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Future Crypto Trading
Is future crypto trading halal or haram is islam?
The basic concept is that lets say we have 10 dollars and we predict a coin price through analysis that it will go down or up in a specific time span and we invest 10 dollars on that . Furthermore, the exchange give us 100 dollars extra to make better profit in case we correctly predict the coin behaviour. In case of wrong judgement our 10 dollars become null and exchange wont ask their 100 dollars . So keeping in mind we are not doing business upon borrowed money as they wont ask their money in return. So is it halal or haram?
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