not specified its maximum deposit limit, tho. This is because the maximum deposit totally depends on the mixer’s reserve at the time of the mixing. Nonetheless, the platform will always show what is the maximum limit every time on their deposit page.

Why use SmartMix?

They have a good overall reputation

In the online world, reputation is key. When choosing the Bitcoin mixing service to use, you should always look at the reputation of the platform you are checking at. The reason for this is that their reputation is somewhat a guarantee that they won’t swindle you out of you deposited coins. SmartMix is one of the platforms that has built a good overall reputation within the Bitcoin community.

You can check your mixing transaction after you made one

Everytime a user initiate a mix, SmartMix will generate a Mixing Key. This key will be used by the user to track the progress of their mixing transactions. However, the mixing key is only available to use within the first seven (7) days of the transaction because the platform deletes all logs after that.

The mixing key is useful to the user because it serves as their identity while using the mixing platform. It is used to check order status, as well as getting in touch with the support team. It also serves as a control mechanism when contacting the support team because information relating to a transaction will only be divulged to users who can successfully present the mixing key associated with each order.

They have an awesome loyalty program

For users who repeatedly use SmartMix in mixing their coins, the platform will generate a unique SmartClub coupon which can later be redeemed as a form of discount in the next mixing transaction a user initiates. They can get up to 90% discount on the service fee when they specify the code while using the platform to mixing Bitcoin or Bitcoin cash.

The discount is based on the volume of mixes in each code. Users who have mixed amounts between 0.1 BTC to 0.2499 BTC are entitled to a 5% discount on the service fee. Of course, the discount increases as the mixing amount increase as well. However, it is important that this discount is only applied to the 0.5% for every transaction service fee and it does not cut down the fixed fee of  0.0001 BTC or 0.00005 BCH per payout address.

What are the disadvantages of SmartMix?

They don’t have a signed guarantee

Having a signed guarantee is very important especially if you’re dealing with huge amounts of BTC. Not having a signed guarantee means that there is no way you can go after the mixing platform when some issue arise. Unfortunately, SmartMix does not require any form of contract when using their services.

The fee is acceptable but is not welcoming

The fee that SmartMix charges is a reasonable one. However, some users may find that this fee is more than what they can afford. For reference, they charge charge 0.5% for every transaction on top of 0.0001 BTC or 0.00005 BCH per payout address, which is slightly a higher rate than its competitors.