What is a Bitcoin Tumbler?
A Bitcoin tumbler is a service that mixes your coins with others, making it very hard for anyone to track which of the mixed coins belong to you. Tumblers are used for a variety of purposes including money laundering, drug trafficking and other illegal activities. Tumbler services are also a good option for people who want to increase the privacy of their Bitcoin transactions, especially as new regulations tighten up on the transparency of Bitcoin transactions on the blockchain.
The way a Bitcoin tumbler works is very simple; you send your Bitcoin to the tumbler’s address and then the bitcoins get “tumbled” or mixed with other users’ coins in a pool. Once the tumbling process is completed, your coins will then be sent back to your wallet but it’ll be very hard to identify which of the returned Bitcoins belongs to you.
Cryptocurrency tumblers are becoming increasingly popular as more and more people want to enhance the privacy of their cryptocurrency transactions. While this is perfectly fine if you are genuinely trying to protect your privacy and avoid any illegal activities, it’s important to keep in mind that you could still be caught for using a tumbler if you are committing any illegal activity through the Bitcoin Tumbler.
In addition to mixing your coins, some Bitcoin Tumblers will also randomize the amount that they return to you which makes it even harder to trace the original coin to the owner. There are many tumbler services out there, including some that are free and some that charge a fee to use. One of the most popular services is Yo!Mix, which offers a number of features such as a customizable mix size and the ability to save your mixes for later. Bitcoin Tumbler