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

[dkbit98]

I don't think p2p can be used in every situation.

I don't think centralized kyc exchanges can be used in every situation.

One thing is to deal 1000 usd in p2p
What if you want to trade 1 or 2 btc ? The p2p can even exit scam you.

Sure you can do it, I know people who traded much larger amounts using p2p trading, and I can literally find even larger amounts in few minutes.
Chance for exit scamming and hacking is much higher when using centralized exchanges.
You also don't have to worry about stupid kyc and freezing of coins/accounts, unlike in centralized exchanges.

Also, p2p fees will always be higher than binance. Binance charges about 0.1% fees, a p2p won't ever charge such a small fee. He needs to make money and live, and 0.1% is not enough for his volume.

This is not true, and I don't have to pay any withdrawal fees.

[bitmover]

Also, p2p fees will always be higher than binance. Binance charges about 0.1% fees, a p2p won't ever charge such a small fee. He needs to make money and live, and 0.1% is not enough for his volume.

This is not true, and I don't have to pay any withdrawal fees.

Why would someone make p2p for free? Less than 0.1% is free.
This makes absolutely no sense.

Unless he isn't a professional and want to buy/sell his stash.

You are probably selling bitcoin for a price like 3% less or paying 3% more and the p2p is saying zero fees. He just changed the fee name for a spread in the price.

[Forsyth Jones]

Why would someone make p2p for free? Less than 0.1% is free.
This makes absolutely no sense.

Unless he isn't a professional and want to buy/sell his stash.

You are probably selling bitcoin for a price like 3% less or paying 3% more and the p2p is saying zero fees. He just changed the fee name for a spread in the price.

I know of a P2P who offered the possibility of making withdrawals through batch transactions, where several clients request withdrawals to their wallets and he merges them all into a TXID. From time to time buy from him, as he has a large volume, he negotiates several times a day, saving a lot on fees, but sometimes the exchange rate he uses isn't worth it, as we know that they add a percentage of them to the final price.

However, similar to mixers, P2P services are for people who want more privacy and don't mind paying a little more for BTC than buying with CEX exchanges that report everything to the government.

[rby]

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Mixers might have learn from the past mistakes of their predecessors that's why they really protect themselves from slight allegations that they might be used by the Bybit hackers

Do mixers actually have the technology to detect if a coin is coming from a particular dimension? If Bybit hack is to enter a particular mixer, will they detect and reject it? If no, what then is the basis of their blames from government that they mixer hacked coins or facilitate money laundering.I can say that mixers are innocent sometimes but they might not be able to prove it.

Or it's that the hackers might go on other route as they know that Mixers will not be safe for them.

Are there so many alternative routes for hackers? Can you mention afew?

[bitmover]

However, similar to mixers, P2P services are for people who want more privacy and don't mind paying a little more for BTC than buying with CEX exchanges that report everything to the government.

Yeah, in just now sure how much privacy gains there are really when giving your personal data to strangers instead of an institution such as cex.

There were reports in Brazil os criminals laundering money using p2p in binance, and innocent investors have to be explaining their relationships with those criminals to the police.

[examplens]

However, similar to mixers, P2P services are for people who want more privacy and don't mind paying a little more for BTC than buying with CEX exchanges that report everything to the government.

Yeah, in just now sure how much privacy gains there are really when giving your personal data to strangers instead of an institution such as cex.

There were reports in Brazil os criminals laundering money using p2p in binance, and innocent investors have to be explaining their relationships with those criminals to the police.

In the end, can p2p be considered a trade with a high degree of privacy?
You can probably avoid paying taxes that way, but all other risks are huge. I did it 10+ years ago when there were not many solutions and every time it was a vivid experience.

[bitmover]

You can probably avoid paying taxes that way, but all other risks are huge. I did it 10+ years ago when there were not many solutions and every time it was a vivid experience.

In Brazil the p2p operator may decide the declare the operation to the tax authority, so you are never really sure you can avoid taxes by using p2p.

Avoiding taxes using p2p would definitely involve trust in the p2p operator.

[dkbit98]

Why would someone make p2p for free? Less than 0.1% is free.
This makes absolutely no sense.

Simple. There is no middleman, there are no fees, and you trade directly with other guy who want's to sell or buy bitcoin.
You don't need to be a scientist to understand this.

You are probably selling bitcoin for a price like 3% less or paying 3% more and the p2p is saying zero fees. He just changed the fee name for a spread in the price.

Again, this is NOT TRUE, market values are used.
Sorry, but you clearly know very little about p2p trading 

In the end, can p2p be considered a trade with a high degree of privacy?
You can probably avoid paying taxes that way, but all other risks are huge. I did it 10+ years ago when there were not many solutions and every time it was a vivid experience.

How do you think so many people aer using things like PeachBitcoin every day?
And people are trading everyday with EdoFazlinovic for example.

[Mate2237]

In Brazil the p2p operator may decide the declare the operation to the tax authority, so you are never really sure you can avoid taxes by using p2p.

Avoiding taxes using p2p would definitely involve trust in the p2p operator.

