How to "wash" your coins

[FruitsBasket]

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

[Mickeyb]

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

Different tumblers and mixers do exist but people claim that these are not 100% sure, that they don't work 100% as advertised. This what you want to do is actually quite hard to do, as the address trail will almost always be left somewhere.

Bitcoin is semi anonymous, it protects your real world info very well if you are careful enough not to attach it to the certain address. Addresses on the other hand are quite hard to hide since they are seen and findable by everyone on the blockchain.

[FruitsBasket]

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

Different tumblers and mixers do exist but people claim that these are not 100% sure, that they don't work 100% as advertised. This what you want to do is actually quite hard to do, as the address trail will almost always be left somewhere.

Bitcoin is semi anonymous, it protects your real world info very well if you are careful enough not to attach it to the certain address. Addresses on the other hand are quite hard to hide since they are seen and findable by everyone on the blockchain.

Thank you for the explaining
Have you ever used it before?

[7788bitcoin]

I think the best way is to have your own Bitcoin exchange. This is why exchanges are under the radar of AML law.

[gentlemand]

You need some caution with mixing services. It's prime scam territory so check reviews carefully on here before taking the plunge. Another alternative is to deposit coins on an exchange and withdraw. Most of them pool coins in the same address so outputs will be difficult to trace.

Your name of course will be attached unless you use an altcoin only exchange that doesn't require ID. Again, make sure you're using a well regarded alt exchange.

[Nikinger]

I think the best way is to have your own Bitcoin exchange. This is why exchanges are under the radar of AML law.

I don't think that's a good idea because you have track everything because of these KYC/AML laws.

Some of the best option are in operating your own (onion) mixer service which is being well-established and trusted. In this case you have full control of the log files created by your own service. If I were a mixer operator which is taking it's own medicine, I would also keep logs for troubleshooting for 7 days but encrypt the logs with an asymmetric encryption scheme like RSA2048.

[Mickeyb]

I am ineterested on how to wash your coins. By that I mean that I get my coins inn a new address but untraceable?

It is not that I am doing something wrong. I am just interested.

Different tumblers and mixers do exist but people claim that these are not 100% sure, that they don't work 100% as advertised. This what you want to do is actually quite hard to do, as the address trail will almost always be left somewhere.

Bitcoin is semi anonymous, it protects your real world info very well if you are careful enough not to attach it to the certain address. Addresses on the other hand are quite hard to hide since they are seen and findable by everyone on the blockchain.

Thank you for the explaining
Have you ever used it before?

No, honestly never. I never had any need of it. All that I have written above is from reading and experience of others. I you need more info, I am sure people will share their experiences and you can find everything online by researching and reading various threads.

[Aswan]

Exchange them into coins that have privacy features, use said features and then exchange them back to bitcoin.

[Goldman Sucks]

With cryptonote coins such as Monero (XMR), the mix is built into the protocol. So when you send the coin, it is not traceable. You do not need a mixing service.

[FruitsBasket]

Exchange them into coins that have privacy features, use said features and then exchange them back to bitcoin.

Wow, that is really smart
I will do that if I need my coins mixed :p

[UserVVIP]

I would recommend bitmixer.io

I have never had a problem with them ever.

[zPanda]

It's called tumbling or mixing.

https://bitmixer.io/index.html

A famous site.

[smoothie]

If the solution you are hearing is "mixing them" that is a risky proposition because:

1. You have to trust the mixing party will send you coins back

2. You may get more dirty coins (linked to a theft/crime)

[ShopemNL]

You can buy mint coins (comming from miners) with your regular coins?

[gentlemand]

Exchange them into coins that have privacy features, use said features and then exchange them back to bitcoin.

You're depositing BTC on an exchange and you'd want to withdraw BTC from an exchange. Everything probably ends up in the same hot wallet no matter how many other coins you're running in and out of.

[DiamondCardz]

You are Party A. The other party is Party B, a mixer, person or whatever.

You have address A and address B. The BTC is on address A.

Party B has a mixer where you send bitcoin to address C and (effectively) a separate source of bitcoin ends up coming out of address D. In reality, address D could be a large source of addresses.

You send your BTC from address A to address C, where the mixer mixes it for their own use for other things. You then get bitcoin from a separate source of mixed bitcoin (without the bitcoin you sent to address C) which goes from address D to address B. Therefore you have moved the BTC from address A to address B and mixed it, or "washed" it.

[chek2fire]

i pass them through an old zx spectrum basic system

[AltcoinInvestor]

You can put it through a bitcoin tumbler such as bitmixer. They will take a small fee though.

[OROBTC]

I would recommend bitmixer.io

I have never had a problem with them ever.

Seconded.  I have used bitmixer.io many times just to keep my own BTC trail more private.  They have always treated me right.

Once I had a problem (my fault, but not scam, an honest reparable mistake), and they fixed me up after I proved my case.

Highly recommended.  Their fee is a semi-random amount (more or less your choice) of between 0.5% - 1.0%.

Do follow the instructions!

[Rude Boy]

User some mixers like bitmixer.io for untracable. If you don't trust the mixers, then send your coins to any exchange or a gambling site (don't play that) and withdraw to another bitcoin address after the transaction was confirmed. That's it you'd done