Yes, providing that you still send them from the same wallet to another new wallet, it will show that the coins are still yours or that they still circulate around a few wallets that can easily be linked to you.

So the best thing for you to do is to use any mixing service; I am currently advertising one on my signature space. You can mix your Bitcoin there and split it into your preferred different wallet without it being traced back to your old address, and no one will know you own them again.

by using a mixer, two things happen
a. binance sees your withdrawal went to a mixer. so they flag your account (regulation requirement)
they share that information with other regulated services.

b. after mixing. if you then use another financial service thats regulated. they see your deposits came from a mixer. they flag your account and share your information with other services

they then see your name made a withdrawal and deposit. and link the values from the ends even though you cut the middle

yep using mixers does not hide you from financial services. using mixers FLAGS  and HIGHLIGHTS you for more scrutiny and tracking compared to other users that dont use mixers. and more information about you is shared due to mixer usage

here is the cheat
mixers are actually wrote into regulations as a red flag
soo... use something else thats not a mixer or promoted as anonymity enhancing. but whereby the funds you hand in are not the funds you get handed out. thus you break the taint without the flags

the silly thing about mixers is that they are promoted as such. they offer nothing else but the thing regulators get financial businesses to watch for

however if there are other services that offer a different features/functionality/service thus not defined as mixers. regulated services wont flag that. yet if that service as a un-promoted side effect gives people different taint with their withdrawal compared to their deposit. then they can escape the flags

think about it.. but just dont use the things regulators have actually got wrote into regulatory policy for businesses to watch for.. mixers are not your friend. they end up being what gets you watched more closely

https://kycnot.me/

Use that website to get exchanges without KYC to use.

You can use them as alternatives for mixers. You can use private coins like Monero to exchange your Bitcoin to Monero, withdraw Monero. Sell Monero somewhere and convert it back to Bitcoin if you only want to store your money in Bitcoin.

The final wallet you use to store it should be a very new wallet.

Challenge to achieve anonymity if you don't want to use mixers is higher fee from on-chain transactions for deposits, trading fees for a few times, withdrawals.

You can use Binance or centralized exchanges when you are newbies or for your very first trades. You still can get privacy and anonymity later if you know how to do your trades and transactions with better methods and platforms.

Not all no-KYC exchanges are good for privacy. If they are centralized exchanges, they can collect user data and can give those data to governments when time comes.

If you use a mixer to mix your bitcoins, it does not lead to privacy and anonymity. It depends on how you pick anonymity set, how you use your coins after Coinjoin or Mixing. It depends on how that mixer service is valid and good, how they keep their promise for user privacy and anonymity, do they keep user log-ins long enough to cause data leak.

I believe many of us or all of us touch Binance.

OP possibly did not think about privacy at debut in cryptocurrency and it is not bad at all and we can help OP to gain privacy.

You don't understand difference between transactions and trades. You can make transactions when you don't trade with anyone else.

Decentralized exchanges are for anonymous tradings when you need to trade.
Non custodial wallets are needed when you need to self responsible for your coins and its transactions.

They are interacted with each other. You can store your coins in non custodial wallets but if you move it to a centralized exchange for trading, your privacy will be broken.

I had to use Binance to exchange my USDC into BTC, unfortunately there is no swap for BTC, only for AltCoins.
And with BISQ the limit is not sufficient, it was too low, even for several attempts the limit was too low in my case.

When Binance sends the BTC to my Electrum wallet and I send it to my Trezor and from there to my BitBox, how does the government want to know that it's still my coins?
The wallet could belong to anyone.

I generally don't use mixers, it's too risky for me and I could get dirty coins.

Its not that hard to find either you moved the coins from one address of yours to another that belongs to you as well even some explorers will give the tag such as probably self transfer so splitting them into many can reduce the traceability but if you want to erase the trace the best option is using mixer but if you really care about privacy then don't use centralized exchanges at all anymore or swap to privacy oriented coins.

Sure, the wallet could belong to anyone. But did anyone else send funds to that wallet address, or was it just you? Blockchain transactions leave a trace, and anyone with basic know-how can connect your wallet to your Binance account. And if they have the power to ask Binance for your personal information, then your identity could be compromised.


There have been suggestions from other users about alternative choices.

hmmm that's stupid...

So I'm only left with these options:
Mixer
CoinJoin ( Wasabi )
Whirlpool (Samourai)
Lightning

Which of these options would be most appropriate for really big sums ?

That is what I was also going to say that on one side you are interested in using Binance giving them all your details and ending up privacy also with KYC regulations so why asking how to make it anonymous when you are not taking any step for it? The best is to use mixers only if you want no trace but involvement of centralised exchange already ended up.So this is what users should look for when they are serious about their privacy.