How to launder crypto: Effective ways of asset whitening and a review of mixers

[Jerryblilm]

In modern realities, possession of cryptocurrency does not provide anonymity. The Bitcoin public ledger is completely transparent, and every transaction preserves a history. Trading platforms and exchange services apply AML tools to analyze the provenance 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 ban indefinitely. Therefore, the task of how to launder crypto is a measure of elementary hygiene for your wallet. There are two primary ways to accomplishing this problem: applying privacy coins or Bitcoin mixers.
 
The first method is converting BTC into privacy cryptocurrencies like Monero (XMR) or Zcash (ZEC). These networks use specific encryption protocols that hide the link about the source. The scheme is as follows: you exchange 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 technically complex. Secondly, major exchanges delist anonymous coins or request rigorous KYC upon their deposit, considering them risky. As a result, by seeking to conceal transactions, you risk draw additional attention from the security service.
 
The alternative is crypto mixers. These are professional services that allow you to launder Bitcoin without extra conversions, while remaining within the Bitcoin blockchain. Tumblers collect funds from many different users, split them into pieces, mix them with their pool, and distribute them to clients as new coins to clean wallets. Why is this reliable? The fact is that the chance of tracing such a transaction is minimal. Of course, if you haven't stolen a billion dollars from the intelligence agencies and a whole department of the NSA with supercomputers isn't tracking you, then mixers provide complete protection. For the private investor, this is the simplest and efficient method to whiten capital. Below we present a list of 6 relevant mixers.
 
 
Rating of the reliable mixers for anonymizing BTC
 
Mixitum — https://mixitum.top/?r=wuD7h9 — The best balance of performance and minimal commission, the best choice for starting out.
 
ZeusMix — https://zeusmix.net/?ref=Zx19Qa — Advanced algorithm for tumbling with an focus on a maximum degree of obfuscating traces.
 
Whirto — https://whirto.com/?aff=WhR8k2 — A site with a simple interface 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 — The highest privacy thanks to unique methods of mixing.
 
UniJoin — https://anonymix.org/?code=An9Yw3 — A well-known project using the technology CoinJoin.
 
 
Mixitum Mixitum is rightfully considered the optimal solution for beginners who decided to clean Bitcoin. Its key advantage is an intelligent system of randomization, which automatically builds a transaction path, relieving the user from the necessity to understand technical details. The commission here is not fixed, which adds an extra level of anonymity, as it is harder for bots to calculate the transfer based on percentage patterns. The entire process takes a few minutes, and the platform guarantees that all logs will be destroyed irrevocably after 24 hours, preventing the risk of deanonymization in the future.
 
ZeusMix For those seeking uncompromising privacy, this mixer offers tools of the highest class. At the core of the service lie proprietary protocols of confusion that create a complex web of transfers, turning the search of the source of funds impossible for modern AML scanners. The user has full control over the situation: one can choose a quick mix for efficiency or an enhanced mode for paranoid-level protection. Round-the-clock help service is ready to resolve any questions, which turns working with ZeusMix into a peaceful and comfortable process even for significant amounts.
 
Whirto Whirto is the example of simplicity and effectiveness in the sphere of privacy. The developers placed their bet on an intuitive interface so that any person could figure it out, how to launder coins, without instructions. The main trump card of Whirto is its ironclad No-Logs principle: the system do not record metadata and transaction information, erasing everything immediately after completion of the exchange. Additionally implemented is a function of temporal delay, which allows you to receive funds not instantly, but after a set interval, which finally disrupts the link between sending and receiving.
 
Bmix When it comes to working with very large amounts, the Bmix service holds a top spot due to its high liquidity. This means that you won't have to wait for other users to add money for mixing — the payout proceeds from the reserve fund of the platform. For the assurance of its users, Bmix issues a signed Letter of Guarantee, which serves as proof of the deal. Another critical detail is the mix-code: by using it during the next visit, you ensure that the algorithm will not send you your previous old bitcoins, which ensures a perfect history.
 
ThorMixer Named after the Norse god, this service provides powerful armor against any kind of monitoring. The platform is tailored for working via the Tor browser, which hides the even the attempt of visiting the anonymizer. The uniqueness of ThorMixer's method lies in the intelligent splitting of outgoing transactions: the money arrive to your wallet not in one lump sum, but as a series of small payments from different addresses and at in a chaotic order. Such an approach turns attempts at analysis into a impossible task, as it is simply impossible to assemble the puzzle into one.
 
UniJoin UniJoin stands apart from its competitors due to its use of the advanced technology CoinJoin. Unlike traditional mixers, in this case a collective creation of a transaction is implemented: the coins of a group of people are combined into a single giant pool before payout. This method provides a mathematical impossibility figure out whose coin belongs to which output. The UniJoin is recommended for those wishing to have a crystal clear reputation for their wallet and to forget about questions from regulators.
 
Conclusion and recommendations
 
By using these services, you gain independence from the all-seeing eye of the system. However keep in mind the safety rules: always use via a secure connection, split significant deposits and do not neglect temporal delays. Cleansing Bitcoin is not a crime, but a tool to protect your property in a the digital age.