#PowellWatch Done 👍
Here are the most important practical tips for halal and safe trading in cryptocurrencies:
✅ How to trade halal
Trade only with your personal funds
Do not use loans or leverage (Margin) as they often fall into usury and gambling.
Buy permissible currencies
Focus on well-known currencies such as: Bitcoin, Ethereum, clear tech project currencies, and avoid dubious currencies or those linked to forbidden projects.
Stay away from fictitious contracts
Such as futures or options as they are bets on price and not actual sales.
Commit to transparency
Do not enter into unclear projects or promises of unrealistic profits (often scams).
Intention and use
If your goal is investment or hedging, it is permissible, but if it is just gambling on price (like betting), it is closer to forbidden.
⚠️ Important security tips
Use trusted platforms: such as Binance or Coinbase or licensed platforms in your country.
Store your currencies in a personal wallet and do not leave all of them on the platform.
Do not invest more than you can afford to lose.
Be aware of scams: any project that promises you fixed and quick profits is often fraudulent.
