Topic: Do exchanges freeze transfers from mixers ? - page 2. (Read 369 times)
As far as I know they don't do that right now but they can if they want to. I heard news about coinbase banning accounts when you receive coins from the foreign casinos or send coins to the foreign casinos and they are probably having an eye on the mixers as well. But keep in mind, coinbase is operating in the US which is a paranoiac country. On the other hand, I don't really know which country binance is operating in right now. Last time it was Malta but that might have changed. Not sure.
The fact that Binance has become strict in terms of KYC as they made it mandatory, of course that's based on legal guidelines. They want us to be transparent with all our transactions, they don't want us to become anonymously transact with crypto.
So, there will be a huge risk accompanied with your asset when you're dealing with crypto that came directly from mixers.
Prevention is better than cure. Take everybody's advice than lossing your money.
Once they tackle another case about crypto mixers transactions, It would be expected that they'll going to put a mandatory restrictions to it the next time.
So, there will be a huge risk accompanied with your asset when you're dealing with crypto that came directly from mixers.
Prevention is better than cure. Take everybody's advice than lossing your money.
Once they tackle another case about crypto mixers transactions, It would be expected that they'll going to put a mandatory restrictions to it the next time.
I see, but It's better we have a list of those exchanges that have some hard rules against mixers because there are some exchanges that have not to comply or don't really care when the funds are coming from mixers. they only focus on the funds that are coming from online gambling sites. If your account will be freeze by sending it from the mixers then it's better to avoid those kinds of steps because it is hard to unfreeze it again if you don't have any valid reasons.
You want a list? Here is one: All centralized exchanges.Don't fool yourself thinking that just because a certain centralized exchange (or any other centralized service dealing with bitcoin deposits) is not discriminating against its users it won't happen soon. They are all similar and sooner or later they will start doing the same.
For example Binance that is being discussed here didn't have such strict rules about KYC verification, last much out of nowhere they started tightening their grip and changed their rules.
Most exchanges has ToS that either allows them to restrict your account or bar you from using the platform completely in the case of having deposits being associated with mixers or anything that goes against their ToS. Mixers have a distinct pattern and behavior that makes it trivial for exchanges to identify them, but it still doesn't break your privacy. If you are using a mixer and a centralized exchange, then you should probably reconsider your priorities; centralized exchanges will do anything to track their customers. Using a mixer merely makes their job slightly more difficult.
That looks dangerous. Some official exchanges definitely prohibit it, and it is certain that your assets will be frozen. Avoid the use of mixer transactions. It won't be accepted in a good exchange.
I see, but It's better we have a list of those exchanges that have some hard rules against mixers because there are some exchanges that have not to comply or don't really care when the funds are coming from mixers. they only focus on the funds that are coming from online gambling sites. If your account will be freeze by sending it from the mixers then it's better to avoid those kinds of steps because it is hard to unfreeze it again if you don't have any valid reasons.
If I were you I wouldn't take the risk. There are enough precedents that centralized exchanges like Binance give a closer look at funds coming from mixers. It is not that exchanges do not like deposits from mixer addresses but they are always compliant with the law.
Remember the case of Helix? The CEO was charged with money laundering and mixers are even branded as illegal by the government regulators. If an ordinary exchange account requires KYC in observance with AML policies, it means mixers are services obstructing the efforts.
Remember the case of Helix? The CEO was charged with money laundering and mixers are even branded as illegal by the government regulators. If an ordinary exchange account requires KYC in observance with AML policies, it means mixers are services obstructing the efforts.
That looks dangerous. Some official exchanges definitely prohibit it, and it is certain that your assets will be frozen. Avoid the use of mixer transactions. It won't be accepted in a good exchange.
I haven't used mixers so don't know if exchanges like Binance freezes your accounts because they've been funded from mixer linked addresses? I'd like to know what happens to your coins if you can't unlock the account.
How's it possible proving it's your funds by tracing where it's sourced from when it's from mixing?
The government will always watch Binance as a centralized exchange. Binance itself will check from where the funs comes and they can easily freeze your account if they think you use mixers or gambling sites or other things that they consider illegal. Binance can do whatever they want to protect their business so I suggest you not use mixers to deposit the funds. I suggest you send the funds to the mixers and then send it into another wallet, convert it into other coins and then send it to Binance. At least, you do not directly send it from the mixers to Binance. But I am sure if you dig for more, you will find how to solve that. How's it possible proving it's your funds by tracing where it's sourced from when it's from mixing?
If you plan to use Binance as it is today which is more "adherent" to regulations, you are putting an obvious risk.
In 2019, binance had problems with a customer who used coinjoin wasabi, luckily the funds were returned with some agreements. Just my assumption based on Binance's statement that "they don't tolerate Coinjoin", this may also apply to other bitcoin mixer services. Even now it will probably be stricter.
In 2019, binance had problems with a customer who used coinjoin wasabi, luckily the funds were returned with some agreements. Just my assumption based on Binance's statement that "they don't tolerate Coinjoin", this may also apply to other bitcoin mixer services. Even now it will probably be stricter.
There was a case about a year ago, when binance froze the account of a user cause the funds were from a coin mixing service. It was later unfrozen.
Centralized exchanges can freeze your account for different reasons according to their ToS, which you agree to when you sign up. And they are regulated, so they comply to government policies.
Of course the exchange would be able to provide the funds, should your account need to be unfrozen.
Centralized exchanges can freeze your account for different reasons according to their ToS, which you agree to when you sign up. And they are regulated, so they comply to government policies.
I'd like to know what happens to your coins if you can't unlock the account.
What you see in your account is just numbers put in by the exchange and not really the coins, if anbaccount is frozen, the number of bitcoins in it would likely stay the same, but what is done with the actual coins can not be ascertained.Of course the exchange would be able to provide the funds, should your account need to be unfrozen.
How's it possible proving it's your funds by tracing where it's sourced from when it's from mixing?
Ideally, do not use centralized exchange to transact or to store funds, especially if you are privacy inclined. 
I haven't used mixers so don't know if exchanges like Binance freezes your accounts because they've been funded from mixer linked addresses. I'd like to know what happens to your coins if you can't unlock the account.
How's it possible proving it's your funds by tracing where it's sourced from when it's from mixing?
How's it possible proving it's your funds by tracing where it's sourced from when it's from mixing?
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