Is trading cryptocurrencies gambling?

Definition #2 is very broad. By that definition bitcoin trading is definitely gambling, but no more so than trading stocks or any other type of speculation. Even investing in US treasuries entails some sort of risk could be considered gambling by that definition. read more

Gambling vs Investing vs Trading When you gamble, the result is based purely on chance. It doesn’t matter how skillfully you pull the lever on a slot machine, the result is still random, and quite out of your hands. read more

Trading, in general, is a form of gambling since you are betting on whether the price will rise or fall. So yes, btc trading is a form of gambling albeit more calculated and predictable than gambling per se. read more

Gambling Sites that Accept Cryptocurrencies. If you who like to gamble online, then another benefit of using cryptocurrency is that there are a huge number of gambling related sites online that accept digital currencies as payment. Winners are paid in digital currencies as well. read more