I have been following the sinbad avatar campaign for 3 weeks. Today I just understood that in some cases, hiding bitcoin transactions may be necessary to protect our privacy from the public or for certain purposes. I have never had experience using a mixer, and if I may ask. How much does it cost for one mix? Service fees and network fees. Maybe I want to try it
Sorry, maybe my question is very basic, but I have no experience with mixers and I don't have much bitcoin so I thought I'd find out the actual costs involved. I hope those who answer have experience using a Sinbad mixer
Actually, you can calculate the fee of mixing your BTC in sinbad on the website. You can choose the amount you want to pay for the mining fee from 0.5 % - 2.5 %. This will determine the priority of your transaction (meaning how fast your transaction will be processed) + sinbad charges a 0.0002 BTC service fee.
You can see a sample calculation by clicking on the calculator on their website.
Can you provide an overview of real transactions? For example, I want to mix 0.002 btc, what is the total cost I have to pay for network fees and simbad service fees? Do network costs also depend on network density?