Is crypto like gambling
Is crypto like gambling
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In fact, a lot of people use cryptocurrency exchanges just like we use casinos and other online gambling sites. They buy cryptocurrencies and trade them on. It's similar to what people who invest in stocks or crypto feel when. Investors need to understand that in these early days, a gamble on cryptocurrencies or any other application of blockchain technology is just. The indian government said it doesn't treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the. Cryptocurrencies are digital money that is not issued by a bank. You can trade and invest these currencies like any other - and there are. It's exactly what it sounds like – it's traditional gambling, but instead of funding your wallet with fiat currency, you're using cryptocurrency. But cryptocurrency trading can be considered gambling. Just like with any other investment, there is a certain amount of risk involved. 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