Hello,
I usually get this question of people wanting to anonymize their BTC.
To this, the answer is one of the 2 methods :
1) use BTC mixer such as WASABI
But there are talks about people getting involved in illegal things just because their BTC were mixed with illegal related BTC.
2) send your BTC to an exchange like bitbox, kucoin, huobi ... then buy monero, send them to another exchange like bitbox, kucoin, huobi ... and buy back BTC
But what if those exchange are linked together so that monero transaction between two of them will be identified.
Are there other methods? what is the best method between the two above?
Thanks
You can exchange your bitcoins P2P for an anonymous cryptocurrency like monero and then you send them to another wallet and then your funds will be untraceable for sure.
Or as a second option you can search for an exchange that doesn't require you to submit a KYC for initiating an exchange, then again send your coins buy monero, send them to another address and you will be anonymous. The privacy features of Monero makes it untraceable to prying eyes and this should be adapted by other coins also to make them more useful.