Cryptocurrency Q&A Can Muslims own crypto?

Can Muslims own crypto?

Elena Elena Fri May 17 2024 | 7 answers 1739
Please refer to relevant websites for more information, and feel free to ask me any other questions. Can Muslims own crypto?

7 answers

CryptoBaron CryptoBaron Sun May 19 2024
Additionally, BTCC offers a wallet service that allows users to store and manage their digital assets securely. This service provides a convenient way to keep crypto holdings safe and accessible.

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Chloe_carter_model Chloe_carter_model Sun May 19 2024
However, the scholars emphasize that the mere trading or investing in cryptocurrencies is not inherently against Shariah principles. It is the underlying activity that determines its legality.

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EtherWhale EtherWhale Sun May 19 2024
As long as crypto transactions are conducted within the bounds of legality, they are considered permissible. This allows Muslims to participate in the crypto market without violating religious guidelines.

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Michele Michele Sun May 19 2024
The usage of cryptocurrencies has sparked debate among Muslim scholars. The focus of this discussion centers on the potential misuse of digital currencies for illicit activities.

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Riccardo Riccardo Sun May 19 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a range of services that cater to this growing market. Its platform provides a secure and reliable environment for crypto trading and investing.

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