In Islamic finance, the permissibility of futures trading is a topic of ongoing debate among scholars. Here's a summary of the main arguments: Arguments for being Haram (Prohibited) 1. Gharar (Uncertainty): Futures trading involves uncertainty about the future price, which is considered haram. 2. Maisir (Gambling): Some scholars argue that futures trading resembles gambling, as it involves speculation and betting on future prices. 3. Riba (Interest): Some futures contracts may involve interest p
Binance Square, also known as Binance Earn or Binance Savings, offers various ways to earn money on the Binance platform. Here are some ways to earn money through Binance Square: Earn Interest on Deposits 1. Flexible Savings: Deposit cryptocurrencies like Bitcoin, Ethereum, or Binance Coin (BNB) and earn interest. 2. Fixed Savings: Lock your deposits for a fixed term (e.g., 30, 60, or 90 days) to earn higher interest rates. Staking 1. Proof of Stake (PoS) Coins: Stake coins like BNB, EOS, or XTZ
Telegram is a popular, cloud-based instant messaging and voice over IP (VoIP) service. Founded in 2013 by Pavel Durov and his brother Nikolai, Telegram allows users to send messages, make voice and video calls, and share files.
Here are some key features:
1. *End-to-End Encryption*: Telegram offers secret chats with end-to-end encryption, ensuring only the sender and receiver can read the messages. 2. *Cloud-Based*: Telegram stores your messages, photos, and files in the cloud, allowing you to
Bitcoin (BTC) is a decentralized digital currency that allows for peer-to-peer transactions without the need for intermediaries like banks. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Here's a simplified explanation:
*Key Characteristics:*
1. *Decentralized*: Bitcoin operates on a decentralized network, meaning no single entity controls it. 2. *Digital*: Bitcoin exists only in digital form, with no physical coins or bills. 3. *Limited Suppl
what is binance ? ⬇️ Binance is a global cryptocurrency exchange platform that enables users to buy, sell, trade, and store various cryptocurrencies. Founded in 2017 by Changpeng Zhao (CZ), Binance has grown to become one of the largest and most popular cryptocurrency exchanges in the world.
Binance offers a wide range of services, including:
1. *Spot Trading*: Buy and sell cryptocurrencies at current market prices. 2. *Margin Trading*: Trade with borrowed funds to amplify potential gains. 3. *Futures Trading*: Trade contracts that expire at a future date. 4. *Options Trading*: Trade contracts that give the holder the right to buy or sell an asset. 5. *Staking*: Earn interest on held cryptocurrencies. 6. *Lending*: Lend cryptocurrencies to earn interest. 7. *Savings*: Earn interest on deposited funds. 8. *NFT Marketplace*: Buy, sell, and trade non-fungible tokens (NFTs). 9. *Binance Launchpad*: Participate in initial exchange offerings (IEOs). 10. *Binance Smart Chain (BSC)*: Develop, deploy, and use decentralized applications (dApps).
Binance supports over 500 cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB).
The platform offers various benefits, such as:
- Competitive trading fees - High liquidity - Advanced security measures - User-friendly interface - Mobile app availability
However, as with any cryptocurrency exchange, it's essential to understand the risks involved and take necessary precautions to secure your assets.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. Founded in 2017 by Changpeng Zhao (often known as "CZ"), Binance offers a platform for trading a wide range of cryptocurrencies such as Bitcoin, Ethereum, and many altcoins. The exchange provides various services, including spot trading, futures trading, staking, and lending. Binance is also known for its Binance Coin (BNB), which is used to pay for transaction fees on the platform and for other utilities within the Binance ecosystem.
Over time, Binance has expanded its operations globally, though it has faced regulatory scrutiny in several countries due to concerns around compliance with local financial regulations. Despite this, it continues to be a key player in the cryptocurrency industry.
If you have any specific questions about Binance or its services, feel free to ask!