Post
Topic
Board Bitcoin Discussion
Re: Mixer Detection in 2021
by
24Kt
on 03/11/2021, 21:55:58 UTC
Which exchangess? Most of the US based ones, like Coinbase & Gemini will close your account if they think funding is coming from a mixer. There are lots of discussions about that happening here and on many other sites.

Other ones, in other parts of the world, who knows. Depends on their mood and how much BTC.

Also, if you are not doing a straight BTC -> fiat exchange may be a bit less strict. Where some others, really don't care at all.

As for if it's from a mixing transaction or not. Depends who you ask: https://bitcointalk.org/index.php?topic=1935098.msg58313016#msg58313016

-Dave



Yes I guess that makes a lot of sense as US based exchanges are under very strict scrutiny and pressure to live up to compliance requirements. I can think of a good number of exchanges that wouldn't care at all. At the same time those are also exchanges where you sometimes fear that they might have closed their doors the next morning you wake up.



Also, the OP is talking small amount only, so maybe, that is the reason why it was not flagged down because the exchange maybe just let it pass. But if you are talking of good amount of money, that's when you start getting nervous as the exchange may double check your transaction. So I believe, this is a case to case basis. Don't get too confident if initially, the exchange didn't flag you down, and you're thinking that next they won't because they may flag you next time.