MFAHAD REVIEW ABOUT SAFE MIXIN
First of all, I read all the necessary information about using Mixin Safe and its advantage and I believe that if those users who lost the recovery phase with a big fund are now regretting that if mixin safe was in our time, we would not have suffered such a great loss.
All I learned about Mixin Safe on their website is that the whole systems use three private key processes in which two keys will store by the user while one key will be stored by Mixin. Hardware wallet or mornin is used to save one key while family members who approve transactions store another while the third key will be stored by the mixin team and will be only unlocked when the address remains inactive for one whole year.
I opened the Mixin site on my desktop and there was a tutorial with an image of the setup Mixin safe. From this tutorial, I concluded that I have to use two other apps also(the Mixin app and Mornin app).
Mornin:This app is used to keep up our privste key and also when we create safe and withdraw we have to sign in in this app too. I download apk file and intall it. at start i have given phrase key to save in safe place and this is all and nothing other to do. This app is quiet easy to use and no need of any mail or phonr number to register. we can also use ledger or other hardware for this purpose.
Mixin: I search for the desktop app but unfortunately, It's not available yet for a desktop and I have to use a smartphone to download it. I used my smartphone to install it from Play Store.
after downloading I opened the app and it asked for a phone number, by putting in the phone number 4 Digit pin code arrived in 2-3 seconds. by entering the code Mixin app directed me to the main page.
Now first of all I set up a 6-digit pin and now my Mixin app is ready to give me a full view of crypto assets and other chat options. I was thinking that was enough for me and no need for using Mixin Safe but when I start Mixin Safe I recognize that I have to add family and friends contact who save the private keys. I added one Bitcointalk user and family member just by searching through uid. This process worked smoothly and I added contact in no time.
Some good features of Mixin Messenger:This messenger gives us access to chat with friends with a lot of advanced features like sending audio voice, video, group chat, voice call, and many others.
This app has a built-in wallet with a lot of cryptocurrency available and almost all big tokens (BTC, ETH, BNN, SOL, APTOS, LTC, DASH, KSM, AVAX, Doge, Dot,NEAR AND MANY MORE). We could use this wallet for holding purposes but only the listed token will work. Sending non-listed tokens will result in loss.
We can send a token to our contact without any fee and also receive it from our friends and family just by giving them our public ID.
We could add emergency contact which will help us to log in to our Mixin account if we lost our access to phone number.
we can change the mobile phone number
we can change the text size, and theme, and the best one I like is the dark mode option available.
There are some limitations too in Mixin messenger like no email option, no desktop version for Windows and Linux, Group or channels option
Mixin Safe:
Now, it's time to check the main service. I opened the
Safe.mixin.zone site on Laptop and clicked on sign option, scan the code through the mixin app, and Mixin safe opens in no time. this whole process works very smoothly without facing any issues.
Now it's time to create my first safe. As i already checked out the details of creating a safe therefore i faced no issue with it. during creating a safe I have to sign in through mornin app which I tried without the internet but its not work which means that an internet connection is mandatory to connect with Safe.
I can select a maximum of 5 contacts for the mix-in sign in but all members should be in my contact list otherwise I cannot do it. I set only one(me) for fast but it's not secure. we have to select at least 2-3 family members for better security.
I purchased an upgrade plan using crypto. A lot of payment options are available too. I preferred trx as I was holding and the fee was also low and payment arrived as well as safe was created successfully in 15 seconds.
I have been given a BTC address and
now it's time to deposit some BTC to checkout deposit and withdraw service.
The deposit function is very easy. Just clicked on Received deposit under my created safe and now I am able to scan the address and I deposited 0.00465(135$). Wonder to see that payment arrived after one confirmation which is I think very fast to track fund deposits.
The deposit is working smoothly and I have faced no issues. The speed of the deposit is very fast. Normally it arrives in our wallet after several confirmations but here it arrives after 1 confirmation.
Now it's time for checking withdraw function. I clicked on a new transaction and default safe was selected for the transaction. if we have more safe then we can also choose any safe for withdraw transaction here. after doing this process now we have to sign in through the Mixin app. This option is best to secure our funds. If anyone steals our private key cannot withdraw without our mixin signin' approval. There is a risk also if other added members are not able to sign in then we cannot withdraw our fund therefore adding members carefully. an automatic message arrive in my mixin app and will received by another member also which is best for security and awareness.
I purchased a 2$ plan where 1 transaction is free and for the second transaction, we have to buy a plan or credit for the transaction. I proceeded with the free transaction and last I have to sign in through mornin app.
BTC arrived in my wallet without any issues very fast.
Conclusion:I found the whole Mixin safe process very fast and secure and I will recommend it for every Btc and Ltc holder. This is a decentralized way to store our key and can access our fund even if we lose our key (which often happens after a long time). understanding this process is not easy and at first, it's looking a bit complicated process but after processing first then it becomes easy to be familiar with it. In a safe process, we have to sign in to different apps multiple times which is looking boring but best to secure our fund. customer support is online to help you if you face any difficulty in the process. Mixin Safe is still in the beta phase and I hope the team will overcome all drawbacks.