CryptoBinance Wallet integrates prediction markets through Predict.fun

Binance Wallet integrates prediction markets through Predict.fun

-


Binance Wallet has integrated prediction markets through Predict.fun, adding event-based trading to the Binance app across crypto, sports, global events, and other categories.

Binance said users can access the feature through the Markets section in Exchange view, marking a broader push to bring more onchain products into its main retail app.

Binance said traders can place prediction trades using funds already held in their spot or funding accounts rather than moving assets to an external wallet. Binance is also covering BNB Smart Chain gas fees, which lowers the cost of placing trades.

The feature runs through Binance Wallet’s keyless system, which distributes control of private keys to reduce single points of failure. Users still need to open a separate Prediction Account to access the service.

For Predict.fun, the integration opens a much larger distribution channel. The platform, which operates on BNB Smart Chain, has said it supports markets across politics, sports, and crypto, and recently announced strategic backing from YZi Labs and Susquehanna Crypto.

Predict.fun said it has processed more than $1.8 billion in cumulative volume and over 4 million orders, highlighting the scale it had already reached before entering Binance’s app ecosystem.

The launch comes as prediction markets gain scale across crypto. DefiLlama data shows the sector at about $482 million in total value locked, while Predict.fun has logged roughly $277 million in 30-day notional volume. Binance said the feature may not be available in some jurisdictions.

The rollout was paired with a two-week feedback campaign offering 30 users 100 USDC each for eligible responses, suggesting Binance is using the launch to test demand as much as to expand product scope.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Tom Lehman pushes for EIP 8182 inclusion in Ethereum Hegota upgrade

Ethereum Layer 2 co-founder Tom Lehman...

Inside the worlds biggest bet on fusion energy

ITER is the world’s largest fusion reactor project, bringing together scientists from around the globe to pursue clean...

Trader Opens $100M ETH Short at 23x Leverage on Hyperliquid With Liquidation Just 2% Away

Key TakeawaysWallet 0x50b3 opened a $100.33M ETH short at 23x leverage on Hyperliquid.The position liquidates if ETH reaches...

Bitcoin News: Has Saylor Just Changed the MicroStrategy Playbook?

Strategy has launched a new convertible bond offering worth more than $500M, and for the first time since...

Advertisement

Binance Lists OpenGradient (OPG) with Multiple Spot Trading Pairs

Key TakeawaysBinance expands its AI-native token offerings by listing OpenGradient (OPG) against major pairs including USDT, USDC, and...

These Privacy-Conscious Gay Dating Apps Want to Dethrone Grindr

You could argue, and people have, that the top gay dating apps are now optimized for monetization and...

Must read

You might also likeRELATED
Recommended to you