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Binance Wallet to Launch Prediction Market With predict.fun Integration

Binance Wallet to Launch Prediction Market With predict.fun Integration

According to Binance’s FAQ, the new Binance Wallet feature will let users trade event outcomes across several categories using USDT and standard order types.

USDT

Summary

According to Binance’s official FAQ published on July 31, Binance Wallet’s new Prediction Markets feature will allow users to trade event outcomes in sports, politics, economics and crypto prices. The feature supports trading with USDT and includes both market and limit orders. The update adds operational details to Binance’s earlier announcement that the prediction market will be integrated into Binance Wallet through predict.fun.

Terms & Concepts
  • Prediction Markets: Markets where users trade on the outcomes of future events, with pricing reflecting collective expectations about those outcomes.
  • USDT: A U.S. dollar-pegged stablecoin commonly used on crypto platforms for trading and settlement.
  • limit orders: Orders to buy or sell only at a specified price or better, giving traders more control over execution.