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Yanis K1ng

@yanisk1ng88

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Are Bitget and Bybit turning students into ludomaniacs? Online scandal A loud scandal is brewing in Chinese social networks: the ETHPanda research platform has accused two large centralized exchanges — Bybit and Bitget — of dubious programs aimed at turning inexperienced students into ludomaniacs. What exactly is going on: — Students receive “test funds” from the exchange (for example, $500–$1,000), which cannot be withdrawn, but can be used to trade derivatives (most often futures). — If a student successfully trades and makes a profit, he can take this profit for himself. — There are no losses at the same time — only the stock exchange. Additionally, if a student posts screenshots with high returns (for example, x3 or x5) on social media, they may be offered additional “test” funds or bonuses. ETHPanda calls this “degen grooming" — the formation of dependence among financially inexperienced youth.
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