Binance officially announces the launch of the prediction market

Binance announces the launch of a prediction market, a new feature that allows users to participate in probability-based markets through integration with third-party platforms from the Binance app. When the Binance wallet goes live, it will integrate market access provided by Predict.fun, a leading on-chain prediction market provider on the BNB Smart Chain (BSC).

Prediction markets allow participants to bet on future outcomes in areas such as sports, economics, world events, culture, and cryptocurrency. Each outcome (yes or no) is represented by shares priced between $0.01 and $0.99, reflecting the collective belief of participants in the likelihood of the outcome— for example, in a sufficiently deep market, a share priced at $0.80 indicates an 80% probability of that outcome occurring. When the market settles, shares for the correct outcome will pay $1.

In the Binance app, go to the "Markets" tab. Click on the "Prediction" tab (available only in supported regions). Select a category to browse available markets that provide real-time probability pricing.