desilvering fixer?

I just recently started desilvering my fixer using a 2 1/2 gal plastic bucket and and plain steel wool pads. I pour my spent fixer in the bucket then throw a steel wool pad in the bucket and put a lid on it. After about a half-gallon or so, I decant the liquid on the top and leave the sludge on the bottom to dry out. After it drys I put it in the trash. Is this an adequate method for desilvering fixer?

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