I don't think anyone can avoid tax when using p2p in the cryptocurrency world because every exchange mostly the centralized exchanges are heavily control and taxed by the government and in return the Exchanges transfer the taxes they paid to the government to the customers so the customers paid the taxes for them and not them again.

So every users of centralized exchanges pay tax. In Nigeria, from 2022 to early 2023, we were not paying tax in exchange it was when Binance and some exchange started to manipulate the dollar against the local currency by inflating the price in the exchange rate and the government discovered it and started bringing their policies against the Exchanges and taxed them and they transferred the taxes to the uses of exchange.

[Forsyth Jones]

Yeah, in just now sure how much privacy gains there are really when giving your personal data to strangers instead of an institution such as cex.

It doesn't have to be with strangers. When doing business with a P2P, it has to be with a trustworthy and reputable one on platforms like Bisq, Hodl Hodl, etc.

I don't do business with P2P sellers who ask for KYC, because that's one of the main reasons why most people prefer P2Ps over exchanges. If I have to do KYC, I'll use an exchange, which will be the same.

However, we have a problem here: a P2P doesn't want to do business with someone who could be a criminal, who could be laundering money from real crimes (and not the victimless crimes that the government status quo says are crimes). How can we resolve this situation on the side of the P2P and the client who also wants privacy?

It's asking for trouble to do business with just anyone, unless they're a friend you trust.

There were reports in Brazil os criminals laundering money using p2p in binance, and innocent investors have to be explaining their relationships with those criminals to the police.

I'll read about it later. I've never used P2P on Binance.

[bitmover]

Why would someone make p2p for free? Less than 0.1% is free.
This makes absolutely no sense.

Simple. There is no middleman, there are no fees, and you trade directly with other guy who want's to sell or buy bitcoin.
You don't need to be a scientist to understand this.

This is not how it works.

In very rarely situation you will find someone who  wants to trade the exactly amount and coin as you do. Unless you are very patient and wants to trade very low amounts.

Let's suppose you want to sell 0.5 btc. You won't find someone who just wants to buy 0.5 btc.
You may be lucky and find dozens of people who wants to buy 0.001 and stuff like that.

If you find someone willing to buy 0.5 btc from you, this is a profissional p2p trader who will want to get his profit.

You don't need yo be a scientist to understand that you will end up paying more fees to the professional and you will ignore those 50 people who would buy without fees (because you just would spend more in miners fees and more risks )

You are probably selling bitcoin for a price like 3% less or paying 3% more and the p2p is saying zero fees. He just changed the fee name for a spread in the price.

Again, this is NOT TRUE, market values are used.
Sorry, but you clearly know very little about p2p trading 

Sorry but i think this is your situation. I have done a lot of p2p.
I really doubt there are no professional p2p in your country.

I don't do business with P2P sellers who ask for KYC, because that's one of the main reasons why most people prefer P2Ps over exchanges. If I have to do KYC, I'll use an exchange, which will be the same.

Whenever you send or received fiat currency in Brazil, your personal data is shared with the other party. He has your cpf and that is all he needs to declare to tax authorities.

In other words: you always do kyc when making p2p if fiat  currency is involved.

[Findingnemo]

Whenever you send or received fiat currency in Brazil, your personal data is shared with the other party. He has your cpf and that is all he needs to declare to tax authorities.

In other words: you always do kyc when making p2p if fiat  currency is involved.

I used to be a p2p trader too in the LBC era, and I can relate with the KYC part. When dealing with fiat there's a lot more risk involved like charge backs or funds coming from illicit sources or even hacked bank accounts so I don't trade with just random users, only with the verified users and as you said the price will be premium for such kind of p2p deals.

[Forsyth Jones]

Has anyone had problems with exchanges freezing their balance or imposing restrictions, like requesting additional KYC after using a mixer and then sending the mixed funds to an exchange? That's my biggest fear.

The same applies when withdrawing BTC from an exchange to my self-custody wallet, then sending it to a mixer like Mixero and finally sending it back to my own wallet. But how can I take the necessary precautions to avoid problems when moving post-mixed funds, preventing any explanations or restrictions?

[hugeblack]

Has anyone had problems with exchanges freezing their balance or imposing restrictions, like requesting additional KYC after using a mixer and then sending the mixed funds to an exchange? That's my biggest fear.

The same applies when withdrawing BTC from an exchange to my self-custody wallet, then sending it to a mixer like Mixero and finally sending it back to my own wallet. But how can I take the necessary precautions to avoid problems when moving post-mixed funds, preventing any explanations or restrictions?

Each service has its own method for calculating risk, or what's known as an AML score, and some even use it as a pretext for fraud and theft. Therefore, there's no fixed rule. However, as long as your currency has a low AML score (less than 20%), you'll be safe. The easiest option is to avoid centralized services that may have such policies.

[Forsyth Jones]

Each service has its own method for calculating risk, or what's known as an AML score, and some even use it as a pretext for fraud and theft. Therefore, there's no fixed rule. However, as long as your currency has a low AML score (less than 20%), you'll be safe. The easiest option is to avoid centralized services that may have such policies.

Thanks, I've seen reports of people running into issues. Maybe it's better to send mixed funds directly to exchanges and split transactions into steps, moving funds between addresses in my own wallet first to reduce linkage risks