How to remove traces / records of bitcoin

[UmerIdrees]

I would like to know suggestions or wallets that can help mix the coins and we loose track of the chain analysis. I am free to convert my bitcoin to any other currencies and then convert back, even flexible to move coins between exchanges (centralised ones), but what I would not like is to use any mixers or any online exchangers.

Any suggestions / tips?  

Note: I hope it is not against the forum policy to discuss this  

[Mia Chloe]

I would like to know suggestions or wallets that can help mix the coins and we loose track of the chain analysis. I am free to convert my bitcoin to any other currencies and then convert back, even flexible to move coins between exchanges (centralised ones), but what I would not like is to use any mixers or any online exchangers.
Any suggestions / tips?  
Note: I hope it is not against the forum policy to discuss this  

Well you can use a coin join it works and it's quite effective in cleaning coins or alternatively you could use and exchange but that then depends on if the exchange keeps a log of your addresses after a transaction or swap has been completed. Even those mixer use a bridge most times to improve privacy.

Most do coin join , swap then after a while redistribute. It depends on timing and using a privacy coin as a bridge to kill traces.

[TryNinja]

Another option to achieve privacy is to use a bitcoin mixer, like the ones listed on bitlist.co/mixers

For simple on-chain privacy (if you don't care about a big regulated service knowing about your coins), you could also just deposit into an exchange like Binance and withdraw to a different address. Mix a few networks and it's pretty hard to keep track of your movements.

[satscraper]

I am free to convert my bitcoin to any other currencies and then convert back,

Are you sure it will help you?

Relevant chain analysis agencies state that they may follow funds across multiple blockchains and cluster your addresses. Some details of technique they use is described here. Therefore, you should have a fertile mind to resist their efforts.

[Synchronice]

I would like to know suggestions or wallets that can help mix the coins and we loose track of the chain analysis. I am free to convert my bitcoin to any other currencies and then convert back, even flexible to move coins between exchanges (centralised ones), but what I would not like is to use any mixers or any online exchangers.

Any suggestions / tips?  

Note: I hope it is not against the forum policy to discuss this  

So, you don't want to use mixers and instant exchanges, right? I'm curious about why you don't want to use instant exchanges because they are your best bet in this case but anyways, let's continue with the given requirements.
CoinJoin is your best bet, either with your wallet or with 3rd party CoinJoin wallets but keep in mind that if you deposit Coinjoined Bitcoins to a centralized exchange, you might be banned. Maybe find a person who wants to buy something with Bitcoin and instead receive an altcoin from them or find a person who wants a Bitcoin loan and receive new Bitcoins from them to a new wallet when the payment date comes. There are many things that you can do if you turn on your creativity but I'm not gonna write them because they sound too good and abusable.

[bitmover]

I would like to know suggestions or wallets that can help mix the coins and we loose track of the chain analysis. I am free to convert my bitcoin to any other currencies and then convert back, even flexible to move coins between exchanges (centralised ones), but what I would not like is to use any mixers or any online exchangers.

Any suggestions / tips?  

Note: I hope it is not against the forum policy to discuss this  

There are many ways to do that.

You can send your bitcoin to some KYC-free exchange such as hyperliquid for example, then withdrawal some USDC.

You can also send your bitcoins to a mixer, there are many in altcoinstalks, such as:
https://www.altcoinstalks.com/index.php?topic=314446.0
https://www.altcoinstalks.com/index.php?topic=312906.0

After sending coins to a mixer, you will break the connection between your new coins and the old ones

[HyperCodexV]

I would like to know suggestions or wallets that can help mix the coins and we loose track of the chain analysis. I am free to convert my bitcoin to any other currencies and then convert back, even flexible to move coins between exchanges (centralised ones), but what I would not like is to use any mixers or any online exchangers.
Any suggestions / tips?  
Note: I hope it is not against the forum policy to discuss this  

Well you can use a coin join it works and it's quite effective in cleaning coins or alternatively you could use and exchange but that then depends on if the exchange keeps a log of your addresses after a transaction or swap has been completed. Even those mixer use a bridge most times to improve privacy.

Most do coin join , swap then after a while redistribute. It depends on timing and using a privacy coin as a bridge to kill traces.

