Post
Topic
Board Wallet software
Re: Using Instant Exchange
by
gunhell16
on 11/09/2023, 05:32:29 UTC
I would like to know if i use Instant Exchange https://exch.cx/ and convert my bitcoins to litecoin, will it serve as a mixing too and my coins can't be traced (act as a mixer) ?

Meaning if i do multiple transactions using that Instant Exchange and convert Bitcoin to Litecoin. (The destination address of LTC remains the same in all the transactions )

My answer to your question on exch.cx is that it does not serve as a mixer, so your coins do not merge. Instead, your coins can be like a trace when you use them, dude. Maybe you should understand what a crypto mixer is and how it works. How does crypto Mixer work?

We know that the mixer can be centralized or decentralized. Now,  if you really want to use a mixer, what I can recommend to you is Coinjoin You can use it because it's not an exchange, but you should also know that mixing still has risks involved if you're not careful.