KDramaCharm
Fri Jun 07 2024
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7 answers
1399
Is cryptocurrency halal?｜. This is due to its speculative nature, likened to gambling, and the involvement of uncertainty and risk, which contradicts Islamic principles emphasizing risk-sharing and avoiding speculation. Trading futures in cryptocurrency is generally considered haram in Islamic finance
Could you elaborate on the Islamic perspective regarding the halal status of cryptocurrency? Given its inherent speculative nature, which is akin to gambling, and the involvement of uncertainty and risk, how does it conflict with Islamic principles that emphasize risk-sharing and avoidance of speculation? Additionally, could you clarify why trading futures in cryptocurrency is generally deemed haram in Islamic finance?
KimonoGlitter
Fri Jun 07 2024
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5 answers
853
What cryptos are approved by Hong Kong?
I don't understand this question. Could you please assist me in answering it?
EthereumEagleGuard
Fri Jun 07 2024
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5 answers
1373
Is Binance halal?｜"Crypto in general is halah to buy, sell or keep as an asset, but for binance (or any other exchange) , so margin trading, futures, staking, defi staking, earn services, loans, dual investments, borrowing ALL are Haram, and binance in particular even for normal staking gives you the rewards + ...only spot trading is halal
Could you please clarify the Islamic perspective on Binance? Is it permissible to use Binance for spot trading only, while margin trading, futures, staking, Defi staking, earn services, loans, dual investments, and borrowing are considered Haram? Additionally, does Binance's staking reward system comply with Islamic financial principles? I'm interested in understanding the boundaries of what is considered halal in the context of cryptocurrency exchanges like Binance.
SolitudeSeeker
Fri Jun 07 2024
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5 answers
1107
How to buy USDT in Saudi Arabia?｜Purchasing USDT (Tether) in Saudi Arabia is simple and secure. Bybit adheres to global regulatory standards and offers a user-friendly trading platform. It provides access to over 1,100 cryptocurrencies, including major stablecoins like USDT and USDC.with a trusted cryptocurrency exchange like Bybit
How exactly can I purchase USDT in Saudi Arabia? Could you please elaborate on the simplicity and security aspects of the process? Also, how does Bybit adhere to global regulatory standards? Is it really user-friendly, and how does it provide access to such a wide range of cryptocurrencies? Moreover, what are the benefits of choosing a trusted cryptocurrency exchange like Bybit for purchasing USDT?
Ilaria
Fri Jun 07 2024
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5 answers
923
Can bitcoins be exchanged for real money?
Could you please elaborate on whether bitcoins can indeed be converted into actual currency? I'm curious to understand if this digital asset holds any real-world value. Are there established platforms or methods that facilitate this exchange process? Also, are there any associated risks or limitations that one should be aware of when converting bitcoins to real money? It would be helpful to get a comprehensive answer to this question, as I'm exploring the potential of investing in cryptocurrencies.
