Good day to anyone reading this,
- I would like to get some advice regarding trading tokens through the use of long positions with leverage. The money used is 100% halal, I do no borrow it from anyone nor is it debt.
- I research all my positions thoroughly and have high confidence in them, I never go in blind nor do I gamble my money away.
- The leverage money comes from the fees that Binance collects via on-exchange trades and the such. (At least, that’s what I have been told.)
With that knowledge, I believe that long leverage trading is halal as it doesn’t haram anybody and everyone knows the risk that they are taking on, going into this.