- Garantex has fallen into disfavor
- How to get around the restrictions?
- The most reliable method is a bitcoin mixer
- Our basic principles
Binance is blocking P2P arbitrage accounts and merchant accounts. One of the main reasons is the customers’ interaction with Garantex. Below you can find out what happened to the exchange.
Garantex has fallen into disfavor
The exchange is being suspected of money laundering. Amid the escalating battle between regulators and the crypto market, Binance, which itself has fallen under scrutiny in the US, is wary of such connections.
Information about money laundering on Garantex has been disclosed by Chainalysis, an American company that deals with blockchain analysis.
Garantex is trying to protect its customers and changes wallets every few weeks. However, this does not help, as they quickly end up on the blacklist. This means that any user with a Garantex account is highly likely to be blacklisted by
Binance, which leads to transactions being cancelled and accounts being blocked, and it is unclear whether they will be blocked for a day, or forever.
This also applies to merchants, who lose their clients constantly. Although Binance refunds the money, crypto owners suffer losses from the time they are unable to use their assets. Many have started using cold wallets for intermediate transactions, but they too have been added to the blacklist.
How to get around the restrictions?
There is an option of making intermediate transactions through another exchange, however, there are two drawbacks to this method. Firstly, other exchanges can follow Binance’s example at any moment, and secondly, it is easy to trace.
Another option is to use a Trust Wallet. To top up your account on Binance, you need to buy USDC on Garantex, deposit it to Trust Wallet, then exchange USDC to USDT through 1inch and then transfer it to Binance. However, this method also does not provide a 100% guarantee.
The most reliable method is a bitcoin mixer
To access Binance with coins bought on Garantex, it is important to obscure the trail of transactions and to remove the “sanction” tag from your assets. This is where our ‘Complete Anonymity’ mode comes into play.
In this mode, all user assets are mixed and transferred to investors. Customers receive their coins back directly from exchanges with a good track record recognized by Binance. To prevent coins from being tracked by cluster analysis, the system chooses transit wallets and returns the coins without any change.
The users of Mixer.Money receive coins not from other customers but only from investors. Investor assets are checked thoroughly before entering the mixer.
Customers can also make use of a TOR mirror without scripts. This guarantees the anonymity of all transactions. A faster alternative is a Telegram chatbot.
Our basic principles
- There are no logins, codes, or other data.
- All guarantees are provided via PGP-signed letters — you can contact our support in case of any disputes or complaints and refer to this letter.
- The address for depositing coins remains active for 7 days, which means that you can send crypto from exchanges which delayed withdrawal.
- You can use a free test and try our mixer by sending 0.001 BTC for any request. Coins will be returned to the same address, with no fees charged.
