How to launder crypto: Working methods of asset whitening and a review of mixers for
How to launder crypto: Working methods of asset whitening and a review of mixers for
In modern realities, owning cryptocurrency does not provide privacy. The Bitcoin public ledger is completely open, and every operation leaves a history. Exchanges and exchange services use AML tools to monitor the purity of coins. If your assets have a "dirty" tag (Darknet, mixers, casinos, or P2P without KYC), there is a risk of getting an account ban indefinitely. Therefore, the question of how to launder crypto is a measure of basic security for your wallet. There exist two main approaches to solving this task: applying anonymous coins or mixing services.
The first method is swapping Bitcoin into privacy cryptocurrencies like Monero (XMR) or Zcash (ZEC). These networks employ specific data-hiding protocols that hide the information about the source. The scheme looks like this: you exchange BTC for XMR, transfer XMR to a clean address, and then convert it back into white Bitcoin. This method works, but has a number of complexities. First of all, it is time-consuming and inconvenient. Furthermore, many platforms remove anonymous coins or require rigorous KYC upon their depositing, flagging them risky. In fact, by seeking to conceal traces, you may attract additional suspicion from the security service.
The second method is Bitcoin mixers. These are professional sites that enable you to cleanse cryptocurrency directly, while operating within the Bitcoin network. Tumblers collect coins from many different users, break them into pieces, tumble them with their pool, and distribute them to clients as already clean coins to new addresses. How come is this secure? The fact is that the mathematical probability of tracing such a transaction is minimal. Of course, if you haven't stolen a national budget from the Pentagon and a the full force of the NSA with an unlimited budget isn't tracking you, then mixers provide practically 100% protection. For the private investor, this is the simplest and efficient way to make crypto clean. Below we present a top of 6 verified mixers.
Rating of the reliable platforms for anonymizing cryptocurrency
Mixitum — https://mixitum.top/?r=wuD7h9 — Optimal balance of speed and minimal commission, the suited for starting out.
ZeusMix — https://zeusmix.net/?ref=Zx19Qa — Advanced algorithm for mixing with an focus on a maximum degree of anonymization.
Whirto — https://whirto.com/?aff=WhR8k2 — A site with a intuitive design and a guarantee of no logs.
Bmix — https://bmix.org/?partner=bM5uP0 — A time-tested mixer with convenient settings for transaction delays.
ThorMixer — https://thormixer.com/?invite=Th0R7x — Maximum anonymity thanks to special algorithms of cleansing.
UniJoin — https://anonymix.org/?code=An9Yw3 — A well-known service using the technology CoinJoin.
Mixitum Mixitum is justifiably is the best choice for beginners who decided to launder crypto. Its key advantage is an intelligent algorithm of randomization, which independently builds a transaction path, freeing the user from the necessity to delve into technical details. The commission here is not fixed, which provides an extra level of protection, as it is more difficult for bots to find the transfer based on mathematical patterns. The procedure takes a minimum of time, and the system promises that digital traces will be destroyed automatically after 24 hours, preventing the risk of deanonymization in the future.
ZeusMix If you are looking for uncompromising protection, ZeusMix provides functionality of the highest class. At the heart of the service are proprietary methods of confusion that create a complex web of transactions, making the tracking of the source of funds unrealistic for most AML scanners. The user gets full control over the process: one can configure a express clean for speed or an deep mixing for maximum stealth. Round-the-clock help service is always available to sort out any questions, which makes working with ZeusMix into a peaceful and predictable process even for large investors.
Whirto Whirto is the example of simplicity and effectiveness in the sphere of privacy. The team placed their bet on an clear design so that every user could understand, how to launder coins, right away. The main trump card of Whirto is its ironclad No-Logs principle: the system do not record metadata and order details, deleting everything upon execution of the transaction. Additionally available is a function of temporal delay, which enables you to get clean coins not immediately, but after a set interval, which completely disrupts the correlation between your input and output.
Bmix In situations involving working with very large volumes, the Bmix service maintains a leading position due to its huge reserves. The essence is that you won't have to wait for other users to add money for the mix — the transfer occurs from the mixer's own reserves of the platform. For the peace of mind of its users, Bmix issues a cryptographic Letter of Guarantee, which is confirmation of the obligations. Another important function is the special code: by entering it during the next visit, you guarantee that the system will not return you your previous previously sent coins, which provides a clean history.
ThorMixer Named after the Norse god, this service offers powerful armor against all types of surveillance. The platform is tailored for use via the Tor browser, which hides the very fact of accessing the mixer. The distinctive feature of ThorMixer's method is the fragmentation of outgoing transactions: the clean funds arrive to the address not in a single piece, but as multiple different payments from different addresses and at different times. Such an method makes blockchain analysis into a meaningless endeavor, as it is simply impossible to assemble the puzzle into one.
UniJoin UniJoin stands apart from its peers thanks to its application of the protocol CoinJoin. Instead of classical mixing, here a collective formation of a transfer is implemented: the funds of a group of people are merged into a unified stream before payout. This method provides a mathematical guarantee that one cannot figure out which input corresponds to which recipient. The service is recommended for those who want to have a crystal clear reputation for their wallet and to stop worrying about questions from regulators.
Summary and recommendations
By using these services, you acquire independence from the all-seeing eye of the system. However keep in mind the nuances: be sure to access via a secure connection, break down large amounts and make use of temporal delays. How to launder crypto is not criminal, but a way to preserve your property in a transparent world.