Is Binance like gambling?

I've been hearing a lot about Binance and its role in the cryptocurrency market, but I can't help but wonder if investing in it feels like gambling. After all, the value of cryptocurrencies can fluctuate wildly, and I've heard stories of people losing significant amounts of money. So, is Binance really just a platform for high-stakes gambling, or is there more to it than that? What kind of risks are involved, and what steps can investors take to mitigate those risks? I'd love to hear your thoughts on this.