Topic: Mixing coins through exchanges (Read 942 times)

I'm not going to stick with the definition.

If your company performs chain analysis using a proprietary algorithm, that makes you a chain analysis company by definition.

I can also do that. I'm not a chain analysis company.

MixTum says they do a "Thorough background check" using a "proprietary algorithm".

Merely "viewing coins in the blockchain" isn't blockchain analysis. It would require much more than a proprietary algorithm to be considered a chain analysis company, such as access to personal data from exchanges. They neither inspect and visually represent blockchain data. Just as the default coordinator from Wasabi is neither a chain analysis company if it was rejecting coins from a particular list of UTXOs some company gave to it.

For the multiple time, it isn't funding chain analysis.

You seem to be confused.  MixTum is a chain analysis company, they say they are performing the chain analysis on their users with a proprietary algorithm.

The point isn't if the end user can tell the difference. The point is if there's a difference. And there's a difference between funding a chain analysis, versus not funding it. There just is.

The end user can't tell the difference.

There's objectively difference between checking someone's coins, perhaps to comply with regulations, and using someone's coins to fund surveillance firm to spy on them. There just is.

Scenario A:  You get murdered by someone
Scenario B: Someone hires an assassin to murder you

Point to where in their Terms they say they are funding blockchain analysis companies like Wasabi does.

How does this make a difference to the end user?

Scenario A - you send me coins and I take a look at them.

Scenario B - you send me coins. I then pay blockchain analysis entities for as much dirt on those coins as possible, using their vast mountains of data, their information gathered from various exchanges/services/governments that they work with, the nodes and light wallet servers that they run, their blockchain heuristics and countless previous analyses and investigations, their millions of data points that they buy and sell from third parties and from each other, including non-blockchain information such as KYC data, IP addresses, geolocations, and so forth.

If you honestly don't see the difference between these two scenarios then I really don't know what to say.

Your withdrawal would then come from one of the colder wallets (not from the address you deposited to, and not necessarily the address your deposit was moved to).

Point to where in their Terms they say they are funding blockchain analysis companies like Wasabi does.

]3. Quality scoring of incoming transactions
We run a thorough background check of incoming funds through a proprietary algorithm.

Indeed. I should be doing that. Thanks for pointing out, and I'm honestly concerned how I hadn't done my self-criticism about that yet. It's easier to pinpoint strangers' mistakes than ours, apparently. I'll be resigning the signature campaign at the end of this week.

My morals are worth more than that.

By definition they are pro-censorship and therefore anti-fungibility. This is a direct attack on bitcoin itself.

The correct thing to do would be to shut down their centralized coordinator and work towards setting up decentralized ones.

Exchanges, services, and other exchangers do not revolve around bitcoin alone. You speak from the point of view of a bitcoin maximalist, but I am used to evaluating absolutely the entire crypto industry, especially that part of it that has real utilitarian features, and not just speculation.

Shouldn't you be offended and recommending to avoid it?

What difference does it make to the victim who lost all their money?

Har har, the same could be  applicable to mixer that, eventually,  bows and scrapes  before government's whims and wishes.

You may have had, and you don't know. I have come across lots of merchants, one of which was sending me addresses to deposit, and until I asked, they were using Binance. So, I do have sent coins to exchange.

Which part of "it isn't designed to offer privacy" don't you understand? Of course and you can make an account anonymously, but that isn't my point. Your coins could be confiscated for either being "tainted", or your account could be terminated for using a "banned IP address"

I'm being paid to promote it, but that doesn't mean I use it or I recommend it, just as I don't oppose it as service. Neutral stance, just as with any other advertised mixer here.

Would you use a privacy-preserving software whose developers don't respect your right to privacy? Not only I would not, but I would even feel offended, and would recommend to avoid. Especially at the very moment when there are software developed with better intentions.

Or just not use their software altogether as an indication of disrespect for their dishonesty towards me, and for being so arrogant to think they are ethically superior.

Nice strawman, but I never argued mixers don't get confiscated. I'm merely saying they weren't blacklisting anyone.

