Post
Topic
Board Development & Technical Discussion
Re: Mixing Bitcoin twice in series in case your mixer is a bad actor or mixes poorly
by
AdolfinWolf
on 08/06/2019, 12:01:13 UTC
snip

Wouldn't it better to send bitcoins through out  the chain of  say five-six exchanges (where you have anonymous accounts) , return them back   into wallet and then we're there? Each exchange would act as a kind of  mixer in this case.
Could you name 5-6 anonymous exchanges? The only one i can think of is binance (which does chain analysis, so you'll need to find some more exchanges to effectively mix your coins), and yobit, which i find particularily untrustworthy.

Another problem is that most of these exchanges usually ask for .5 or 1% withdrawal fee. multiple that by 5x, or 6x, and you'll be paying massive amounts of fee for what might be just very little improvements in privacy.