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Binance Prediction Market Surpasses Kalshi and Polymarket in Trading Volume

CZ-led Binance platform reportedly outperforms U.S.-based Kalshi and blockchain-powered Polymarket in prediction market activity.

Summary

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Terms & Concepts
  • Prediction Market: A platform where participants trade contracts based on the outcome of future events.
  • Kalshi: A U.S.-regulated prediction market offering event-based trading contracts.
  • Polymarket: A blockchain-based prediction market where users trade on real-world events using cryptocurrency.