Is trading Bitcoins/Altcoins Halal or Haram? (sunni view)
I would like to know if trading with Bitcoin and altcoin to make profit is halal? I've searched for the subject but I only found different opinions for currency trading.
I think that crypto-currency is little bit different, it's not stored in banks, I can keep it in my machine, and trading purposes I had to store my coins in a website then for every exchange there's some fees, these fees differ from one trading platform to another. The fees may be composed of:
- Fees for exchange which are imposed by the currency.
- Fees for the website to keep the trading platform running.
This post about bitcoin in islam is quite interesting if you want to read more about the subject1
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