Topic: What solutions for small recurring needs of btc exchange? (Read 221 times)

Hello

@LoyceV
ok

@dkbit98
I really don't want to use my bank card, but the few attempts at bisq, hodlhodl, localcryptos were not successful: 
Too few people
My request with a small amount does not interest many
I will probably try again, with western union, otherwise I will take the risk with my card and hope to cut the link

@ChipMixer
ok

Thanks

Up to 8192 mBTC.
There are also "common" chips with less unique sizes: 0.25, 0.5, 1, 2, 4, 8 BTC.

If you deposit 10 mBTC you will get 8 + 2 mBTC chips.

I think you are complicating things so much... and I am telling you again that you should NOT use credit cards to buy any crypto if you care so much about privacy, plus you will pay much higher fees when using cards for that.
You can check all supported exchanges and payment gateways, look for some P2P options and do your own research, but my conclusion is that there is no simple solution for whatever you are looking for.

There are no 10 mBTC chips, only multiples of 2:
1 mBTC
2 mBTC
4 mBTC
8 mBTC
16 mBTC
...
probably up to:
4096 mBTC

Hi,

2/ convert Monero ->bitcoin
If I buy monero inf <$100 on binance with my credit card and then convert it to btc for my merchants via atomicdex.io (or other?)
=> There is no simple way to link my merchant purchase to my credit card!

the site coinplaza.it/requires KYC from fiat.
Because of the risks for the intermediary, I think it would be better to simply publish the Monero address ? or it would take a small piece of opensource script

chipmixer or other
=> It would be interesting to generate several amounts 10 mBtc, 1 mBtc ... !?  if I understand correctly? !! Important

You can't have anonymous credit card purchase so this is not a good idea.

Chipmixer is probably one of the best available mixers today, and I would never use evonax you mentioned before or any other unknown websites.

Yes you can add address the same way like you would add BTC address, and it's not any more harder to buy it then Bitcoin,
for example Bisq exchange, P2P websites and many instant exchanges are all supporting them both in same way.
If any of your "entourages" can buy trash like BCH that promises fake anonymity with cashshuffle than I don't see why they can't buy monero or real Bitcoin,
and using BCH can only confuse everyone and make them to send coins to wrong addresses.

It's very easy to start using Tor: Download Tor Project, and start the browser.

Example: If you send 0.001 BTC to Fixedfloat, you (currently) get 0.11884 XMR.
But if you send 0.001 BTC to BlueWallet, you get a (custodial) LN balance. If you then (minus small fees) send this to Fixedfloat, you get approximately 0.121867 XMR.
Playing around a bit (see BestChange) with different instant exchanges can help save on fees.

Re
Thanks for the follow-up
Cb = bank card, sorry for the shortcut

2/ convert Monero ->bitcoin
I'll note later to use TOR but impossible at the moment as it requires to learn these new techniques
I note for atomicdex.io (a priori not operational)
I found on my side: https://www.evonax.com/howitworks
=>what do you think of it?

chipmixer or other
=> It would be interesting to generate several amounts 10 mBtc, 1 mBtc ... !?  if I understand correctly?

Other alternatives
* I saw that BCH is accepted directly by merchants and that there is an "anonymizing" cashshuffle wallet/service: https://cashshuffle.com/

* =>This could be a good idea, just put an address on our website like a BTC address?
The current problem is that it requires the member to buy monero! For my entourage it is already difficult to buy BTC!
The ideal is to have a widget to automatically convert the currency into monero (if one day a developer reads and implements this tool ;-) )

* If I understood correctly (see LN replies in previous thread https://bitcointalksearch.org/topic/m.56985864), this is not suitable as I do transfers a few times a year for small amounts which will result in higher fees than other solutions! Unfortunately :-(

I don't know what exactly CB exactly is... but purchasing with any centralized exchange is always a risk and I would not call it anonymous.

I know some people are working on direct atomic swaps for BTC-XMR and that will probably come out this year, but you can also check atomicdex.io now.
This is non-custodial decentralized exchange but I think it is still in beta phase.

This is something like coinjoins that breaks your coins in multiple smaller addresses, it's also not for small amounts you are talking about, and please don't confuse BCH with real BTC Bitcoin.
You can always accept donations directly in Monero that is more private and has much lower transaction fees, and then swap it into Bitcoin whenever you want.

If you have to pay 13.57 mBTC, you don't send the private keys to the person you are paying... you send them 13.57 mBTC and your wallet will handle the "change". Note that this transaction would likely be quite large as you would have 14 inputs and 2 outputs and incur a relatively large fee.