Of course, this cannot happen, because DEX is not an absolute analogue of CEX, everything is different there.

Yes, you are: You are promoting Mixtum in your signature, avatar, and personal description.  You could not be trying any harder to endorse it.

The previous mixers advertised in this place also confiscated the coins of their users.

I'm not endorsing anyone to using this particular mixer.

There is another difference: the mixer acts as the liable entity for tumbling everyone's coins together. You don't gain this from an exchange.

The previous mixers advertised in this place did not have the same privacy policy and never blacklisted anyone.

Privacy is secondary. If I had vouchers, which I fortunately don't, I'd just want my property back.

Is there a chance some really big shit is going on in their lives, and they are incapable of going online? For like... A month? I really can't believe this is an exit scam. The service seemed legitimate.

I'm really pissed off, and not because I lost money; fortunately, I had grasped that "don't leave coins to third parties" cliché. I'm so pissed off because I've been advertising and recommending this shit for months, in such a way that I'm practically part of this scam. And it's just feels awful.

It makes you question the integrity of the service you're currently carrying in your signature.

Did you take the time to read the privacy policy of the mixer you are using?

Your mixer says it can confiscate your coins or terminate your account, so the only difference between using an exchange and using your mixer is that exchanges have a larger user base.  It is not suitable for the purpose of gaining privacy.

This is why you should absolutely not be recommending mixers to the OP as an alternative for exchanges.

Which part of "it isn't designed to offer privacy" don't you understand? Of course and you can make an account anonymously, but that isn't my point. Your coins could be confiscated for either being "tainted", or your account could be terminated for using a "banned IP address". Can you gain privacy from such service? Perhaps. Is it suitable for that purpose? No.

The real question is why would you ever want to do that? The exchange isn't portraying itself as a mixer, and if you take the time to read their privacy policy, you'll quickly figure out that you have no privacy.

]3. Quality scoring of incoming transactions
We run a thorough background check of incoming funds through a proprietary algorithm.

]2.1. Privacy Policy

Please refer to our Privacy Policy to get an understanding of our confidentiality obligations. You consent to the collection and use of information as described in the Privacy Policy.

2.2 Suspension or termination of services

[banned mixer] reserves the right to suspend or terminate access to services at any time at its own discretion, with or without reasons, with or without notification assuming no responsibility whatsoever.

For example, services may be suspended or terminated due to the following reasons:

    an actual or suspected violation of these Terms and Conditions;
    use of the service in such a manner that is conducive to the legal liability of [banned mixer] or Service malfunction;
    planned or unplanned maintenance, etc.

2.3 Unacceptable use

You agree that you personally will not commit, encourage or support the committal of:

    use of any unauthorized means to access the [banned mixer] service or use of any automated process or service (for example, spider, crawler or periodic caching of information stored or generated by [banned mixer]) except for the functions described in our API, as well as distribution of instructions, software or tools with this aim in view;
    modification, change, distortion or any other interference in work of the [banned mixer] service;
    disturbing or interference in operation of servers or networks used by [banned mixer] to deliver the Services;
    disabling, overload or degradation of [banned mixer] performance (or any other network connected to the service);
    use of the [banned mixer] service or website for any other purposes other than those specifically provided by these Terms and Privacy Policy;
    any illegal or fraudulent activity, as well as use of this Service in order to legalize illegal income, financing of terrorism, participation in schemes of phishing, forgery or other such falsification or manipulation;
    unauthorized spamming, pyramid schemes or any other activity duplicating unwanted messages should they be commercially oriented or of other nature.

