Sinbad Bitcoin Mixer Review
This is a new Bitcoin mixer that seems to offer more than what most mixers do.
Is it the best crypto mixer then? Well, you get to decide that once you go through this very detailed Sinbad review.
In this piece, weβd discuss the output addresses, time-delays, fund-distribution, anonymity, privacy and so much more.
This review is 100% objective. Iβd only lay out the features being offered for you and then you can decide how it works for you.
What is a Bitcoin Mixer?
A Bitcoin mixer is a service which βcleansβ your Bitcoins. It de-links the source, and the destination of your coins.
The Bitcoin ledger is public information. Anyone can see the sending and receiving addresses for any transaction. So, if the source of your coins is dirty, or the destination isnβt legitimate, it can be traced back to you.
Bitcoin mixers help you avoid that. They take your coins regardless of your source, and give you new coins completely unrelated to the coins you sent them.
You can spend these new coins anywhere you please, without worrying about this being linked to your original coins.
Sinbad- A brief overview
Before we start, hereβs a glimpse of everything you can expect from the mixer:
- Clearnet website: https://sinbad.io/
- Tor URL: http://sinbadiovkigdbafpqvwfwjh2tfrisahtxmrskiovt62nirragcnkcad.onion/
- Output addresses: 10
- Time-delays: Manually controlled for each address
- Fund-distribution: Manually controlled for each address
- Minimum deposit: 0.001 BTC
- Fee: Minimum 0.5%; user-controlled.
Make your bitcoin anonymous witout any dark trails with sinbad!
If these features seem alright to you, letβs get you some clean Bitcoins right away!
10 output addresses
Sinbad offers one of the highest number of addresses any mixer offers in the industry.
You can send your clean coins to 10 different addresses.Β This serves more than one benefit.
For starters, you now have your funds in 10 different wallets. None of those 10 transactions can be linked to your original coins, or even to each other.
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Then, the βamountβ in each of theses addresses is obviously different from Β your original deposit. It will 100% be less than your original deposit as now itβs broken into multiple parts.
Hence, no oneβs linking your original $10 deposit to a random $3 in a completely different wallet!
The third and more important benefit is additional randomization. For each of these addresses, Sinbad lets you add extra delay. That has its own benefits as Iβll next discuss.
User-controlled Time-delays
As I just mentioned, you can add your own delays to each output.
This means, you can set the time-difference between your original deposit, and the clean output you receive, for every single address separately.
If you sent your clean coins today, you can set your first output to be in X hours, your second output to be in Y hours and so on.
Not all mixers let their clients set the required delays manually. They either randomize this or let you select the βfirst delayβ and then do what they want for the rest. Sinbad clearly offers more control.
This helps further break links between your deposit and the new coins in any of these addresses.
The minimum delay you can set is 0 hours (this will result in an immediate output). The maximum allowed delay is 24 hours.
User-controlled Fund-distribution
This is another feature that makes Sinbad one of the best mixers in the industry.
Sinbad lets you choose the βdistribution of fundsβ for each address manually.
This means you get to choose exactly how much fund each of these addresses receive.
Thereβs a slider that lets you adjust the distribution in real-time. You move the slider and the distribution changes live so you can see which address is receiving how much of your total funds.
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Just in case youβre new to the whole mixing thing, βnoβ, fund-distribution isnβt a feature all mixers provide by default. So yes, it does deserve extra stars for this!
User-controlled fee
Isnβt it great if a company lets you choose exactly how much you wish to pay for its services? Sinbad is that company. Although letβs be honest, this is a common practice in the mixing industry, still impressive nonetheless.
Obviously, thereβs a minimum fee. It has to be at least 0.5% of the transaction.
Why would then you choose to pay more? Anonymity! You heard that right. Given how 0.5% is the minimum, a lot of users may be using this exact fee for all their mixes.
This creates a pattern and an in-depth analysis may get an idea of whatβs going on. Do note that your transactions are still 100% safe and de-linked even if you use 0.5% every single time.
However, itβs better not to give anyone any ideas, isnβt it? Even if you increase it just by 0.1% thatβd do the trick. It just has to be different and random, thatβs the goal.
The maximum fee you can manually pay is 2.5% for each transaction.
Mixing code
This is a safety mechanism that most mixers use. So, any coins that are sent to the mixer arenβt instantly sent out and rather kept with the mixer, right?
So, for each mix, you get a βmixing codeβ. The next time you mix your coins, you should enter your mixing code.
This tells the mixer that person X (the person who has the code) has already sent the Y coins in their pool. So, they will never send out the Y coins to your new mix as the mixing code was generated during the Y coin deposit.
LoG (Letter of Guarantee)
The company obviously doesnβt require you to βsign upβ for anonymity reasons. How then can you keep track of your mixes?
Well, the mixing code is certainly something that Β helps you link yourself to your coin without having to share your name or any other detail.
Now, the company also offers a βLetter of Guaranteeβ on each deposit page (the page where youβre shown the deposit address).
Itβs basically a PGP-signed message which proves that youβre the true depositor for any said transaction.
This also ensures that the company canβt deny receiving your funds. The LoG proves that the displayed address is actually from Sindbad. The deposit can easily be proven via Blockchain.
Both clearnet and Tor versions
Sinbad is one of the very few mixers in the industry that offers two modes of access.
You can use it both on the clearnet, as well as Tor.
Using it on the clearnet gives you more accountability but almost no anonymity (unless you use a good VPN). However, this makes it easier to access even for those who donβt have a lot of experience with Tor.
The Tor version offers you a lot more anonymity, even without the VPN. Obviously, the VPN makes you completely invisibleβ itβs still not 100% mandatory.
Minimum & maximum mixing amounts
Like any other good mixer, Sinbad too obviously has minimum & maximum coins you can mix.
The smallest amount you can mix is 0.001 BTC. The maximum amount you can mix is about 100 BTC/transaction.
If you do send funds lower than the minimum allowed limit, theyβd be considered donations and not refunded.
The maximum limit obviously keeps changing depending on the available resources, however, itβs generally about that much.
All deposits are confirmed only after a minimum of 5 confirmations.
Support
What if you mess up the mix? Maybe sent more than you wanted to? Your mix isnβt displayed?
Well, the company does have an e-mail support. You can send your questions to support@sinbad.io and theyβd revert back to you.
You can also use their BitcoinTalk page. Thatβs generally active and then youβd be able to receive help not just fromΒ Sinbad team but also other community members.
Caution: Be very careful about what you share with βcommunity membersβ.
Sinbad mixer review: Is it the best?
So, is Sinbad the best Bitcoin mixer in the industry? Well, it certainly is βno lessβ. Thatβs because thereβs almost no feature that the best mixers offer which Sinbad may have missed.
You get 10 addresses, 100% control over distribution/ delays and even a clearnet version.
In fact, even some of the best mixers miss out on quiteΒ a few of these features. So yes, for now, Iβd say Sinbad may very well could be one of the best mixers on the planet.
If youβve got coins youβd like to get cleaned, get off this Sinbad mixer review and give it a try.
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