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Cryptocurrency News Video

Is $SKL Token Halal ? Is SKALE Token Shariah Compliant? #shorts #crypto #halalcrypto

May 01, 2024 at 06:06 pm MRHB Network

Is $SKL Token Halal Is SKALE Token Shariah Compliant? #shorts #crypto #halalcrypto

Today we are going to look at this SKALE token ($SKL), which is offered by $SKALE, $SKALE is a blockchain network designed to enhance Ethereum by providing a scalable layer, allowing therefore developers to build powerful DApps with high speed and lower costs.
Now, the main objective of the platform is to offer zero gas fees and infinite scalability.
The native token SKALE ($SKL) serves multiple purposes within the network, including staking for validators, paying subscription fees for developers, and participating in network governance.
Now, from a Shariah perspective, there were no issues found.
The platform is kind of neutral, i.e. it can be used for halal and haram purposes.
But as long as you are trading the token only and you're using the platform for halal purposes, there's not going to be any issues.

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