What is the ruling on trading cryptocurrencies on the Binance platform, knowing that trading currencies is permissible under its Sharia-compliant conditions? And does the platform differ from the ruling on general currency trading, given that it is a miniature exchange? And is the spot transaction considered immediate, even though the process may take up to 30 minutes?

Binance is a digital currency trading platform. Dealing with it requires the availability of Shar'i (Islamic legal) controls, including: the occurrence of qabḍ (taking possession) in the same session when exchanging currencies, limiting oneself to owning the currencies, and the impermissibility of dealing with leverage or margin. Caution should be exercised when dealing with digital currencies.