How to launder crypto: Working methods of asset whitening and a rating of mixers for this year

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Jerrycoush

Jerrycoush

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In current conditions, owning cryptocurrency does not provide privacy. The Bitcoin blockchain is completely open, and every operation leaves a digital trace. Exchanges and exchange services apply AML tools to analyze the purity of coins. If your assets have received a "dirty" history (Darknet, mixers, casinos, or P2P without KYC), there is a risk of getting an wallet block until clarification. Therefore, the task of how to make Bitcoin clean is a measure of elementary hygiene for your wallet. There are two primary ways to solving this task: using anonymous coins or mixing services.

The first method is swapping BTC into anonymous coins like Monero (XMR) or Zcash (ZEC). These networks employ specific encryption protocols that hide the link about the sender. The scheme looks like this: you exchange BTC for XMR, transfer XMR to a new address, and then convert it again into white Bitcoin. This method works, but carries a number of complexities. First of all, it is time-consuming and technically complex. Furthermore, major platforms delist anonymous coins or request strict KYC upon their depositing, considering them risky. In fact, by seeking to conceal transactions, you may draw unnecessary attention from the AML officers.

The second method is Bitcoin mixers. These are specialized sites that enable you to cleanse Bitcoin without extra conversions, while operating within the Bitcoin blockchain. Mixers collect funds from hundreds of clients, split them into pieces, mix them with their pool, and send them to clients as already clean 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 taken a national budget from the intelligence agencies and a whole department of the NSA with an unlimited budget isn't tracking you, then these services provide complete guarantee. For the private investor, this is the simplest and efficient way to make crypto clean. Below we review a list of 6 relevant services.


Review of the best mixers for anonymizing BTC

Mixitum — https://mixitum.top/?r=wuD7h9 — Optimal combination of speed and minimal commission, the suited for starting out.

ZeusMix — https://zeusmix.net/?ref=Zx19Qa — Advanced engine for tumbling with an emphasis on a high level of anonymization.

Whirto — https://whirto.com/?aff=WhR8k2 — A site with a clear design and a guarantee of No-logs.

Bmix — https://bmix.org/?partner=bM5uP0 — A time-tested tumbler with convenient parameters for transaction delays.

ThorMixer — https://thormixer.com/?invite=Th0R7x — The highest privacy thanks to unique algorithms of cleansing.

UniJoin — https://anonymix.org/?code=An9Yw3 — A popular project using the technology CoinJoin.


Mixitum This service is rightfully considered the best choice for beginners who decided to clean Bitcoin. Its key advantage is an intelligent algorithm of mixing, which independently selects a transaction path, relieving the user from the necessity to understand technical details. The service fee here is not fixed, which adds an extra level of anonymity, as it is more difficult for bots to find the exact amount based on mathematical patterns. The procedure takes a minimum of time, and the platform guarantees that digital traces will be erased irrevocably after 24 hours, which excludes any leaks in the future.

ZeusMix For those seeking total privacy, ZeusMix offers functionality of the highest class. At the heart of the service lie proprietary protocols of obfuscation that generate a non-standard chains of transfers, making the tracking of the source of funds unrealistic for most AML scanners. The user has full control over the process: one can choose a quick mix for efficiency or an enhanced mode for maximum stealth. Round-the-clock help service is always available to sort out any questions, which turns using ZeusMix into a peaceful and comfortable process even for significant amounts.

Whirto Whirto is the example of simplicity and reliability in the sphere of anonymity. The developers placed their bet on an clear design so that every user could understand, how to launder coins, right away. The key feature of Whirto is its strict No-Logs policy: the servers do not save IP addresses and order details, deleting everything immediately after completion of the exchange. Additionally available is a option of delayed payout, which allows you to get funds not instantly, but after a random time, which completely breaks the link between your input and output.

Bmix In situations involving working with very large amounts, Bmix holds a top spot due to its huge reserves. This means that you won't have to wait for other participants to deposit money for the mix — the payout proceeds from the reserve fund of the platform. For the assurance of its users, Bmix issues a signed Letter of Guarantee, which is proof of the obligations. Another important detail is the special code: by using it during the subsequent visit, you ensure that the algorithm will not send you your previous old bitcoins, which ensures a perfect history.

ThorMixer Named after the Thor, ThorMixer provides impenetrable armor against any kind of monitoring. The platform is tailored for working via the onion networks, which hides the even the attempt of accessing the anonymizer. The distinctive feature of ThorMixer's approach lies in the fragmentation of outgoing transactions: the clean funds return to your wallet not in one lump sum, but as multiple different transfers from different addresses and at in a chaotic order. Such an method makes attempts at analysis into a impossible task, as it is unrealistic to assemble the puzzle back.

UniJoin UniJoin stands apart from its peers due to its application of the protocol CoinJoin. Instead of traditional mixers, in this case a joint formation of a transaction is implemented: the coins of multiple users are combined into a single giant pool before payout. This creates a technical impossibility determine whose coin corresponds to which recipient. The service is ideally suited for those wishing to obtain a maximally clean reputation for their assets and to forget about questions from regulators.

Conclusion and recommendations

When choosing these services, you gain freedom from the surveillance of the system. However keep in mind the safety rules: always use via Tor or a VPN, break down large amounts and make use of the delay function. Cleansing Bitcoin is not a crime, but a tool to preserve your property in a the digital age.
 
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