Is Bitcoin haram in Islam?

BTCC's spot trading service allows users to buy and sell cryptocurrencies at current market prices. This is a straightforward way to enter the market without having to worry about complex trading strategies.

Cryptocurrency trading is often criticized for its resemblance to gambling, primarily due to its speculative nature. This type of trading involves significant uncertainty and risk, which are often considered incompatible with Islamic principles.

Islamic finance emphasizes risk-sharing and avoids speculative practices. As a result, many Muslims believe that participating in cryptocurrency trading is contrary to their religious beliefs.

The futures trading service offered by BTCC allows users to speculate on the future prices of cryptocurrencies. However, it is important to note that futures trading involves significant risk and should be approached with caution.

BTCC's wallet service provides a secure way for users to store their cryptocurrencies. This is crucial as cryptocurrencies are digital assets that can be easily lost or stolen if not properly managed.