Post
Topic
Board Service Discussion
Re: YoMix warning
by
stompix
on 19/10/2023, 13:50:17 UTC
@OP I'm sorry to say this, but it's really stupid if you link mixed coins to centralized exchange because centralized exchange will never want to accept sources from a mixer.

I've send mixed coins by mistake to Bitstamp, there was another CM campaign user that did so just like me without a problem, I think another one sent them to Biannce and yet we have no issues with it even after CM was taken down.
It ala comes down to the mixer, the sum of funds, and the user, if you're a guy who just deposited $100 a month and then you're spending $30k obviously you're going to trigger flag but for small sums with the correct mixing, nobody is going to give you any headaches.

Oddly enough in the end using unorthodox methods like withdrawing from an exchange makes for better and also much cheaper mixing.. 

How do you get the funds there in the first place?
That's what OP tried and got into the troubles were seeing!

There's still plenty of exchanges that don't require any form of documentation for "Know Your Customer" regulations if you're dealing with crypto-only transactions.

And we have hundreds of stories from these no KYC exchanges that suddenly decide your funds are suspicious and ask you for every single possible document, knowing all to well you will not be able to provide them and just freeze your coins. To whom are you going to complain? File a report against a company in Cayman Island or Bahamas?  Wink

I sold an old laptop to a friend for cash. I used the cash to pay a builder who was doing some work for me, and he disappeared without completing the job. Therefore, beware of selling things to my friend! Huh
I traded cash for bitcoin using Bisq. A scammer on Telegram then convinced me to send them my bitcoin and I lost everything. Therefore, beware of using Bisq! Huh

Lol, you got me there for a moment I didn;t realzie it's an example and I was like wtf, o_e_l_e_o gettign scammed over telegram?  Roll Eyes