Quote from: ZeeshanTrade on September 10, 2023, 04:10:28 AM

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 )

If, as you said , destination address in all transactions is the same, then the mixing via https://exch.cx/ has no sense,you will be traced by chain-analysis agencies. On the other hand if those addresses are different and you will make a few swap rounds using Instant Exchange/s as well a few intermediate transactions (that don't reuse addresses) between those rounds then your coins will become less traceable.

Chain-analysis uses heuristics to trace coins thus, in my view, it would be helpful if you could read the relevant guide divided into four parts iurl=#ANK01]^[1][/iurl], ^[2], ^[3] and ^[4].

[1]. Understanding Bitcoin Privacy with OXT — Part 1/4
[2]. Understanding Bitcoin Privacy with OXT — Part 2/4
[3]. Understanding Bitcoin Privacy with OXT — Part 3/4
[4]. Understanding Bitcoin Privacy with OXT — Part 4/4