BitMart launches prediction market for crypto and event trading
Crypto Briefing
BitMart has launched a new Prediction Market allowing users to trade forecasts on crypto movements and various events using USDT.Summary
Global crypto exchange BitMart has officially launched its Prediction Market, a new feature enabling users to trade forecasts on crypto price movements, sports outcomes, and public figures using USDT-based contracts. The market utilizes a binary yes-or-no contract structure, where contracts are priced between $0 and $1 to represent probability, and settlements are automatic based on the event outcomes. To incentivize participation, BitMart introduced launch incentives, including a 10,000 USDT airdrop pool and an additional 5,000 USDT reward pool for the most active traders, aligning with the company's strategy to diversify its trading ecosystem.
(Source：Crypto Briefing)