BitMart’s new prediction market integrates event-based trading and aims to boost engagement and volumes through diversified contract offerings.
BitMart announced the launch of its USDT-based prediction market, enabling users to trade binary contracts on outcomes spanning cryptocurrency prices, sports, and political events. Contracts are priced between $0 and $1 to reflect event probabilities. The platform seeks to enhance user engagement and trading activity by integrating event-driven market dynamics. A $15,000 prize pool marks the feature’s debut, offering participants incentives to explore the market.