BitMart launches crypto and event trading prediction market
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Bitmart has officially launched its Prediction Market, a new product that allows users to trade predictions. The product has a binary yes or no structure, with contracts having a probability of value between $0 and $1.
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BitMart, a global crypto exchange, today launched a prediction market feature that supports trading on crypto price movements and popular events.
The new product allows users to trade USDT based on various categories including crypto predictions, sports scores and public figures. The prediction market uses a binary contract structure, where trades are automatically adjusted based on event outcomes.
To support the launch, Bitmart has introduced incentive programs, with a 10,000 USDT airdrop pool for participants and an additional 5,000 USDT reward pool for top traders on the move. The company said the product launch reflects its strategy to expand its marketing ecosystem and offer a diverse user experience.
