Best ways of making BTC Not trackable

Reatim

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Quote from: fred21 on March 28, 2020, 05:42:08 AM

Hello,

I usually get this question of people wanting to anonymize their BTC.

To this, the answer is one of the 2 methods :

1) use BTC mixer such as WASABI
But there are talks about people getting involved in illegal things just because their BTC were mixed with illegal related BTC.

2) send your BTC to an exchange like bitbox, kucoin, huobi ... then buy monero, send them to another exchange like bitbox, kucoin, huobi ... and buy back BTC
But what if those exchange are linked together so that monero transaction between two of them will be identified.

Are there other methods? what is the best method between the two above?

Thanks

Why there is specific Mixing company that you mentioned,cannot we use other mixer than that WASABI?

Lol we have Chipmixer that is the most trusted and famous in this forum and outside so why needed to use that Wasabi exchange?and also you need to CAPITALIZED the mixer company name for promotion?

I would rather use Chipmixer if i really wanted to stay anonymous ,even there are some extra expenses using mixing company but this is the best way to at least keep our privacy in our position.

Thanks for sharing your thoughts but we already new what we need to do if this is the issue.

Privacy is not that much demand if you are hiding nothing Bad in your transactions.

stiffbud

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Quote from: fred21 on March 28, 2020, 05:42:08 AM

Hello,

I usually get this question of people wanting to anonymize their BTC.

To this, the answer is one of the 2 methods :

1) use BTC mixer such as WASABI
But there are talks about people getting involved in illegal things just because their BTC were mixed with illegal related BTC.

2) send your BTC to an exchange like bitbox, kucoin, huobi ... then buy monero, send them to another exchange like bitbox, kucoin, huobi ... and buy back BTC
But what if those exchange are linked together so that monero transaction between two of them will be identified.

Are there other methods? what is the best method between the two above?

Thanks

You can exchange your bitcoins P2P for an anonymous cryptocurrency like monero and then you send them to another wallet and then your funds will be untraceable for sure.
Or as a second option you can search for an exchange that doesn't require you to submit a KYC for initiating an exchange, then again send your coins buy monero, send them to another address and you will be anonymous. The privacy features of Monero makes it untraceable to prying eyes and this should be adapted by other coins also to make them more useful.

metenjean

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Best way and most effective how to make money with bitcoin by trading or investing, many people become new rich person after investing and trade on bitcoin, but many people lost much money after know with bitcoin and altcoin as their trading way and now looks frustrated with bitcoin and never want to be part of bitcoin as investing or trading assets, we must careful when have to invest or buy bitcoin and when have to sell bitcoin.

bbc.reporter

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The skeptical me thinks that the Europol is encouraging criminals to use Wasabi because it might be a honeypot. I have heard stories that the development team inject their own liquidity in the mixing process. It certainly will make mixing easier, however, it might also be considered similar to a sybil attack.

Help me understand, I shake my head.

Europol, the European Union’s law enforcement agency, internally presented a two-part report on Wasabi Wallet earlier this year, primarily analyzing the wallet’s use for criminal activities.

The report went on to say that “things are not looking good,” meaning it is not easier to trace bitcoin transactions taking place via Wasabi Wallet. It is also difficult to “demix” transactions, it added.

Source https://www.theblockcrypto.com/linked/67493/bitcoin-mixer-wasabi-wallet-under-europols-lens-for-facilitating-dark-web-transactions

boyptc

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Quote from: squatter on March 28, 2020, 10:07:47 PM

Quote from: boyptc on March 28, 2020, 08:58:13 PM

As quoted above from theymos' post. Using coinjoin requires you 0.1BTC as the minimum amount.

Many doesn't hold that much amount.

Wasabi Wallet requires that, but others don't. Samourai Wallet's Whirlpool only requires a 0.01005 BTC minimum to access its 0.01 BTC pool. Its privacy guarantees aren't as good as Wasabi, though.

Another great information. Thanks.

I'll check and see this whirlpool from Samourai.

squatter

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STOP SNITCHIN'

Quote from: ChiBitCTy on March 28, 2020, 10:10:48 PM

In the end I find it easier to just trade it for Monero and use that instead. Monero Cake wallet makes it really easy to use. I'm not as familiar with it but Zcash is another coin that could be used.

This is something to keep in mind: More than any other cryptocurrency, Monero users have had their accounts frozen and KYC demanded upon deposit to a third party service. Make sure to avoid all the services on this list. The exchanges listed there are known for selectively scamming Monero users.

