Binance investment

Salam, I am on a telegram group which allows you to invest money into cryptocurrency. The process is to send the crypto to the investors portfolio. Is it permissible if they are trading on Binance futures?

Honestly, it sounds potentially like a scam. Do you know the person?

As for if they’re using futures, you would have to ask them.

Yes, it could potentially be a scam
There using spot trading and futures. If I made investment and they were trading for me. Would the money I make be halal?

I would think yes. But I am not a Mufti. Allah SWT knows best.

But I also would avoid them as it sounds like they’re scammers

@Mufti_Faraz_Adam can I have your opinion on this?

Salam, can I get an opinion from a mufti please?