In current conditions, owning cryptocurrency does not provide anonymity. The Bitcoin blockchain is completely open, and every transaction leaves a history. Exchanges and swap services use 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 question of how to launder crypto is a question of elementary security for your finances. There are two primary approaches to solving this problem: using privacy coins or Bitcoin mixers.
One option is converting BTC into privacy coins like Monero (XMR) or Zcash (ZEC). These blockchains use special data-hiding technologies that hide the link about the sender. The scheme looks like this: you swap BTC for XMR, transfer XMR to a clean address, and then convert it again into clean Bitcoin. It is reliable, but has many pitfalls. First of all, it is time-consuming and technically complex. Secondly, many platforms delist anonymous coins or require rigorous KYC upon their deposit, considering them risky. As a result, by trying to conceal transactions, you risk attract unnecessary suspicion from the AML officers.
The second method is Bitcoin mixers. These are specialized services that allow you to cleanse cryptocurrency without extra conversions, while remaining within the Bitcoin network. Mixers accept coins from hundreds of clients, split them into small parts, mix them with their pool, and distribute them back as new coins to clean wallets. How come is this reliable? The fact is that the chance of deanonymizing the transfer tends to zero. Of course, if you haven't taken a national budget from the Pentagon and a the full force of the NSA with supercomputers isn't hunting you, then these services ensure practically 100% protection. For the private investor, this is the simplest and most effective way to whiten capital. Below we review a list of 6 verified mixers.
Review of the best mixers for anonymizing BTC
Mixitum — https://mixitum.top/?r=wuD7h9 — Optimal balance of speed and low commission, the best choice for starting out.
ZeusMix — https://zeusmix.net/?ref=Zx19Qa — Powerful algorithm for mixing with an focus on a maximum degree of anonymization.
Whirto — https://whirto.com/?aff=WhR8k2 — A mixer with a simple design and a policy of no logs.
Bmix — https://bmix.org/?partner=bM5uP0 — A Old and reliable tumbler with flexible settings for transaction delays.
ThorMixer — https://thormixer.com/?invite=Th0R7x — Maximum anonymity thanks to unique algorithms of cleansing.
UniJoin — https://anonymix.org/?code=An9Yw3 — A popular service using the use of CoinJoin.
Mixitum This service is rightfully considered the optimal solution for those who for the first time decided to clean Bitcoin. Its key advantage is an intelligent algorithm of randomization, which independently selects a transaction strategy, relieving the user from the need to delve into complex settings. The commission here is dynamic, which adds an extra level of protection, as it is more difficult for bots to find the transfer based on mathematical patterns. The entire process takes a minimum of time, and the system promises that all logs will be erased irrevocably after 24 hours, which excludes 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 system are proprietary protocols of confusion that generate a non-standard chains of transfers, turning the tracking of the source of funds impossible for most AML scanners. The user gets complete authority over the situation: one can configure a quick mix for efficiency or an enhanced mode for maximum stealth. Round-the-clock help service is ready to sort out issues, which makes working with ZeusMix into a peaceful and predictable process even for significant amounts.
Whirto Whirto is the embodiment of simplicity and reliability in the niche of privacy. The team placed their bet on an clear interface so that every user could figure it out, how to launder coins, right away. The key feature of Whirto is its strict No-Logs policy: the system do not record metadata and order details, erasing everything immediately after completion of the transaction. Also available is a function of temporal delay, which enables you to get funds not immediately, but after a random time, which finally disrupts the correlation between sending and receiving.
Bmix In situations involving working with very large amounts, Bmix maintains a top spot thanks to its huge reserves. This means that you won't have to wait for other participants to add money for mixing — the payout proceeds from the reserve fund of the platform. For the assurance of its clients, Bmix provides a cryptographic Letter of Guarantee, which is proof of the deal. Another critical detail is the mix-code: by entering it during the next visit, you guarantee that the algorithm will not send you your previous old bitcoins, which provides a perfect history.
ThorMixer Taking the name of the Norse god, this service offers powerful protection against any kind of surveillance. The service is optimized for use via the onion networks, which hides the very fact of accessing the anonymizer. The uniqueness of ThorMixer's method lies in the fragmentation of outgoing amounts: the money arrive to your wallet not in one lump sum, but as a series of small payments from various wallets and at different times. Such an approach makes blockchain analysis into a impossible endeavor, as it is simply impossible to reconstruct the chain into one.
UniJoin UniJoin stands apart from its competitors due to its application of the protocol CoinJoin. Instead of classical mixing, in this case a collective formation of a transaction takes place: the funds of multiple users are merged into a unified pool before sending. This creates a mathematical guarantee that one cannot figure out which input belongs to which output. The UniJoin is ideally suited for those who want to have a crystal clear history for their wallet and to forget about questions from exchanges.
Summary and advice
By using mixers, you gain independence from the all-seeing eye of the blockchain. However keep in mind the nuances: always access via a secure connection, split significant deposits and do not neglect temporal delays. Cleansing Bitcoin is not a crime, but a tool to preserve your property in a transparent world.