Lately there has been complaints on forums about Coinbase reversing bitcoin transactions after using gambling sites.
Coinbase clearly states within their user agreement that sites such as this aren’t acceptable. There are also individuals using the Dark Internet to go to marketplaces, which isn’t only frowned upon by a few Bitcoin providers, but additionally puts these users vulnerable to incarceration and criminal penalty.
Why Use a Bitcoin Tumbler?
Precaution should be taken when utilizing Online gambling sites that accept Bitcoin. Dark Internet Markets (DNM) and visiting gambling sites by remaining anonymous on the transparent and public blockchain.
There are lots of ways of anonymity it’s possible to take by obfuscating their Ip, utilizing a Virtual private network, and surfing the internet by having an anonymizing browser.
However, today we’ll discuss another way of privacy known as bitcoin tumbling, bitcoin mixing, coinjoin, or bitcoin shuffling.
Bitcoin tumbling platforms like Helix Light Bitcoin Mixer or BitBlender Bitcoin Blender essentially shuffle a lot of transactions together just like a pack of cards, where eventually everybody will get their respective bitcoin amount returned while obfuscating the origin of the funds.
You will find loads of web sites which will mix your bitcoins around the clearnet or higher the hidden web using Tor, for instance.