Is Binance future trading Haram?

Futures trading is just like a zero sum game, +1-1= 0, and such games are forbidden in Islam . On futures trading you pay an interest fee, dealing with interest is haraam. Future trading means when you use a leverage of 10, you borrow money, and then you pay back the money with interest, which is haraam.

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Are 3Commas bots profitable?

How much profit can 3Commas automated crypto bots make? An average profit of around 15% per month is about 160% per year . Yes, it’s not 1000%, but it’s a VERY GOOD stable profit. If you are not a professional trader – crypto-bots are a great opportunity to create passive income.

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How do Gridbots work?

GRID bots work by setting up buy and sell orders in a predefined price range, creating a grid-like formation . Choose a price range for the strategy you wish to employ and then decide how many grids you want to have within that range.

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