One of the core mandate upon which bitcoin is built is the feature of transparency, so the talk of excluding the aspect of traces should not even be considered an option, i think what people normally tend to do is to see how the privacy can be improved and not think of deleting or erasing the records or transaction histories. One of the method out there that helps in breaking the link between addresses and still try to maintain the on chain activities to be visible is CoinJoin. Another thing that can add some layer to it is by using swaps or exchanges but it is sorely dependent  on the fact the platforms keep their logs. Another thing to keep in mind is to understand the fact that bitcoin is by design very traceable and the analysis can be made hard by some privacy tools but at the end of the day it doesn't make the transaction invisible.

[BlackHatCoiner]

You basically have two options:

• Wasabi Wallet: You install it, select and configure a coordinator from liquisabi.com, and leave your coins get coinjoined. Read more about it in: https://wasabiwallet.io. Make sure you actually read how it works so you aren't caught off guard in any situation.
• Bisq: You swap your BTC for XMR and then you find some no-KYC exchange that accepts XMR for BTC. Or alternatively, use Haveno which is Bisq but for Monero (and accepts BTC/XMR swaps in both ways, IIRC).

[dkbit98]

I would like to know suggestions or wallets that can help mix the coins and we loose track of the chain analysis. I am free to convert my bitcoin to any other currencies and then convert back, even flexible to move coins between exchanges (centralised ones), but what I would not like is to use any mixers or any online exchangers.

Any suggestions / tips?

Easy way is to use something like Wasabi or Ginger wallet with coinjoin method.
More complicated fully decntralized alternative is to use Joinmarket with something like Jam interface.
Another option is to use atomic swaps to convert Bitcoin to Monero, or maybe moving BTC to Liquid Bitcoin L-BTC and than back to BTC mainnet.
Note that Liquid network is federated but it has confidential transactions.

[PrivacyG]

I do have a tip that is very useful.  Before you actually spend any Bitcoin on Fees doing this you should know that taking this path means you should continuously care where your Bitcoin goes and which UTXOs become 'de Anonymized' in the future.  If you put UTXOs you get from Bitcoin Talk through Coin Joins and break their links from your account and then you spend one of the 'Anonymized' UTXOs together with one of the future Bitcoin Talk UTXOs, your Coin Joins are now only a waste of Fees and time.

The best way to avoid this is separating your non Coin Joined Wallet from your 'Anonymous Bitcoin'.  Then you know that any thing going to your 'Anonymous Bitcoin Wallet' should not come from any thing related to you and no Bitcoin you spend from that Wallet should go to an Address that will not be related to you.  It is a lot more effort than simply using Bitcoin like most other people do.

[Mia Chloe]

~snip

Also CEX are very bad for anonymous coins because I've noticed most times that a lot of people make the mistake of totally tarnishing their coin anonymity by making use of CEXs. A lot of CEX blacklist mixers and coin join services and their addresses which means an automatic loss of coins most of the time if they ever made that mistake.

Also this your explanation further buttresses why address reuse is not healthy for an anonymous wallet or anonymous transactions rather.

[PrivacyG]

Also CEX are very bad for anonymous coins because I've noticed most times that a lot of people make the mistake of totally tarnishing their coin anonymity by making use of CEXs. A lot of CEX blacklist mixers and coin join services and their addresses which means an automatic loss of coins most of the time if they ever made that mistake.

I would generally advise to never deposit all the Bitcoin you want to Trade at the same time, this is a very good habit to learn.  If you split it in smaller units your risk is much lower and if they decide your Bitcoin is 'tainted' you can say no to the Know Your Customer and move on with a small loss.  You can have the cleanest Bitcoin, they have many excuses they can use if they want to screw you up.

[hugeblack]

Generally, exchanging Bitcoin to altcoins and then back to Bitcoin doesn't enhance your privacy unless you exchange Bitcoin to Monero, wait a random time, and then split your transaction across multiple no-KYC exchanges.

https://splash.tf/ might offer this feature ( BTC ---> XMR ---> BTC)
https://mixero.io/ (mixer) : They have a XMR privacy bridge, but you should trust them.

[The Cryptovator]

Exactly, I did the same things on the SafePal wallet, probably last year. Once Binance suspended my account due to funds coming from the mixers, one of my clients did it. I was stupid to receive funds on Binance directly from the clients. After that, with the funds I received from the clients, I use this tactic to remove the trace. SafePal had been offering swaps through exchange routes; there were two routes from Binance and MEXC (there might more many routes right now). That time there weren't KYC requirements. So easily I swap funds and deposit into the exchange then. So it does cut the chain, and deposit funds are fresh.