2.4 Service updates

At any time and at its absolute discretion [banned mixer] can carry out unscheduled works related to the service modification, update and enhancement. We are liable to add or remove functions and cease activities of the service and website.
2.5 License and restrictions

[banned mixer] provides you with a personal nontransferable nonexclusive license to use the Service as it is stipulated for you by [banned mixer]. This license is provided under conditions and restricted to the provisions, stipulations and constraints stated in these Terms. Therewith, such license is intended for personal, noncommercial use. You may not copy, modify, create a derivative work of, decompile or otherwise attempt to extract the source code of the service or any part thereof, exclusive of data permitted by law, or expressly allowed by the [banned mixer] platform (use of templates, API, etc.). You may not reassign (or grant a sublicense of) your rights to use the service, or otherwise transfer any part of your rights in accordance with these Terms. These Rules do not provide you with any license or permission to copy, distribute, change or otherwise use any applications programming interface despite any provisions to the contrary. No property rights or ownership rights related to the Service are not granted to you according to these Terms. [banned mixer] reserves all rights that have not been expressly granted.

I'm not saying you are wrong by any mens, but I have not experienced this personally.

Well. Let's clarify. A man sends over TOR/VPN his coins  to exchange which doesn't require him to go through KYC procedure. Which private details  could be revealed in this case?

Well, correct , exchange operates with investors' coins, but the coins of the same time will be send back to a man from my example.

Yes, because an exchange isn't designed to offer on-chain privacy.

MixTum says they're mixing your coins with investors' coins. I'm not sure about the exact procedure they follow, I don't believe they're just randomly selecting an exchange and sending your coins there, under their full name. You can ask them that question in the appropriate thread. I am not obligated to provide an answer, nor am I able to.

Every year, services that freely accept bitcoins are becoming less and less.

In the end, it all turns into a complete headache, because if, as you say, we leave those services that implement such checks and look for alternative ones, then we start to face other problems. For example, alternative services do not have the products that we need, or they are available, but not as good as they were in the service that we had to abandon.

I don't like the term "clean your BTC" because there is no clean, dirty or tainted BTC, all BTC's are the same and this terms are created by centralized anti-BTC institutions to attack the network. Mixing or CoinJoining coins is a means to maintain or improve privacy, not to 'clean' your coins.

There is huge chance for you to clean your BTC through the strategy you posted but if you must do the process make sure the exchange is DEX,

However,  I will advise you also make use a privacy wallet just in case there's a lagging which could expose your privacy.

Correct, but you have also said that it links your transactions no matter what, and that transaction links are created by Whirlpool coinjoins, both of which are incorrect.


Now please can we stick to the point and not to semantics?

It is possible to mix coins through exchange ?

If i deposit from my wallet BTC to the exchange and then withdraw them to another btc address, will my coins be tracked?

It literally was my initial warning

It links your transactions no matter which coin you consolidate it with

I continue to quote the post where I traced the Whirlpool transaction you provided because people need to be aware of the transaction links created by Whirlpool coinjoins that can be avoided by using WabiSabi coinjoins.

A man sends his coins to exchange E and receives different coins C after a while. In your opinion, this is a bad practice

On the other hand, if a man sends his coins to a dedicated mixer M, and M sends those coins to the same exchange E, getting the same coins C back and then sending them back to the man, you consider it good practice.

I'm all in for mixing coins coming from exchanges. I'm against using exchanges as mixers.

They do create toxic change, but that wasn't your initial warning.

I would warn users again using Whirlpool since it creates "toxic change" that can be used for tracking future transactions and reveals common input ownership:

Okay then, why don't you reveal how to not create toxic coins when using Whirlpool coinjoins then since you claim that individuals themselves are consciously doing this?

Your initial warning was that Whirlpool coinjoins create toxic coins, whereas it's the individual themselves that consciously does it:

Most people, seeing such prospects, will simply spit on all these alternatives and calmly pay using the usual payment methods, using a bank card.

Thank you for confirming my initial warning that toxic coins are created by using Whirlpool with Sparrow.

I continue to quote the post where I traced the Whirlpool transaction you provided because people need to be aware of the transaction links created by Whirlpool coinjoins that can be avoided by using WabiSabi coinjoins.

I have used Whirlpool with Sparrow, and I have never had my toxic coins consolidated with my coinjoined.

The adoption we deserve. I have bitcoins, but they don't accept them from me, because these bitcoins do not pass some kind of fucking verification from a third party. All my crypto life I "dreamed" of such crypto freedom.