Also, depending on the mixer service being used, you might not receive 14 x 1 mBTC UTXOs... it depends what service you use, and how you choose to withdraw your funds from that service. They don't all operate using "chips" like ChipMixer does.

If CB is Coinbase, I don't think they allow anonymous purchases.

Binance allows anonymous accounts, but isn't an instant exchange easier for these amounts? It tells you exactly what you get including transaction fees. For small amounts you may be able to save on total fees by going through a LN wallet (so the exchange doesn't charge you extra because they need to consolidate another input).

Just know that each step costs you a certain amount of money. It's usually a fixed amount plus a percentage, so the more conversions you do, the more you pay.

For small amounts, FixedFloat on Tor browser is probably the easiest.

I haven't tried cashshuffle. Forkcoin BCH has much lower fees than Bitcoin.

Private keys don't expire. But if they're created by someone else, you'll need to trust that party until you move the funds.

Part of it will go to fees, the rest ("change") is up to you. You can send it back to your "anonymous" wallet.

Hi,
I thank the last few members who responded 
I think the solutions are in
A) use of cryptoprivacy
B) blending by making a larger deposit

I'll see concretely for my next transactions to be as secure as possible:
Case A)
Objectives: anonymous purchase (CB) then storage to "anonymous" wallet
1/ purchase of Monero unit with CB ~100$ at Binance
2/ convert Monero ->bitcoin
3/ send to "anonymous" wallet
Questions:
* which converter to make Monero ->bitcoin?
* in my research, I saw that BCH is accepted directly by merchants and that there is an "anonymizing" cashshuffle wallet/service: https://cashshuffle.com/ - is this an interesting alternative?

Case B)
Objectives: collect small donations from a wallet with public addresses and then transfer to "anonymous" wallet
1/ wait until you have an amount >100$ on a wallet of an association
2/ use a mixer to send it to the "anonymous" wallet.
Questions:
* at the exit of the mixer, there is no problem for the duration of conservation to reuse "1 mBTC private keys"?
* If I have to pay 13.57 mBTC, I send "14 mBTC private keys", what happens to the remaining 0.43 mBTC?


Ok?

Bitcoin is pseudo-anonymous, so you have to break the chain. Using only one exchange doesn't help.

The usual choice is use of mixers, which was already explained and might work, especially if you deposit bigger amounts then withdraw multiple times.

The problem is that at such small amounts most choices are either impossible (CoinJoin), either not feasible because of the prices/fees (use of exchanges).
For example you can do it with 2 exchanges: deposit Bitcoin to exchange 1, exchange to [whatever], move [whatever] to exchange 2, sell for Bitcoin and withdraw to the donation address.
You'll see that the exchange/withdrawal fees will make this kind of tasks inefficient. And also Exchange 2 can link those funds to your name if they want to.

All in all, I see two possible options:
1. Mixers
2. Get them accept Monero and go anonymous directly.

It would seem that OP has overcomplicated things quite significantly with their attempt to explain their situation. I get the impression that:

1. They have some BTC in Wallet A
2. They have (or expect to get) regular donations in Wallet C
3. They want to be able to buy good/services "anonymously" using Wallet B (which is currently empty?)

So, the question is... how does OP get coins from A and C into B, without linking A, B and C?

The obvious solution would be: Use a Mixer/CoinJoin to "break the chain" and get coins into B that are not easily linked to A or C. However, it would seem that the OP wants to deal in $10-$100 range... which means CoinJoin is a non-starter (0.1 BTC minimum) and most mixers have minimum deposits of at least 0.001 BTC (~$50-60 USD), if not higher... not ideal, but might work.

Refer: https://bitcointalksearch.org/topic/2023-list-bitcoin-mixers-bitcoin-tumblers-websites-2827109

If you want to do multiple small deposits to ChipMixer (non-private wallet into private wallet) it is bad idea. Minimum deposit is 1 mBTC with 1 mBTC increment which mean you either deposit 1 or 2 mBTC.

If you want to do multiple small payments with ChipMixer (private wallet into shop wallet) it is possible to deposit 10 mBTC and withdraw 10 x 1 mBTC private keys and use them whenever you want.

Recurring mean it happens at regular intervals. Bitcoin does not give you that kind of automation.

HI @dkbit98

Ok thanks for taking the time to reply.
Indeed you did not understand my requests which explained that I separate the purchase or donation portfolios ..... from the portfolio to make more anonymous purchases
Not easy to make yourself understood in a complex field which is not my native language.

I still hope that someone will answer me and understand me because there are more people and my request is urgent (I've been going around in circles for a week)

If you used credit card to buy Bitcoin than your address is now linked with your identity, but you didn't say what wallet or exchange you used.

