Over the years, bitcoin has gained popularity and become an acceptable cryptocurrency in nearly all countries. The cryptocurrency was first introduced in 2008 and ever since has become a center of attention to how transactions are done worldwide. Bitcoin allows anonymous transactions without revealing your identity, which gives you a safe passage to do your own business. There are no traces of the identity once you transact or transfer, making it a better option for many especially those who prefer their affairs staying out of the limelight. However, since one has to sign up for a bitcoin wallet, anonymity can become a major concern.
Bitcoin wallets require verification through identification cards, bank details, and other sensitive information, which can be traced back to you and reveal your identity. This, however, should not worry you because, with the aid of a bitcoin tumbler, you stay safe.
What is a bitcoin tumbler? A bitcoin tumbler is a service or website that mixes cryptocurrency tokens making it challenging to find its origin. In other words, bitcoin tumblers are a safe passage for you to mix different bitcoin tokens, and no one can know where the origin of each came from. Bitcoin tumblers operate by sending a transaction to a different address, breaking the blockchain that’s easily downloadable and traceable to its origin. You will therefore have no issue transacting different forms of bitcoins to anyone with the hassle of traceability.
Is it legal to use bitcoin tumblers?
Now you might be wondering if you are doing the wrong thing using the service, right? Pose for a minute and breath. Yes!! Bitcoin tumblers are legal, and no existing law or regulation bans its use. Therefore, tumbling bitcoins has grown immensely popular, especially for those seeking total privacy in their affairs since its secure for them.
For more information, see bitcoin laundry.