Post
Topic
Board Development & Technical Discussion
Re: Mixing Bitcoin twice in series in case your mixer is a bad actor or mixes poorly
by
ETFbitcoin
on 08/06/2019, 17:10:36 UTC
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.

There are 4 major problems :
1. Almost all exchange are regulated by government
2. All of them certainly log user activity, including IP, user agent & browser fingerprint
3. If you deposit large amount of Bitcoin, the exchange most likely will ask for KYC verification (or your Bitcoin will be frozen)
4. Exchange where you're allowed to be anonymous most likely is shady/scam exchange

Additionally, it's annoying to create multiple account and make multiple withdraw request. Some of the problem could be solved if we use gambling website.