Here's an analogy:

I am a merchant. You want to buy some things from me. You try to pay with cash. I say "I cannot see the full history of this cash, so I refuse your money". So instead, you tap your debit card. I say "I cannot accept this money without knowing the full history of it". I demand access to your bank account so I can see where all your money comes from. You leave and come back with your bank statements, but I don't like what I see, so I refuse payment. You then try to pay with PayPal. I demand access to your PayPal account so I can see where all your money comes from. You unlock your PayPal account on your phone and hand it over for me to look at. This PayPal money looks OK to me, so I accept it. You then leave the shop and start telling all your friends "Make sure when you shop there you have all your bank statements with you so the merchant can look at them, and make sure none of your money comes from anywhere except your employer, since they can't trace those funds." Your friends all look at you like you are crazy, and then simply choose to shop with the merchant next door who doesn't do any of this nonsense.

Whenever this situation comes up, with the discussion of centralized exchanges and privacy, it always seems that the default position is "Sacrifice all your privacy and let people spy on you so that you can use a centralized exchange". In any other financial situation that would be seen as utterly crazy, as I've just shown above, but for some reason with bitcoin people just accept this nonsense? The problem here is not mixers, or coinjoins, or Monero, or any other privacy technique - the problem here is centralized exchanges. If you don't want a centralized exchange to seize your coins, then don't use a centralized exchange. There are plenty of decentralized exchanges to choose from.

The logical position when faced with entities which are stealing coins is not "I should bend over backwards and sacrifice everything to hopefully mean they don't steal my coins!", but rather to simply not use the entity which is stealing coins.

You're continuing to quote the post where an individual consciously decided to consolidate Whirlpool coinjoin input with toxic change.

There are a lot of exchanges that ask for withdrawals of less than 20,000 Satoshi. In addition, it is strange for me that you pay attention to 20,000 satoshi when the same mixtum asks for 4% -5% + 0.0007 BTC.

The adoption we deserve. I have bitcoins, but they don't accept them from me, because these bitcoins do not pass some kind of fucking verification from a third party. All my life I dreamed of such crypto freedom.

You're continuing to quote the post where an individual consciously decided to consolidate Whirlpool coinjoin input with toxic change. I have used Whirlpool with Sparrow, and I have never had my toxic coins consolidated with my coinjoined.

Firstly, if someone is not very afraid for their privacy, using an exchange as a mixer is corny cheaper, easier and faster for an ordinary crypto user.

Secondly, exchanges help clean up bitcoins for AML.

In this case, the exchange comes to the rescue, which bleaches bitcoins after the mixer.

However, it appears that you hold a stance against incorporating exchanges into the mixing process started by individual saying exchanges are not mixers

What does the fact that I'm wearing a signature with MixTum has to do with me recommending people to not use exchanges as mixers as they aren't designed for that?

I continue to quote the post where I traced the Whirlpool transaction you provided because people need to be aware of the transaction links created by Whirlpool coinjoins that can be avoided by using WabiSabi coinjoins.

Nice response from guy who proudly wears the signature relevant to mixer which uses exchanges to shuffle customer's coins

If you could read Russian I would refer you to the real life case when user  used exchange to clear his coins he got from dedicated mixer.

The answer is as simple as "because it isn't designed to do it". Exchanges share tons of stuff, which user owns which addresses, trading volumes, etc., with governments and chain analysis companies. As I've already shared, there's even a site[1] which takes as input an address and returns you to which exchange it belongs. It's also more expensive.
[1] https://www.walletexplorer.com/

If i deposit from my wallet BTC to the exchange and then withdraw them to another btc address, will my coins be tracked?

I also don't know why you continue to quote that post of yours when I've already pointed out several times that it fails to deanonymize a single output: https://bitcointalksearch.org/topic/--5286821.

Please try to confine your Wasabi spam to the appropriate thread.

Why are you still trying to spread this lie after you already found out that the "wasabistats" Twitter account is flagging remixes as false positive merges?  This was already decisively proven to be a hit job account: https://twitter.com/Kruwed/status/1642612625883164672

It depends what you're hiding from: are you afraid they're going to rob you? Do they ask for money? Do they even know your current Bitcoin addresses?

