How to launder crypto: Working ways of asset whitening and a review of the best servi
How to launder crypto: Working ways of asset whitening and a review of the best servi
In current conditions, owning cryptocurrency does not guarantee anonymity. The Bitcoin public ledger is absolutely open, and any operation preserves a history. Exchanges and swap services apply AML tools to analyze the provenance of coins. If incoming assets have a "dirty" tag (Darknet, mixers, casinos, or P2P without KYC), there is a risk of getting an account ban until clarification. Therefore, the question of how to make Bitcoin clean is a measure of elementary security for your wallet. There are two main approaches to accomplishing this problem: applying anonymous coins or Bitcoin mixers.
One option is converting BTC into privacy cryptocurrencies like Monero (XMR) or Zcash (ZEC). These blockchains employ special encryption protocols that hide the information about the source. The mechanics looks like this: you swap BTC for XMR, transfer XMR to a clean address, and then convert it back into clean Bitcoin. This method works, but has a number of complexities. Firstly, it is lengthy and inconvenient. Secondly, many platforms delist anonymous coins or require strict KYC upon their depositing, considering them risky. In fact, by trying to hide traces, you may attract additional attention from the AML officers.
The alternative is crypto mixers. These are professional sites that enable you to launder Bitcoin directly, while remaining within the Bitcoin blockchain. Tumblers accept coins from hundreds of clients, break them into pieces, mix them with their pool, and send them back as new coins to new addresses. How come is this secure? The fact is that the mathematical probability of deanonymizing such a transaction is minimal. If you haven't stolen a billion dollars from the Pentagon and a whole department of the NSA with an unlimited budget isn't tracking you, then these services ensure practically 100% guarantee. For the private investor, this is the fastest and most effective method to whiten capital. Below we review a list of 6 verified mixers.
Review of the best mixers for cleansing cryptocurrency
Mixitum — https://mixitum.top/?r=wuD7h9 — Optimal balance of performance and low commission, the suited for beginners.
ZeusMix — https://zeusmix.net/?ref=Zx19Qa — Powerful engine for tumbling with an focus on a high level of anonymization.
Whirto — https://whirto.com/?aff=WhR8k2 — A site with a clear design and a policy of No-logs.
Bmix — https://bmix.org/?partner=bM5uP0 — A Old and reliable mixer with convenient parameters for transaction delays.
ThorMixer — https://thormixer.com/?invite=Th0R7x — Maximum anonymity due to unique algorithms of cleansing.
UniJoin — https://anonymix.org/?code=An9Yw3 — A popular service using the use of CoinJoin.
Mixitum This service is justifiably considered the optimal solution for those who for the first time wanted to clean Bitcoin. Its key advantage is an intelligent system of mixing, which independently selects a transaction path, relieving the user from the need to understand complex settings. The service fee here is not fixed, which adds an additional layer of anonymity, as it is more difficult for analysts to calculate the exact amount based on mathematical patterns. The procedure lasts a minimum of time, and the platform promises that all logs will be erased automatically after 24 hours, preventing the risk of deanonymization in the future.
ZeusMix If you are looking for uncompromising protection, this mixer provides tools of professional grade. At the heart of the system lie proprietary methods of confusion that create a non-standard chains of transactions, turning the search of the sender unrealistic for most AML scanners. The client gets complete authority over the situation: one can configure a quick mix for speed or an deep mixing for maximum stealth. Round-the-clock support is always available to sort out any questions, which turns using ZeusMix into a reliable and comfortable process even for large investors.
Whirto Whirto is the example of conciseness and effectiveness in the niche of anonymity. The team focused on an clear interface so that every user could figure it out, how to launder coins, without instructions. The main trump card of Whirto is its strict No-Logs principle: the system do not save metadata and transaction information, erasing everything upon completion of the exchange. Also implemented is a function of delayed payout, which enables you to get funds not instantly, but after a random time, which completely disrupts the correlation between your input and output.
Bmix In situations involving operations with significant amounts, the Bmix service holds a leading position thanks to its high liquidity. The essence is that you won't have to wait for other participants to deposit money for the mix — the transfer occurs from the mixer's own reserves of the platform. For the peace of mind of its clients, Bmix provides a signed Letter of Guarantee, which serves as proof of the deal. Another important detail is the special code: by using it during the next order, you ensure that the system will not send you your own old bitcoins, which provides a clean history.
ThorMixer Taking the name of the Thor, this service provides powerful protection against all types of monitoring. The service is tailored for use via the onion networks, which masks the very fact of visiting the mixer. The uniqueness of ThorMixer's approach lies in the intelligent splitting of outbound transactions: the money arrive to your wallet not in a single piece, but as a series of small payments from various wallets and at in a chaotic order. Such an method turns blockchain analysis into a meaningless task, as it is simply impossible to reconstruct the chain back.
UniJoin UniJoin stands apart from its peers thanks to its use of the protocol CoinJoin. Unlike traditional mixers, in this case a joint creation of a transaction is implemented: the coins of a group of people are merged into a single giant pool before payout. This creates a mathematical impossibility figure out whose coin corresponds to which recipient. The service is ideally suited for those wishing to obtain a maximally clean history for their wallet and to stop worrying about claims from exchanges.
Summary and recommendations
By using mixers, you gain freedom from the all-seeing eye of the system. However keep in mind the safety rules: always access via a secure connection, split significant deposits and do not neglect the delay function. Cleansing Bitcoin is not a crime, but a way to preserve your assets in a transparent world.