In current conditions, owning cryptocurrency does not guarantee privacy. The Bitcoin public ledger is completely open, and any operation preserves a digital trace. Trading platforms and swap services apply AML tools to analyze the provenance of coins. If incoming assets have received a "dirty" tag (Darknet, mixers, casinos, or P2P without KYC), there is a risk of catching an wallet block indefinitely. Therefore, the task of how to launder crypto is a measure of elementary hygiene for your finances. There exist two primary approaches to accomplishing this task: applying privacy coins or mixing services.
One option is converting Bitcoin into privacy cryptocurrencies like Monero (XMR) or Zcash (ZEC). These blockchains use special data-hiding technologies that hide the link about the source. The scheme looks like this: you swap BTC for XMR, move XMR to a new address, and then convert it again into clean Bitcoin. This method works, but has a number of complexities. First of all, it is lengthy and technically complex. Furthermore, major exchanges delist anonymous coins or request rigorous KYC upon their depositing, considering them suspicious. In fact, by trying to conceal traces, you may draw additional attention from the AML officers.
The second method is Bitcoin mixers. These are professional services that allow you to launder cryptocurrency directly, while operating within the Bitcoin network. Tumblers collect coins from hundreds of different users, split them into small parts, tumble them with their own reserves, and send them back as new coins to new addresses. Why is this secure? Because the chance of tracing such a transaction is minimal. If you haven't taken a billion dollars from the intelligence agencies and a whole department of the NSA with an unlimited budget isn't tracking you, then these services ensure practically 100% protection. For the private investor, this is the simplest and efficient method to whiten capital. Below we present a list of 6 relevant mixers.
Review of the reliable platforms for anonymizing cryptocurrency
Mixitum — https://mixitum.top/?r=wuD7h9 — Optimal combination of speed and low fee, the suited for starting out.
ZeusMix — https://zeusmix.net/?ref=Zx19Qa — Advanced algorithm for tumbling with an emphasis on a maximum degree of anonymization.
Whirto — https://whirto.com/?aff=WhR8k2 — A service with a intuitive design and a guarantee of No-logs.
Bmix — https://bmix.org/?partner=bM5uP0 — A Authoritative tumbler with convenient parameters for withdrawal timing.
ThorMixer — https://thormixer.com/?invite=Th0R7x — The highest anonymity thanks to special methods of mixing.
UniJoin — https://anonymix.org/?code=An9Yw3 — A popular service using the use of CoinJoin.
Mixitum This service is rightfully is the best choice for beginners who wanted to clean Bitcoin. Its key advantage is an intelligent system of mixing, which automatically builds a transaction strategy, relieving the user from the necessity to understand complex settings. The commission here is not fixed, which provides an additional layer of protection, as it is harder for analysts to calculate the exact amount based on mathematical patterns. The procedure takes a few minutes, and the platform promises that digital traces will be erased automatically after 24 hours, which excludes the risk of deanonymization in the future.
ZeusMix For those seeking uncompromising protection, ZeusMix provides tools of professional grade. At the core of the service are proprietary protocols of confusion that generate a non-standard chains of transactions, turning the tracking of the sender unrealistic for modern AML scanners. The client has complete authority over the situation: one can configure a quick mix for efficiency 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 reliable and predictable process even for large investors.
Whirto Whirto is the example of conciseness and reliability in the sphere of anonymity. The developers focused on an intuitive interface so that every user could figure it out, how to make crypto clean, without instructions. The key feature of Whirto is its ironclad No-Logs principle: the servers do not save IP addresses and order details, deleting everything upon execution of the transaction. Also implemented is a function of delayed payout, which allows you to receive funds not immediately, but after a set interval, which completely breaks the link between your input and output.
Bmix In situations involving operations with significant amounts, the Bmix service holds a leading position due to its high liquidity. This means that you won't have to wait for other participants to add money for the mix — the payout proceeds from the mixer's own reserves of the platform. For the assurance of its clients, Bmix issues a cryptographic Letter of Guarantee, which serves as proof of the deal. Another critical detail is the special code: by entering it during the next visit, you ensure that the system will not send you your own old coins, which provides a perfect anonymity.
ThorMixer Taking the name of the Thor, ThorMixer offers impenetrable protection against all types of surveillance. The platform is tailored for working via the Tor browser, which masks the even the attempt of visiting the mixer. The uniqueness of ThorMixer's method is the fragmentation of outgoing transactions: the money return to your wallet not in a single piece, but as a series of small transfers from various wallets and at different times. Such an method turns attempts at analysis into a impossible endeavor, as it is simply impossible to reconstruct the chain back.
UniJoin UniJoin stands out from its competitors due to its application of the advanced technology CoinJoin. Instead of traditional mixers, in this case a joint formation of a transaction is implemented: the funds of multiple users are combined into a single giant stream before sending. This creates a mathematical impossibility figure out which input corresponds to which output. The UniJoin is recommended for those who want to have a maximally clean reputation for their wallet and to stop worrying about claims from regulators.
Summary and recommendations
By using these services, you acquire freedom from the all-seeing eye of the blockchain. But keep in mind the nuances: always access via Tor or a VPN, split significant deposits and make use of the delay function. How to launder crypto is not criminal, but a tool to preserve your property in a the digital age.