Your own wallet like Electrum can have many receiving addresses and you can keep your doantions separate from all other coins.

Electrum is not anonymous wallet, every transaction is public and visible to everyone, especially if you purchased bitcoin with credit card.
If you passed any KYC on binance exchange it makes no sense to use them, there is always a risk they can lock and freeze your account and I heard they had some issues with withdrawals.

Please note that you need to have minimum 0.1 BTC to use Coinjoin option in Wasabi wallet.
For higher anonymity set you need to wait more time and bitcoin will be more private after that, but it will never be totally private.

Stop confusing your wallet with address used in exchange that you can't control.

I honestly think that I don't understand anything about your use case, and maybe you should ask someone in local bitcointalk forum with your native language (French I guess).

Ah it's my bad English because I think I've already answered all these questions; I'll try again

Yesterday I bought with my credit card on a wallet
Tomorrow, we will receive donations on a wallet

Today, I urgently need to make an exchange with electrum (walletA => wallet B ) in the most "anonymous" way possible: what are the right settings (electrum v4.1.2, best method; go through an intermediary: binance?

I used to make all these purchases with paypal or credit cards from these merchant (often an annual subscription). I think I'm honest, I pay for goods or services but I'm afraid of the increasing control in our "democracies".
I want to gradually use the best crypto techniques to protect my privacy

Edit:
According to my use cases, I wonder
A/ if wasabiwallet (with coinjoin) can be a good solution and if so how to transfer amount in bitcoin from my "walletA" electrum to a "walletX" wasabiwallet between my wallets?

B/ Otherwise another possibility seen on the web;
"1/ If 100€ in btc: You send them to for example 4 addresses of your wallet (exchange included), preferably blank, making sure that one will contain at least the amount of the transaction you want to make, thanks to the Pay to many function (in Tools).
2/ Then you take in input the address that contains at least the amount of the transaction you want to make by doing a "Spend from" on it (right click) and you send the desired amount to the address of your supplier (the 55€). You can also add one or two additional addresses from your wallet with Pay to many in your transaction to confuse things a bit more.
ps: After the addresses that you have used to obfuscate, it is better to label them and freeze them until you no longer use them to avoid electrum dipping into them without you paying attention."

What do you think or another solution for my use cases?

That's because of this:

Again: what exactly are you trying to do? Buy with creditcard? Receive donations in Bitcoin? Make anonymous transactions to merchants?
If your plan is to take the Bitcoins you bought with your creditcard, and buy something "shady" from a merchant, then transfering from walletA to walletC to the merchant isn't going to guarantee you privacy.

re
Thank you for your feedback.
I was going for Lightning but here I got the answer that it was not interesting
https://bitcointalksearch.org/topic/m.56761967

I'm not sure if it's a good idea to use a chipmixer in the long run.
Now, without going through this solution (a little complicated and more expensive) for me, it seems that there are solutions on electrum (well understood that it is not perfect nor very anonymous)
For example in the electrum 4.1.2 configuration, what are the optimal settings?
* use currency addresses: yes?
* use multiple currency addresses: yes?

Your story is slightly unclear Moving coins from walletA to walletC doesn't change the fact that they're linked on-chain. What exactly are you trying to accomplish?

Sending $10 (say 0.0002 BTC) is barely worth it, as transaction fees are often higher than the amount you're sending.
Fees are currently the lowest they've been in 4 months. If you want to have a quick solution: just make the payment now.
Long-term, for small amounts, switching to LN might be an option. I use it whenever I can to minimize fees.

Hello,

I bought with my credit card, via a platform, bitcoin on a "walletA". I would like to give an association the possibility to receive donations in bitcoin (as it is the most known) on a "walletC": all these chains are public!

=> I'm looking to transfer bitcoins from time to time (a few times a year) from a "walletA" or "walletC" to a "walletB" with Electrum v4.1.2 (as I have some bitcoin on it to experiment with these transactions today) to make quick transactions of amounts between 10$-100$ while minimizing the fees

From this "walletB", I will be able to make purchases (most often recurring yearly) on merchant websites, more anonymously, without going through more complex techniques (tor ... ) because I am a beginner, I am just starting to understand a number of concept. I'm keeping an eye on monero (or dash ? more frequent) but there are several things to take into account
* I need to find a solution very quickly.
The provider offers its own payment solution with BTCpay.
* I have spent a lot of time looking for alternatives but there is always something that holds me back; e.g. blenders (a bit complex for me and requires btc amounts that would force me to buy more btc via platforms quickly)