Crypto and gambling are increasingly intertwined, with the crypto gambling market experiencing rapid growth due to features like faster transactions, enhanced privacy, and global accessibility. The market share of crypto in online wagers reached 30% globally in 2025. However, this trend is also associated with significant risks, including a correlation with problem gambling behaviors and a higher prevalence of scams in an often-unregulated environment. Correlation with Problem Gambling: Studies indicate a strong association between cryptocurrency trading and problem gambling. Individuals who trade crypto are more likely to exhibit behavioral patterns similar to gamblers and report higher levels of excessive gambling and psychological distress.
Benefits for Users: The primary drivers for the adoption of crypto in gambling include instant 24/7 settlements, lower bank fees, and a high level of privacy that allows users to bypass traditional banking restrictions.
How is the community dealing with it??
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