Crypto Tumbler is a service that lets users send or receive coins without having them connected to their original wallet addresses. It works by mixing your transactions with those of other users, obscuring the direct link between the sender and the recipient.
When you make a transaction using your Bitcoin wallet, the blockchain records it publicly. So, anyone who uses a public Blockchain explorer can discover your transaction history and trace it back to you. This is a significant drawback of the cryptocurrency and could compromise your privacy. That’s why tumbler services are essential tools for those looking to keep their transactions private.
The concept behind a Crypto Tumbler is quite simple. You deposit your cryptocurrency in a pool that is made up of many smaller parts of funds from other users that have also used the service. Hence, it becomes difficult to trace where the coins came from. When you use a tumbler, you will receive the same number of coins that you sent in minus fees.
This makes it harder for third parties to link your wallet address to your real-life identity documents (like a driver’s license or bank account). It also helps protect you from scammers and hackers.
Although crypto tumblers are purely technology and not illegal by themselves, they do encourage bad actors by making it easier to hide their identities online. As such, they are frequently accused of enabling illegal activities like money laundering, given that they make Dark Web applications much more convenient while at the same time make law enforcement’s job harder. Crypto Tumbler