Cryptocurrency Q&A
Is futures trading like gambling?
Is futures trading like gambling?
HanRiverVision
Fri Mar 14 2025
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answers
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I've been hearing a lot about futures trading recently and I'm curious about it. However, I'm not sure if it's just like gambling, where you're just betting on the market's ups and downs without any real strategy or skill involved.
7 answers
CryptoSavant
Sun Mar 16 2025
Currently, these trades have not been legally categorized as gambling.
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Alessandra
Sun Mar 16 2025
The regulation of trades falls under the purview of the federal Commodity Futures Trading Commission (CFTC).
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SoulWhisper
Sun Mar 16 2025
This oversight is not conducted by individual states.
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CryptoChampion
Sun Mar 16 2025
The primary reason for this federal regulation is the legal classification of these trades.
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GinsengGlory
Sat Mar 15 2025
Sportsbook operators perceive sports futures as a potential long-term business threat.
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