Risks associated with crypto-currency trading and the degree of individuals' awareness of these risks

المؤلفون

  • Marwan Orabi جامعة العلوم الاسلامية العالمية

الكلمات المفتاحية:

Crypto-Currency، digital Coin، Virtual Bank

الملخص

The current research was carried out as an approach to measure to what extent are Jordanian individuals aware of crypto-currency trading risks. In order to achieve this aim, some risks were adopted including (Volatility, Unregulated, Susceptible to error and hacking, and Discontinuation) through an online questionnaire that was answered by (391) traders in Jordan in 2021. SPSS was used to analyze their answers and come up with a degree of awareness regarding trading in digital coins. Results of the study indicated that Jordanian individuals were aware of crypto-currency trading risks; their answers revealed that they knew before that trading within digital currency markets is based on risks that mainly included unregulated trading environment which means to insurance or protection, in addition to the risks of susceptible to error and hacking and Discontinuation of trading a current currency and replace with another one. This study recommended that individuals should be made aware of the risks of cryptocurrency trading, although it represents a good investment opportunity, trading involves a lot of risks, and losses may exceed the value of the funds traded

التنزيلات

منشور

2023-04-06