Is GMX (GMX) Halal or Haram?
Shariah compliance review of GMX (GMX) by Islamic finance scholars at EthicalNode, with separate verdicts for trading and for staking.
Trading verdict: Non-Comfortable
GMX is a decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50X leverage on popular cryptocurrencies. CryptoHalal: the project is impermissible.
Staking verdict: Non-Comfortable
Based on the conclusion about the permissibility of buying and selling the GMX coin under Shariah standards, we advise against participating in any instruments related to this token.
Browse all Shariah-compliant cryptocurrencies on the EthicalNode halal crypto screener.