Zcash shielded transactions are not mandatory. Very few people use them. This makes the anonymity set very low, offering poor privacy guarantees.

fenixosup

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I dont think that exchanges is a good idea. They have internal tracking and can just block your account with all coins

CarnagexD

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Quote from: Yatsan on March 29, 2020, 06:50:52 AM

Here's my way to make my BTC not trackable, Use two legit bitcoin mixer, Use the first and the receive wallet address wil be the second one, so that after mixing into the first mixer, it will go to the second and then, it will be transferred to your own wallet. If you are really cautious, then use 3 or more bitcoin mixers to make sure that your bitcoin is going to be not traceable 100%. I personally, use this process and it's effective.

Most of the people today now are using the bitcoin mixer and this is one of the best techniques that you can do because it is just simple converted your wallet address into other encrypted addresses and now you can use this to send to your funds easily. Also, we have different techniques too like sending the address into different accounts you manage but it looks like a hassle because it takes a lot of time like logging in into different platform and takes a lot of consumable conversions instead you are getting your funds immediately, still, it depends on you how do you manage the transactions.

Yatsan

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Here's my way to make my BTC not trackable, Use two legit bitcoin mixer, Use the first and the receive wallet address wil be the second one, so that after mixing into the first mixer, it will go to the second and then, it will be transferred to your own wallet. If you are really cautious, then use 3 or more bitcoin mixers to make sure that your bitcoin is going to be not traceable 100%. I personally, use this process and it's effective.

davis196

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Quote from: fred21 on March 28, 2020, 05:42:08 AM

Hello,

I usually get this question of people wanting to anonymize their BTC.

To this, the answer is one of the 2 methods :

1) use BTC mixer such as WASABI
But there are talks about people getting involved in illegal things just because their BTC were mixed with illegal related BTC.

2) send your BTC to an exchange like bitbox, kucoin, huobi ... then buy monero, send them to another exchange like bitbox, kucoin, huobi ... and buy back BTC
But what if those exchange are linked together so that monero transaction between two of them will be identified.

Are there other methods? what is the best method between the two above?

Thanks

1.Use mixers at your own risk.I would never use a Bitcoin mixer service.Many people were scammed by mixers.
2.Avoid crypto exchange platforms,if you want to stay anonymous.You can use this forum.It has a currency trading sub-forum.
3.Use multiple BTC addresses and a different address for every transaction.Don't use one BTC address for multiple transactions.

Those tips are about Bitcoin only.If you want to buy Monero,just do it.I'm not a expert in regards to anonymity,but whatever you do online,you just can't be 100% anonymous.

kryptqnick

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Quote from: ?? on ??

Quote from: fred21 on March 28, 2020, 05:42:08 AM

Hello,

I usually get this question of people wanting to anonymize their BTC.

To this, the answer is one of the 2 methods :

1) use BTC mixer such as WASABI
But there are talks about people getting involved in illegal things just because their BTC were mixed with illegal related BTC.

2) send your BTC to an exchange like bitbox, kucoin, huobi ... then buy monero, send them to another exchange like bitbox, kucoin, huobi ... and buy back BTC
But what if those exchange are linked together so that monero transaction between two of them will be identified.

Are there other methods? what is the best method between the two above?

Thanks

Sell your Bitcoins and Use Cash, Problem Solved. Cheesy

FYI:
Dumbest people in the world think they can hide public transactions stored in a public blockchain from the public. Tongue

Want private transactions , Don't Store them in a Blockchain!

Selling BTC for cash without being identified in any way in the process is not easy. If you use an ATM, it would probably require an ID verification. If you're making a deal with someone face-to-face, this person at least knows how you look and perhaps some other info. I do agree that using Bitcoin while aiming for complete anonymity is not that smart because Bitcoin aims for transparency in a certain way and is pseudonymous. One could, however, just use Monero or something similar, and this would ensure a higher degree of privacy. However, I remember an article by iamnotback that casts doubt on the total privacy of the so-called anonymous cryptocurrencies...

pawanjain

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Quote from: coincruncher1982 on March 28, 2020, 06:15:45 PM

Quote from: johnyj on March 28, 2020, 05:01:11 PM

The most secure way: Buy a mining farm and mine the virgin coins Grin

You can also do cloud mining using Nicehash as well and get virgin coins this way.

Nicehash has been hacked a few years ago hence I won't recommend using that.
Besides that, you would want to invest in it before you can generate new coins so that's a kind of risk too.

