PANews reported on March 31 that Binance Wallet will launch a prediction market feature, with Predict.fun, a third-party service provider, handling event creation and outcome determination. This will allow users to bet on the future outcomes of events in sports, economics, world events, culture, and cryptocurrencies. Each "yes" or "no" bet is priced between $0.01 and $0.99, with a payout of $1 per bet for a correct prediction. Users need to update the Binance App to iOS 3.11.1 or Android 3.11.2 or later, access the prediction market at the top of the market page, create a prediction account, and then trade using USDT from their spot or cash accounts. Binance does not directly manage market events nor act as a counterparty. This feature may not be available in some countries or regions.


