Crypto Platforms Feel Like Gambling because They Are: Users Are Drawn to High-Risk Behavior

Crypto platforms feel like gambling because they are: Users are drawn to high-risk behavior

When Kim Kardashian paid a fine in 2022 for promoting a crypto token without revealing she was paid for it, and Matt Damon told us that "fortune favors the brave," in a cryptocurrency ad, it became clear that crypto had crossed over into pop culture.

Crypto platforms feel like gambling because they are: Users are drawn to high-risk behaviour

Crypto trading platforms, where millions of people buy and sell digital currencies, don’t just look like casinos. In many ways, they function like them. Michal Parzuchowski/Unsplash, CC BYWhen Kim Kardashian paid a fine in 2022 for promoting a crypto token without revealing she was paid for it, and Matt Damon told us that “fortune favours the brave,” in a crypto currency ad, it became clear that crypto had crossed over into pop culture. But bene…

The Pulse: Crypto Risk Review

Welcome to Crypto Risk Review, your concise and clear resource for quickly understanding and navigating crypto and DeFi market risks.