The crypto exchange says the move aims to boost liquidity while competing with Kalshi and Polymarket, dismissing claims of preferential trading benefits.
Summary
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Terms & Concepts
Prediction Market: A marketplace where participants trade contracts whose payoff depends on the outcome of future events.
Liquidity: The ease with which assets can be bought or sold in a market without affecting their price.
Market Maker: An entity that provides liquidity by being ready to buy and sell assets at publicly quoted prices.