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BitMart launches prediction market for crypto and event trading
Source: CryptoBriefing Original Title: BitMart launches prediction market for crypto and event trading Original Link:
Overview
BitMart, a global crypto exchange, has officially launched a prediction market feature supporting trading on crypto price movements and popular events.
Product Features
The new product enables users to engage in USDT-based trading across various categories, including:
The prediction market uses a binary yes-or-no contract structure, with contracts priced between $0 and $1 to represent probability. Trades are settled automatically based on event outcomes.
Launch Incentives
To support the launch, BitMart introduced incentive programs:
Strategic Significance
The company stated that this product launch reflects its strategy to expand its trading ecosystem and offer more diversified user experiences, marking another step in enhancing its derivatives trading offerings.