If I were to anonymize my transaction I would use Tor and create a new wallet online which is safe and secure and then use a bitcoin mixer to send the coins to my personal offline wallet.

Assface16678

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Quote from: Rodeo02 on March 29, 2020, 01:21:39 AM

Use exchange that never ask for kyc or if there are high limit for no kyc.

Convert this to other currency then widraw use another exchange then buy another new crypto currency widraw again. Then the last things is use another exchange then convert again to bitcoin then its now different from before.
You can now do what ever you want to use that currency you can also use that to play on gambling site or sell it P2P.

Also, you can use those platform or exchange to avoid getting trackable because most of the websites today do not require too much kyc and this is a good thing but the problem is about the security sometimes we cannot avoid facing scammers and having a transaction on them unexpectedly and most of the users today cannot back their money because of the transaction does not have kyc also you can use the other kind of platform like the bitcoin mixer just to avoid your account getting trace easily there are a lot of methods you can do just not been detected still it is your choice if you want and there is a statement above that you can use to find out what kind of process do you want.

Rodeo02

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Use exchange that never ask for kyc or if there are high limit for no kyc.

Convert this to other currency then widraw use another exchange then buy another new crypto currency widraw again. Then the last things is use another exchange then convert again to bitcoin then its now different from before.
You can now do what ever you want to use that currency you can also use that to play on gambling site or sell it P2P.

pooya87

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Quote from: fred21 on March 28, 2020, 07:51:14 AM

Those exchanges use KYC only when using important amount.

that is a very common mistake a lot of people make that turns out to be an expensive one for them too. when an exchange is asking KYC from even one person that means they can at any time force EVERYONE to submit their KYC. i dare say that even if they had 0 KYC related rules, as long as you are using a centralized exchange you can be forced to submit your documents at any point.

ChiBitCTy

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I've heard of people having a whole lot of problems when trying to use mixers so be careful when you do. Even though it's not very heavily supported, I believe using Lighting Network makes your transactions private. In the end I find it easier to just trade it for Monero and use that instead. Monero Cake wallet makes it really easy to use. I'm not as familiar with it but Zcash is another coin that could be used. Personally I'm afraid of bitcoin becoming private. Many countries wont even let their women drive or vote for example, why on earth would they allow a private currency to become adopted on a wide spread scale. My hope is the LN layer will run separately and can then be used for private transactions.

squatter

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STOP SNITCHIN'

Quote from: fred21 on March 28, 2020, 07:51:14 AM

I have heard that mixers are now illegal in the US. Some mixer have been shut down and mixer owners condemned.

A mixer that serves US customers but is not registered with FinCEN would be considered an unlicensed money transmitter, which is technically illegal. From a money laundering perspective, mixers are not illegal unless the mixer explicitly presents the service as a money laundering conspiracy. That is what the operator of Helix did. He also made the obvious mistake of operating the service from inside the United States.

Quote from: fred21 on March 28, 2020, 07:51:14 AM

are you from chipmixer (because you promote it)? is it reliable?

It's easily the most reputable custodial mixer. It probably provides better privacy than existing CoinJoin implementations, but the obvious downside is the third party trust involved.

Quote from: boyptc on March 28, 2020, 08:58:13 PM

As quoted above from theymos' post. Using coinjoin requires you 0.1BTC as the minimum amount.

Many doesn't hold that much amount.

Wasabi Wallet requires that, but others don't. Samourai Wallet's Whirlpool only requires a 0.01005 BTC minimum to access its 0.01 BTC pool. Its privacy guarantees aren't as good as Wasabi, though.

klava1983

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The first way is better, I prefer using Bitcoin mixers/tumblers websites too. The second way with buying Monero is more sophisticated, but gives you the same result in the end.

boyptc

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As quoted above from theymos' post. Using coinjoin requires you 0.1BTC as the minimum amount.

Many doesn't hold that much amount. Using an exchange might also track you as mentioned if you come up to the point that the government will coordinate with the exchange you have used.

Converting to Monero might be the most ideal if you don't think mixers are not good enough.

Sadlife

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Best way to keep your Bitcoins safe is to put it in a ledger nano then send Bitcoins anonymously, i also agree that you can send payments through exchanges but only if that exchange has no KYC needed. One of my recommendations is Yobit but the downside is, it's extremely laggy.

Topic: Best ways of making BTC Not trackable (Read 798 times)