Monero Mixer Tips

Smartmixer has this unique idea of using not only one, but three individual coin-pools. Coin-pools are essentially the coin-reserves which a mixer utilizes to send coins that are clean to users.

So when a user sends his unclean coins to Smartmixer, these coins are stored at an appropriate coin-pool, and the user is sent different coins from among the pools. These new coins are certainly not linked to the old coins sent by the user.

Users get to choose the exact coin-pool they’d like to obtain the coins from, it is dependent upon the service fee a user chooses to cover.

The three pools offered by Smartmixer are:

Standard Pool: The most frequent pool for any mixer. Comprises of coins from other users. Is the cheapest pool.

Smart Pool: Is the most volume-rich pool, since it includes of coins from other customers (standard Pool) + Smartmixer’s reserves + Investor’s money.

Stealth Pool: is not as volume-rich as Smart Pool, but is a lot more anonymous and»wash». Only holds coins from the company reserves and investor’s money. No unclean coin from different users has sent here. Also costs the highest service fee.

These pools are what impressed me most about Smartmixer (along with a few more features). What this establishes is that the brand new coins will be clean and anonymous, period.

But what about the different characteristics a mixer should offer? Let us take a look at them.

You might have discovered rather than calling it a»Bitcoin mixer«, I have been referring to it as the»Cryptocurrency» mixer.

That’s because it supports the mixing of a number of coins in addition to Bitcoin. Infact, it likely is the only mixer in the industry with such a varied mixing-portfolio.

Smartmixer.io lets users mix:

Bitcoin

Bitcoin Cash

Mixing services attempt to privatize cryptocurrencies by sending them via a huge chain of transactions involving various wallets. The process aims to obscure the origins of coins as well as the entity accountable for these when they come from mixing. Harmon’s mixers were only accessible via the dark web.

FinCEN claims that Harmon deliberately flaunted the provisions of the Bank Secrecy Act, the cornerstone of U.S. Anti-Money Laundering legislation. It was violations of the BSA which led to criminal charges against the executive group of crypto trade BitMEX before this month.

Harmon was arrested in February for operating a steady of tumblers, or mixers, that Washington, D.C. prosecutors allege constitute unregistered money services companies. Those charges against him state he laundered around $300 million in Bitcoin. In accordance with today’s announcement,»FinCEN’s investigation has identified 356,000 bitcoin trades through Helix.»