'tumbling' coins by going into exchange - trade from/to btc and withdrawing better than helix?

To 'break' the tracability of coins isn't it better to put coins into for instance btc-e, buying usd on btc-e, then buying btc again and withdrawing from the exchange? unless LE has access to the exchange database there is no way to connect the coins to you while traditional tumblers only obfuscate by sending the coins to a lot of addresses but they are still tracable...


Comments


[2 Points] None:

what if le subpoenas them for your identity?


[1 Points] None:

[deleted]


[1 Points] attilathehunn:

You could just deposit to btc-e and then withdraw without doing any trades.

Or do the same deposit/withdraw dance with a bitcoin casino, poker site, changetip or localbitcoin


[1 Points] random_addict:

you might try doing it like this:

  1. buy btc on exchange A, transfer them to local bitcoin wallet

  2. register account A1 on exchange B, buy another crypto using BTC from step 1.

  3. withdraw those other crypto from exchange B to local crypto wallet, wait few hours.

  4. register account A2 on exchange B, buy bitcoins with crypto you've withdrawn to local wallet in step 3.

  5. withdraw those coins to some other local wallet after few hours.

that should do it, but it's pretty much an overkill if you're not a vendor or 'street reseller' _^


[1 Points] lordredvampire:

Use JoinMarket (independent tumbler, non-third party):

Tails OS/Linux: https://github.com/JoinMarket-Org/JMBinary/

Windows: https://github.com/JoinMarket-Org/JMBinary/releases


[1 Points] uvbnbvh:

What is wrong with this?

Source => Wallet A => Tumbler 1 => Wallet B => Tumbler 2 => Wallet C?


[1 Points] Ethereality_DNM:

Yes, this is a free tumbling method. Another is any of the many clearnet sites that allow you to hold BTC in their escrow but only require one or two confirmations before you can withdrawal.