If they know your addresses, sending your Bitcoin to an exchange is the perfect way to get plausible deniability of owning Bitcoin: "No, you can hit me all you want, but I sold my Bitcoins last month". If you withdraw them again, they won't know your new address. If this is your concern, it sounds like you need to move and few new friends.
If you use Wasabi, they won't know which Bitcoin address is yours anymore, but they'll know you still own the coins.

That's why it's called "toxic", so you avoid consolidating it with the coinjoined inputs. In fact, in Sparrow, it's pretty much impossible from the GUI to create a transaction spending both the toxic change and the coinjoined inputs.

Okay, here's all the payments that can be tracked from the two new participants of the Whirlpool coinjoin transaction:

Entrant 1: bc1q03c0443ausjjdxl2h6ud5m8c0dux0zyg3dqdj7 created 0.00170417 BTC in unmixed change sent to bc1q3fduld0l3r8nclyt5p3r7ak675tekurstn55tl.  Since this UTXO is not private, the sats were marked as unspendable and have not been recovered by the wallet owner  

Entrant 2: bc1qzc8zku26ej337huw5dlt390cy2r9kgnq7dhtys created 0.00191247 BTC in unmixed change sent to bc1qjlltxr443uy236wl4xhpxlr6dgsu0zltlv3m44. This UTXO was used in a second tx0 transaction, creating a huge trail of transactions that could be traced to each other  

The 2nd tx0 transaction created 0.00076348 BTC unmixed change which was sent to bc1qehd7gy8rza9mnzm9wnfjhgw82rp47wmqt7vpgy

Since this unmixed change is below the .001 pool minimum, it was consolidated in a 3rd tx0 with 3 other addresses owned by the same wallet:
31x8GPqrhzdaxiBJa9N5UisuoxbX1rAnHa
16Gw5WKjbxZmg1zhZQs19Sf61fbV2xGujx
3LZtsJfUjiV5EZkkG1fwGEpTe2QEa7CNeY

The 3rd tx0 transaction created .00200317 in unmixed change which was sent to bc1q2p7gdtyahct8rdjs2khwf0sffl64qe896ya2y5
This was spent in a 0.00190000 payment to 3B8cRYc3W5jHeS3pkepwDePUmePBoEwyp1 (a reused address)

That payment left .00008553 in change that was tracked to 3Dh7R7xoKMVfLCcAtVDyhJ66se82twyZSn and consolidated with two other inputs in a 4th tx0 transaction:
bc1qeuh6sds8exm54yscrupdk03jxphw8qwzdtxgde
3ByChGBFshzGUE5oip8YYVEZDaCP2bcBmZ

This 4th tx0 created .00533406 in unmixed change which was sent to bc1qzh699s75smwukg9jcanwnlkmkn38r79ataagd9 which was consolidated with 3 more addresses into a 5th tx0:
3F2qiWQJKQjF7XFjEo8FUYP3AU5AC6RqX8
3HAYYVKUpYbr2ARMdZJr9yVu8xi8UcxtPz
3GQtwwRK31wwCc22q6WS5sCgixUHsG5KaT

The 5th tx0 created 0.00058494 BTC in unmixed change that was sent to bc1qvh2zjcwwkj9y70xulla2semvlav3lty0p3l3w3
This was spent in a .00047290 payment to bc1qvzg8jq6wqtr5navn4e3ps4qrkk9r6n4h98gjck

That payment left .00008411 in change that was tracked to bc1qg6j0f0wfhpktt2l8uzdn48ct3um2xyur40eyzd and consolidated with another input into a 6th tx0 transaction:
31iZLXWfoywhuMZTPGxTkpzphzh2NXshpP

The 6th tx0 created .00753775 in unmixed change that was tracked to bc1qgfll2apc27yct6h2c8r8wq4kqhxjsfrudhhn5q
This was spent in a .00737000 payment to bc1q5emzer2t0sq5dez0zsrqgh6scvwn0n24xsladp (a reused address)

This payment left 0.00010896 BTC in change which has not been spent yet, but the payment only took place 11 days ago, so I assume it will eventually be spent, allowing the Whirlpool user to be tracked even further.

