Topic: How mixer coins works? (Read 195 times)

So, all the coins coming from a particular mixing service ended up on a single address belonging to you, which you further want to send to a centralized exchange Binance. This situation is not great, I would say. First, you should never merge anonymized coins in a single transaction because this way, you are telling everyone observing the blockchain that these mixed UTXOs belong to the same person, which drastically decreases the anonymity set. You instead should be using the coin control feature of your wallet to send these coins one by one, but only to those services that don't require account registration and undergoing procedures of identity verification, never keep track of their users, and offer a different address for each payment. Centralized exchanges, such as Binance, Coinbase, and others, don't fall into this category and should be avoided at all costs, especially when it comes to spending anonymized coins. They may block your account for any suspicious activity, and they certainly don't want their customers to remain anonymous. Moreover, they may block your account whenever you make a withdrawal directly to a mixing service: again, they want full control over how their customers manage their money. In other words, you should avoid using centralized exchanges if your goal is to keep your financial affairs private.

[Guide] Decent mixing methods. It is outdated with latest upgrade from Wasabi wallet but you can read it and get some basics.

Bitcoin Q&A: Blacklists, Taint, and Wallet Fingerprinting. If you have time, watch this video to understand how exchanges use not too complicated methods to detect tainted coins. If your listening skill is not good enough, you can turn on Caption.

I need to know please why it can be reasoned that every transaction that goes through a mixer is potentially suspicious. Is it not possible that someone is just used to using the services of mixers for the benefits which they offer for just improved privacy and no other suspicious reason? It is not proper to me for people to think that any body found to be using a mixer is involved in suspicious activity, the person may just be mixing his coins just because they want to.

Mixing means trying to hide your identity by trying to break the link between entrances and exits, and therefore trying to send between several addresses is not considered a mixture because it is a simple tracking that can be detected the original address.

The benefit of this step is that it is rare for the central platforms a deep analysis of more than 5 address, and therefore deposit and withdrawal will not have a problem.
There may be a future problem, but with its use, withdrawal and deposit can be done in this method without problems.

Regarding your particular situation, the amount of unspent funds (UTXO) should not be the main criterion for determining the security of your address. This may indicate that you have made many transactions. However, if you have used a coin mixer to mix your bitcoins, then this may be grounds for your address to be considered suspicious.

Yes, I don't have a problem with exchange too, I very often use mixer and send to exchange, and so far don't have problems like delay, suspicion, or anything kind of problem. I don't know with your are, Because I am not send form mixer direct to exchange, I will land it from mixer to electrum address after confirmed, I send it to exchange.

here:

Mixer > electrum address > exchange address ( I always use this method and never have a problem)

I never send directly to exchange like Mixer > exchange address (this method is very risky to get suspected or delay, it's the same as from gambling site to exchange)

I have covered a small topic on All you need to know about Mixer before using it, you should go through it and i hope it could give you slight ideas of how things work on Mixers and i do not think so that every exchange accept transactions directly from mixers and it's also not recommendable because these exchanges has to comply with AML policies and even if you are not involved in any illegal activity they might (i said might not confirm) track your activity and could put some restriction too, you asked about it here, in the pic you used Binance and i think they do take transactions from mixer but will take keep their record.

If you are not doing anything illegal you should not afraid (AFAIK) because if you do catch doing something immoral and illegal then you should worry, and i don't think that you should worry about BTT Community (if you are addressing to BTT) if not then same you should not worry about anyone unless you are complying with the "Honesty is the best policy". Plus who is going to know in any community that you have used mixers? i don't know if i can recommend you but i think it's a good opportunity for you to join Whirlwind mixer and shares your honest review with them (for reward). In this way, you will overcome your fear of joining the mixer because many have already used it and had shared their experience.

This can be called mixing after mixing. Because having to send your coin to more than 5 different wallets is a whole lot of work and mixing. Will it not be better that you didn't mix at first and download different wallets and keep sending your coins from one wallet to another.

Well, the idea is that if you send to the exchange direct from the address you recieved from Mixer, you may have issues with centralized exchanges.

