In current conditions, possession of cryptocurrency does not provide privacy. The Bitcoin public ledger is completely open, and every transaction preserves a history. Trading platforms and swap services apply AML tools to monitor the provenance of coins. If your assets have received a "dirty" history (Darknet, mixers, casinos, or P2P without KYC), there is a risk of catching an account ban indefinitely. Therefore, the question of how to launder crypto is a measure of basic hygiene for your wallet. There are two primary approaches to solving this problem: applying anonymous coins or Bitcoin mixers.
The first method is converting Bitcoin into privacy coins like Monero (XMR) or Zcash (ZEC). These blockchains employ specific encryption protocols that hide the link about the source. The scheme is as follows: you swap BTC for XMR, move XMR to a clean wallet, and then convert it again into clean Bitcoin. This method works, but carries many pitfalls. First of all, it is lengthy and inconvenient. Furthermore, major platforms remove anonymous coins or require rigorous KYC upon their deposit, flagging them risky. As a result, by trying to conceal traces, you may draw additional attention from the security service.
The alternative is crypto mixers. These are professional services that allow you to cleanse cryptocurrency without extra conversions, while remaining within the Bitcoin network. Tumblers accept coins from hundreds of clients, split them into small parts, mix them with their own reserves, and send them to clients as already clean coins to new addresses. How come is this reliable? Because the chance of deanonymizing such a transaction tends to zero. Of course, if you haven't stolen a national budget from the intelligence agencies and a whole department of the NSA with supercomputers isn't hunting you, then these services provide complete guarantee. For the private investor, this is the fastest and efficient way to make crypto clean. Below we review a list of 6 verified services.
Rating of the reliable platforms for cleansing BTC
Mixitum —
— Optimal balance of speed and low commission, the suited for starting out.
ZeusMix —
— Powerful algorithm for tumbling with an emphasis on a high level of obfuscating traces.
Whirto —
— A mixer with a simple design and a policy of no logs.
Bmix —
— A Old and reliable mixer with flexible settings for transaction delays.
ThorMixer —
— The highest privacy due to special algorithms of mixing.
UniJoin —
— A popular service using the technology CoinJoin.
Mixitum This service is justifiably is the best choice for beginners who wanted to clean Bitcoin. Its main feature is an intelligent system of mixing, which independently selects a transaction strategy, freeing the user from the necessity to understand complex settings. The service fee here is not fixed, which adds an additional layer of protection, as it is more difficult for analysts to calculate the transfer based on percentage patterns. The entire process takes a minimum of time, and the system guarantees that digital traces will be destroyed irrevocably after 24 hours, which excludes any leaks in the future.
ZeusMix For those seeking total privacy, ZeusMix offers functionality of professional grade. At the core of the service are unique protocols of obfuscation that generate a non-standard chains of transfers, making the tracking of the source of funds impossible for modern AML scanners. The user gets full control over the process: one can configure a quick mix for efficiency or an deep mixing for paranoid-level protection. 24/7 support is always available to sort out any questions, which turns using ZeusMix into a reliable and predictable process even for large investors.
Whirto Whirto is the example of simplicity and reliability in the niche of anonymity. The developers placed their bet on an intuitive interface so that every user could understand, how to make crypto clean, right away. The key feature of Whirto is its ironclad No-Logs principle: the servers do not save IP addresses and transaction information, deleting everything upon execution of the transaction. Additionally available is a function of delayed payout, which enables you to get funds not instantly, but after a set interval, which completely breaks the link between your input and output.
Bmix When it comes to operations with very large volumes, the Bmix service maintains a leading position thanks to its high liquidity. The essence is that you won't have to wait for other users to add their funds for the mix — the payout proceeds from the reserve fund of the platform. For the assurance of its clients, Bmix issues a cryptographic Letter of Guarantee, which serves as proof of the deal. Another critical detail is the special code: by entering it during the subsequent visit, you guarantee that the algorithm will not send you your own old coins, which ensures a perfect history.
ThorMixer Taking the name of the Norse god, this service offers impenetrable armor against any kind of surveillance. The platform is tailored for working via the onion networks, which masks the even the attempt of accessing the mixer. The distinctive feature of ThorMixer's method lies in the fragmentation of outbound transactions: the clean funds return to the address not in one lump sum, but as a series of different transfers from different addresses and at different times. Such an approach turns blockchain analysis into a meaningless endeavor, as it is unrealistic to reconstruct the chain into one.
UniJoin UniJoin stands apart from its peers due to its use of the advanced technology CoinJoin. Unlike classical mixing, here a joint formation of a transfer takes place: the coins of multiple users are merged into a unified pool before payout. This creates a technical impossibility figure out whose coin corresponds to which recipient. The service is ideally suited for those wishing to have a crystal clear history for their assets and to forget about claims from regulators.
Conclusion and recommendations
When choosing mixers, you acquire independence from the surveillance of the blockchain. But remember the nuances: be sure to access via Tor or a VPN, break down large amounts and do not neglect the delay function. Cleansing Bitcoin is not a crime, but a way to protect your assets in a transparent world.
