[ANN] Mixero.io | Best Bitcoin Mixer | Extra Layer of Privacy by XMR Bridge

[bitmover]

There are many AML-related proposals for user accounts in this market, I'm not sure if in the future Mixers can apply them to protect themselves. For example, the amount of BTC related to fraud will be rejected when accessing Mixers, only "clean" BTC can be mixed to protect users identity.

That can defeat the whole purpose of using mixers...

Mixers should be based in fugibility of coins, I.e., all coins should be treated equally.

Bybit hack is a very unpleasant situation for the whole community

[TryNinja]

I don't understand why people are so concerned what Mixero or other services are going to do with incoming coins... they are created for this purpose exactly, like it or not.
I think our biggest enemies currently are big cent4ralized exchanges and governments, combined they can create huge damage in Bitcoin ecosystem.
But another problem is that regular users are so used to listening and trusting both of them, that they started to join attacks to services who provide privacy services and don't ask for any verification.

The problem is that if Lazarus dumps his coins on a mixer/service and later you use that mixer, you'll end up with one of those coins. Then you deposit on Coinbase or Binance and they block your account.

Yes, I know... don't use centralized services that treat BTC as non-fungible and block accounts because of "dirty funds", but nowadays that's hard and I still need to use centralized services from time to time... I once had an exchange asking me about my txs, imagine if I had to say I used a mixer and they were like "sorry, those are lazarus coins, so we'll freeze your account"...

Not saying we need to bend to them, but better sorry than safe so I'll just pray my mixers don't get used by Kim Jong Un and co.

[examplens]

There are many AML-related proposals for user accounts in this market, I'm not sure if in the future Mixers can apply them to protect themselves. For example, the amount of BTC related to fraud will be rejected when accessing Mixers, only "clean" BTC can be mixed to protect users identity.

AML check is completely contrary to the essence of Bitcoin mixers. And they would then have to freeze such funds, possibly report them because how will the authorities know that they didn't mix the disputed coins? Even if mixers started requiring KYC, that would be the height of absurdity. Why would anyone use them in that case?

[TryNinja]

AML check is completely contrary to the essence of Bitcoin mixers. And they would then have to freeze such funds, possibly report them because how will the authorities know that they didn't mix the disputed coins? Even if mixers started requiring KYC, that would be the height of absurdity. Why would anyone use them in that case?

A mixer with an OP here said they have the right to deny service to anyone, returning the funds if that's the case. That's probably for specific cases where highly tracked coins (like from the Lazarus hacks) are sent to the mixer. Like I said in my reply above, you accept those coins and then Binance and Bybit are suddenly blocking every one of your customers... very bad for business so I can see some mixers trying to avoid that.

Now, if they just go the route where they freeze all txs with a minimum chance of being "dirty" (in the eyes of the government agencies), then they might as well shutdown for good.

[MrSpasybo]

That can defeat the whole purpose of using mixers...

Mixers should be based in fugibility of coins, I.e., all coins should be treated equally.

Bybit hack is a very unpleasant situation for the whole community

Yeah, I get that, I'm just mentioning a solution, like a semi-Mixer providing such a service with a specific target to suit the needs of a distinct customer group. It could also be what governments want instead of super-efficient Mixers like the current ones ^^

We have to get used to attacks in this market, including major hacks and scams of users or DeFi protocols. Although the amount of crypto mixed through Mixers is insignificant compared to the total value of money laundered annually, this will still be a weakness that politicians will seize and accuse to attack this market. I hope Mixero will be fine and the #DevelopmentTeam  will always be safe to maintain the project.

[dkbit98]

The problem is that if Lazarus dumps his coins on a mixer/service and later you use that mixer, you'll end up with one of those coins. Then you deposit on Coinbase or Binance and they block your account.

Again, the original problem was Bybit exchange and their terrible security.
I honestly don't care about the origin of coins, and somehow they managed to convince everyone that some coins are not equal in Bitcoin.
If some service or exchange is known for freezing coins for any reason, I simply won't use that crap.
We are 2025 and there are many ways of using and spending Bitcoin without unsecure exchanges.

[TryNinja]

If some service or exchange is known for freezing coins for any reason, I simply won't use that crap.

Sometimes you don't have that option, or rather not pay huge fees using decentralized services.

Like it or not, centralized exchanges are still the cheapest and fastest way to cash out crypto in my country. Known P2P charges more and report to our own IRS, unkown ones there is a scam risk or a risk of them sending your dirty fiat money (from stolen accounts).