But make sure now SafePal has this option that you need; you can even find a bridge system there, so look for what you need there. But try with the small amount; I hadn't faced issues during swaps from the Binance routes or MEXC routes. I am not sure if there are any changes now since I have not been using the SafePal wallet for years; they (the route) may or may not ask for KYC. But I am pretty sure you will find what you need in a safe way.

[Forsyth Jones]

It's not that difficult to remove the traces of your utxos, but you should take some precautions. Gather all the tips you've got in this thread and do the following analysis:

- Is the service centralized, and/or does it keep logs of your transactions and your IP address?

- Does the service login or perform KYC? Avoid such options, especially if they include KYC.

- If possible, always access and perform operations via Tor (download the guarantee letter if it's an instant-exchange, if that option is available).
- Consult the laws of your country and try to do everything within the law to avoid any surprises.

You have several options here: Bisq, splash.tf, etc (BTCxXRM > XMRxBTC), stablecoins like: USDT, USDC (hyperliquid)
Boltz.exchange: You can swap BTC for Lightning BTC and Liquid-BTC. After exchanging through one of these options, you can keep your balance on the Lightning or Liquid network, and after 1 week (more or less), swap it back to the main BTC on-chain network.

Before proceeding with any of the options in this topic, always test with small amounts, because if something goes wrong, you won't lose all your BTC assets. Even if you get experience, never send the entire balance at once if the balance is very large.

[satscraper]

Any suggestions / tips?  

You cannot remove the traces of your past transactions, but you can protect your future ones by using Silent Payment (SP) ^{BIP 352} technique.

To do this you must generate SP address for yourself using, for example,Silentium wallet ^{there may be others that can do this as well, but I’m not certain,DYOR}, like this:



Then send funds to this SP address from any wallet that supports SP sending. I would choose Sparrow, which has supported this feature since version 2.3.0.

After moving your entire stash to SP address in this way your future transaction history will remain private as long as you consistently use SP compatible sending ^{from your SP address} for all future transactions.

[Pmalek]

Ideally, you find someone to do a 1:1 swap that includes your bitcoin for their monero. You could even create a thread in the currency exchange section of Bitcointalk and offer that. After some time, you can swap back from monero to bitcoin, either on the forum or using one of the no-KYC exchange options that are available.

Keep in mind that the new BTC you receive might also be "tainted" and fail risk score assessments if you send the coins to a centralized service. That's always a risk.
For even greater privacy, you would be running your own monero and bitcoin nodes.

[virasog]

I would like to know suggestions or wallets that can help mix the coins and we loose track of the chain analysis. I am free to convert my bitcoin to any other currencies and then convert back, even flexible to move coins between exchanges (centralised ones), but what I would not like is to use any mixers or any online exchangers.

Any suggestions / tips?  

Note: I hope it is not against the forum policy to discuss this  

First of all, are you willing to bear the fee for this purposes ? Apart from the advice related to moving your bitcoin to centralized exchanges and then moving out to another address, it may be the cheapest method, but not as effective.

Other effective methods like coinjoin or using mixers or converting to XMR from exchangers will cost you a significant amount of fee and maybe you not willing to spend that much amount.

[Pmalek]

First of all, are you willing to bear the fee for this purposes?

Your question makes sense. Centralized exchanges have very low trading/swap fees. If you get used to those, you will think that a 1% or 2% fee that you see on certain no KYC exchanges is a lot, and that it's not worth using them. But anonymity has its price.

I just noticed that OP said he wasn't willing to use "online exchangers". All of them are online exchangers, regardless if DEX or CEX. It's worth asking what he meant with that. Perhaps he wanted to say instant exchanges.

[UmerIdrees]

Your question makes sense. Centralized exchanges have very low trading/swap fees. If you get used to those, you will think that a 1% or 2% fee that you see on certain no KYC exchanges is a lot, and that it's not worth using them. But anonymity has its price.

So how much fee do we expect if we are to use coinjoin or mixers and not use the centralized exchanges 

I just noticed that OP said he wasn't willing to use "online exchangers". All of them are online exchangers, regardless if DEX or CEX. It's worth asking what he meant with that. Perhaps he wanted to say instant exchanges.

Yup, the story is that it is heard that Binance may become legit in our country in few month time and therefore the government may get to know about our crypto holdings, etc. Even if I am holding most of the crypto outside of Binance, but when you move your funds to some external wallet, the exchange can see where you transfer, and basically that wallet balance also becomes your wealth that the government asks for the taxes and all this stuff. So needed to find a way so no one can track which wallet addresses I own.