I would warn users on using Wasabi, as it's caught into being flawed software: https://twitter.com/wasabistats

I would warn users again using Whirlpool since it creates "toxic change" that can be used for tracking future transactions and reveals common input ownership

However, these tracing tactics of common ownership and change outputs are solved by WabiSabi coinjoins.  Wasabi Wallet, Trezor, and BTCPay Server all support WabiSabi coinjoins.

If the given exchange does not require the KYC procedure to go through out, why not.

Will the Wasabi work well if there is no concern about the agencies doing the chain analysis, as the motive is only to hide from family / friends?

That's not mixing. Sending TC wallet from one wallet to another and then from that wallet to another and then finally to the destination wallet. These transactions can be easily tracked even by a newbie like me. A simple understating and usage of explorers can get you track.

It is possible to mix coins through exchange ?

/?__cf_chl_tk=_F56mok19pqON4zgspgvxyb5kHOkZMkWvYP4DPr1nrc-1693700957-0-gaNycGzNCbs]

The hardware wallet that I know that supports coinjoin is Wasabi. If you want to avoid chain analyses not to spy on your transaction, it is better not to use Wasabi coinjoin. He can use Whirlpool on Sparrow or Samourai wallet instead if he does not want to use a mixer.

So, if custody is an issue, I'd recommend to using Whirlpool via Sparrow. There's a great guide: https://sparrowwallet.com/docs/mixing-whirlpool.html

Okay, here's all the payments that can be tracked from the two new participants of the Whirlpool coinjoin transaction:

Entrant 1: bc1q03c0443ausjjdxl2h6ud5m8c0dux0zyg3dqdj7 created 0.00170417 BTC in unmixed change sent to bc1q3fduld0l3r8nclyt5p3r7ak675tekurstn55tl.  Since this UTXO is not private, the sats were marked as unspendable and have not been recovered by the wallet owner  

Entrant 2: bc1qzc8zku26ej337huw5dlt390cy2r9kgnq7dhtys created 0.00191247 BTC in unmixed change sent to bc1qjlltxr443uy236wl4xhpxlr6dgsu0zltlv3m44. This UTXO was used in a second tx0 transaction, creating a huge trail of transactions that could be traced to each other  

The 2nd tx0 transaction created 0.00076348 BTC unmixed change which was sent to bc1qehd7gy8rza9mnzm9wnfjhgw82rp47wmqt7vpgy

Since this unmixed change is below the .001 pool minimum, it was consolidated in a 3rd tx0 with 3 other addresses owned by the same wallet:
31x8GPqrhzdaxiBJa9N5UisuoxbX1rAnHa
16Gw5WKjbxZmg1zhZQs19Sf61fbV2xGujx
3LZtsJfUjiV5EZkkG1fwGEpTe2QEa7CNeY

The 3rd tx0 transaction created .00200317 in unmixed change which was sent to bc1q2p7gdtyahct8rdjs2khwf0sffl64qe896ya2y5
This was spent in a 0.00190000 payment to 3B8cRYc3W5jHeS3pkepwDePUmePBoEwyp1 (a reused address)

That payment left .00008553 in change that was tracked to 3Dh7R7xoKMVfLCcAtVDyhJ66se82twyZSn and consolidated with two other inputs in a 4th tx0 transaction:
bc1qeuh6sds8exm54yscrupdk03jxphw8qwzdtxgde
3ByChGBFshzGUE5oip8YYVEZDaCP2bcBmZ

This 4th tx0 created .00533406 in unmixed change which was sent to bc1qzh699s75smwukg9jcanwnlkmkn38r79ataagd9 which was consolidated with 3 more addresses into a 5th tx0:
3F2qiWQJKQjF7XFjEo8FUYP3AU5AC6RqX8
3HAYYVKUpYbr2ARMdZJr9yVu8xi8UcxtPz
3GQtwwRK31wwCc22q6WS5sCgixUHsG5KaT