[dkbit98]

Sometimes you don't have that option, or rather not pay huge fees using decentralized services.

Not true, you always have a choice.
Fees on decentralized exchanges and p2p trading are not high at all, and it's actually much easier to use them.

Like it or not, centralized exchanges are still the cheapest and fastest way to cash out crypto in my country. Known P2P charges more and report to our own IRS, unkown ones there is a scam risk or a risk of them sending your dirty fiat money (from stolen accounts).

I don't know what county you are talking about, but I know examples of not paying any extra fees, and there is no taxes reporting.
Another easy way of cashing out is with crypto cards, that can be virtual without kyc, and physical with kyc.

[NotATether]

The problem is that if Lazarus dumps his coins on a mixer/service and later you use that mixer, you'll end up with one of those coins. Then you deposit on Coinbase or Binance and they block your account.

If Lazarus sends their coins to any mixer, consider it dead, because they themselves may not be attacking it, but you can bet that all governments, regulatory entities, businesses, and vignettes like ZachXBT will be coming after them.

This has happened too many times.

Fortunately, there are plenty of mixers on the darknet which they often use, so these will take the burnt of law enforcement first.

[examplens]

The problem is that if Lazarus dumps his coins on a mixer/service and later you use that mixer, you'll end up with one of those coins. Then you deposit on Coinbase or Binance and they block your account.

If Lazarus sends their coins to any mixer, consider it dead, because they themselves may not be attacking it, but you can bet that all governments, regulatory entities, businesses, and vignettes like ZachXBT will be coming after them.

It sounds like Lazarus determines which privacy service will continue to work and which will not.
I don't think that one or even a few transactions will set off all red alarms for that mixer, but continuous use of one mixer by that group probably will.
In the end, Lazarus has done his job before; the only difference now is that Bybit has decided to invest more resources in promoting the fight against this group. After a while, this hype will subside.

[TryNinja]

Not true, you always have a choice.
Fees on decentralized exchanges and p2p trading are not high at all, and it's actually much easier to use them.

Well, you're acting that like the entire world works the same way.

In Brazil, P2P charge a bit too much from what I've looked around when I needed one (or tell the IRS about your tx and wallets) and you can't get fiat (BRL) through decentralized exchanges.

The best option is to use a centralized exchange, like it or not. Maybe one day it will be easier, but for myself I'm stuck with Binance and co.

[Mate2237]

In Brazil, P2P charge a bit too much from what I've looked around when I needed one (or tell the IRS about your tx and wallets) and you can't get fiat (BRL) through decentralized exchanges.

The best option is to use a centralized exchange, like it or not. Maybe one day it will be easier, but for myself I'm stuck with Binance and co.

The charges are high because of the government policies. And the worrisome part is the converting of Bitcoin to USDT or to another cryptocurrency within the exchange yet they are charging us. And when we are selling they will still charge again. So the best way is the decentralized exchanges to sell and buy cryptocurrency is the only solution to this high charges.

But as for now because of the rate in decentralized exchanges which is very lower than the centralized exchanges making many people to use CEX. Binance is one of the best but it is not supported in many countries because their malicious behaviors of inflating the fiat exchange in their platforms and others.

[Gposas]

Binance is one of the best but it is not supported in many countries because their malicious behaviors of inflating the fiat exchange in their platforms and others.

This practically isn't a direct fault from this CEX Binance, but the hike of fiat in their platforms are done by users in same region and that is why you see most users are being restricted from P2P.
Mind you, this doesn't happen just in the Binance Exchange but other CEX too. This controversy causes the governmental regulations against these CEX while this problem is being caused by users in same country.

[Ambatman]

Not true, you always have a choice.
Fees on decentralized exchanges and p2p trading are not high at all, and it's actually much easier to use them.

Not many trust P2P without a custodian
And most cases CEX help to create a bigger market
Rather than searching by yourself.
Well most CEX are banned from using P2P in my country
So I usually used P2P I could trust
Yeah still risky but not everyone here has that luxury.
Not to mention the difference in amount many local P2P has.

[dkbit98]

Well, you're acting that like the entire world works the same way.

I don't know what is exact situation in your country, but P2P exchanges I used (localcoinswap, noones, etc) work the same in all countries, they are not targeting or blacklisting Brazil in any way.
I think you just prefer convenience of centralized exchanges, and you didnt do research all alternative options.