Don't forget about unijoin folks, they're also a mixer. And they've got an article and images on their website how crypto transactions are traceable and how you can restore your privacy through them or with a mixer. @OP, this is also a good example and illustration for you.
It's all written on this tab of their website: https://[banned mixer]/en/why-unijoin#dbexamples

Most of people use bitcoin mixing for a financial privacy in common. some times this is usefull to legalize their transactions if they live under oppressive regimes. Then if you want to know how btcoin mixers work, i will share a little information that i got.

first of all, after you send your bitcoin to the mixer, it collects, pool and pseudo-randomly suffle your coins that you have sent before with the coins that is sent by other people who also use the mixer. After that your coins can be withdrawn into new address of each users. But it must take a fee of mixing service.

This is why you should look to ONLY work with Decentralized ways.  Third Parties can implement any kind of rule sets.  This can include Know Your Customer, 'tainting' and all other sorts of B S.

Stop being worried.  Work with Bisq.  Work with Bitcoiners around you.  Work with Bitcoin Talk members and ONLY with Non Custodial Wallets.  Taint is only an attack targeted at the name of Bitcoin and should be treated as such.

coin mixer gives users access to obscure the root and destination of traffic. For users to send cryptocurrency to the server, to have that crypto mixed with other coins or tokens.

coin mixers can be use as an attractive tool for cybercriminals, and thus a target for law administration.

I don't understand your problem. but maybe you are worried about exchange platforms or certain platforms will reject your Bitcoins because your wallet address may be suspected of mixing.
Some exchanges won't care about it, but if any tracking theft activity is done, the Bitcoins you sent are the result of a hack. maybe your account will be frozen. but I'm not sure this situation can be done.

You are worried that your funds would be rejected by binance or any other centralized exchange cause it has passed through a mixer?
This is a valid concern and there has been a crackdown on blurring the trail of a transaction using coinjoining or mixers from governments through centralized exchanges this results in flagged transactions and locked bitcoins for different duration of time.

To avoid this you can either utilize decentralized exchanges which connect traders together directly or you can blur the fact that you used a mixer so centralized exchanges cannot pick up the trail. The above reply by Charles-Tim has some advice on that.

- Jay -

Also differentiate between Coinjoin mixing on noncustodial wallets and centralized mixers. Coinjoin has been the mixing method used by most people that I know that an exchange seized their coins. Or can you point to anyone that its coin was seized after using a centralized mixer?

If you want to avoid a coin being tainted, it is better not to send the whole coins to an address, then to another address. Send it in different amount to different addresses up to five different times at different time interval. Like the example below, but making it more complex will make it better.

Re: How can tainted coins becomes hard to be recognized by centralized services

what are you talking about? Whoever is afraid, whether it is from a platform or from members, use any mixing service that will ensure that your identity is well disappeared without problems with most exchanges.

Some good mixing services that have active signature campaigns:

• https://[banned mixer]/en
• https://sinbad.io/
• http://whirlwind.money/

This is the mixing way that ChipMixer used and it does not work now, but CM has been sized by government agencies, and I do not think that there is any mixing service that currently works to provide a private key to withdraw.
It is strange that you are promoting a mixing service in your signature and you do not know how it works.



It is assumed that nothing happens to you, but many countries classify mixing service as gray areas, so avoid using them in the future and send your coins to new several clean addresses before depositing to Binance

1addressMain > 2addressMain > 3addressMain > 4addressMain > 5addressMain > 1addressBinance

Here's a small figure : https://postimg.cc/rdB18CWX/696eb0ac

Does everything's safe as legal things? I just worried for suspicious, because all source from mixer.

Mixing services are there to protect your privacy. 
In instances where you send your coin over to a mixer platform, those coins are sent after their percentage (fee) is deducted. They are being converted to Bitcoin on small badges, depending on the mixing platform. They give you a private key, which you can use to withdraw your mixed Bitcoin into a new address, and it's also advisable for you to move the coin into a private wallet first before moving it into an exchange wallet to avoid complications. and also move them out in badges into separate wallets, not just moving the same amount into a whole new wallet, which can in turn create a little suspicion. 

Mixer known as way to track our coin being difficult for those blockchain analyze.

Let's say I choose that way.

My transaction has 100 times with total 0.3238 unspent, does my address is safe or acceptable on exchange/other community?

Worried about community detect me as suspicious things.