The 5th tx0 created 0.00058494 BTC in unmixed change that was sent to bc1qvh2zjcwwkj9y70xulla2semvlav3lty0p3l3w3
This was spent in a .00047290 payment to bc1qvzg8jq6wqtr5navn4e3ps4qrkk9r6n4h98gjck

That payment left .00008411 in change that was tracked to bc1qg6j0f0wfhpktt2l8uzdn48ct3um2xyur40eyzd and consolidated with another input into a 6th tx0 transaction:
31iZLXWfoywhuMZTPGxTkpzphzh2NXshpP

The 6th tx0 created .00753775 in unmixed change that was tracked to bc1qgfll2apc27yct6h2c8r8wq4kqhxjsfrudhhn5q
This was spent in a .00737000 payment to bc1q5emzer2t0sq5dez0zsrqgh6scvwn0n24xsladp (a reused address)

This payment left 0.00010896 BTC in change which has not been spent yet, but the payment only took place 11 days ago, so I assume it will eventually be spent, allowing the Whirlpool user to be tracked even further.

Will the Wasabi work well if there is no concern about the agencies doing the chain analysis, as the motive is only to hide from family / friends?

Can we do this on centralized exchanges to save the fee?  Need no privacy from the governments or the exchanges.

Will the Wasabi work well if there is no concern about the agencies doing the chain analysis, as the motive is only to hide from family / friends?

That's not mixing. Sending TC wallet from one wallet to another and then from that wallet to another and then finally to the destination wallet. These transactions can be easily tracked even by a newbie like me. A simple understating and usage of explorers can get you track.

From track means they can find your source wallet from where you made a transaction. To avoid the tracking of source wallet, you should prefer to use mixers or wallets that have the feature of coinjoin. Even many hardware wallets have coinjoin feature. If you do not know what is coinjoin, then its means that joining/mixing coins so that no one could track the source wallet address.

Then you’ll be fine. All they will see is that you deposited on that exchange. Finding out which withdrawal coming from the exchange’s address is yours isn’t an easy task.

If you want to make sure no one plays detective, try withdrawing in chunks (e.g you deposit 0.025 btc and withdraw 0.01 and 0.015 to two different addresses rather than 0.025 at once to a single address).

The hardware wallet that I know that supports coinjoin is Wasabi. If you want to avoid chain analyses not to spy on your transaction, it is better not to use Wasabi coinjoin. He can use Whirlpool on Sparrow or Samourai wallet instead if he does not want to use a mixer.

There are mixers which are cheaper than exchanges.

- Jay -

The reason is to hide from the family/friends only, no issues with the higher official levels

Can we do this on centralized exchanges to save the fee?  Need no privacy from the governments or the exchanges.

It is possible to mix coins through exchange ?

If i deposit from my wallet BTC to the exchange and then withdraw them to another btc address, will my coins be tracked?

Even many hardware wallets have coinjoin feature.

The reason is to hide from the family/friends only, no issues with the higher official levels

Can we do this on centralized exchanges to save the fee?  Need no privacy from the governments or the exchanges.

The reason is to hide from the family/friends only, no issues with the higher official levels

Basically: your neighbors won’t be able to track you, but the exchange/police/government will if they want.

Use mixers or coinjoin instead. Or convert your bitcoin to monero and back to bitcoin on a decentralized exchange. With centralized exchanges, you have no privacy.

If you don't want to use mixers for some reason, then you can try to make several wallets (5 or 10) and mix coins by sending transactions between them.

I can't say how deep they go in their analysis, but they probably won't look at more than 10 transactions in depth.

It is possible to mix coins through exchange ?

If i deposit from my wallet BTC to the exchange and then withdraw them to another btc address, will my coins be tracked?

It is possible to mix coins through exchange ?
~snip~

It is possible to mix coins through exchange ?

If i deposit from my wallet BTC to the exchange and then withdraw them to another btc address, will my coins be tracked?