Telegram went into financial gambling. In tg-wallet there is an opportunity to «buy» and «sell» for cryptocurrency US stocks and ETFs. But it is naturally not a full-fledged broker. Users are offered a «tokenized» version of the assets.

Strictly speaking this is one of the iGaming sub-verticals. iGaming > Financial iGaming > CFD (Contract for difference).

That is, the investor, or to put it more precisely, the «player» does not buy the asset itself. His name does not appear in the depository, he is not entitled to dividends or insurance coverage. He simply bets on the movement of a certain asset in one direction or another.

By its very nature, CFDs lie on the same plane as binary options. But while binary options offer fixed odds and therefore a rigid negative mathematical expectation for all players, the nature of CFDs is slightly different. Here each investor plays against another investor. Because of commissions, the expectation for the average investor will always be negative. As well as on any stock exchange. But theoretically, a small part of players will be on the distance in the plus. This is again characteristic of any exchange.