Binance is introducing Prediction Markets, a new feature that allows users to participate in probability-based markets from the Binance App through an integration with third-party platforms.

Users can now take positions on real-world outcomes across different categories.

At launch, Binance Wallet will integrate access to markets provided by Predict.fun, the leading on-chain prediction market provider on BNB Smart Chain (BSC).

Prediction markets allow participants to take positions on future outcomes across areas like sports, economics, world events, culture and crypto.

Each outcome (YES and NO) is represented by a share priced between $0.01 and $0.99, representing the collective belief of participants on the outcome’s likelihood — for instance, a share priced at $0.80 in a sufficiently deep market would suggest an 80% chance of the outcome occurring.

When the market resolves, the correct outcome’s share pays out $1.

How to Start Predicting

• Navigate to the [Markets] tab in your Binance App.
• Tap the [Prediction] tab (available in supported regions).
• Select a category and explore available markets with real-time probability pricing.
• First time accessing a Binance Wallet Prediction Market? When prompted, create your Binance Wallet Prediction Account, which will automatically generate a secure Keyless Wallet for trading.
• Use your available Spot & Funding Accounts’ balances, or top up your Prediction Account first.
• Choose a prediction outcome and enter your order amount.
• Execute your trade using Market Orders or Limit Orders within your Prediction Account.
• Track positions, claim winnings, and view your history under [Assets] > [Prediction].

Prediction Markets are enabled through the integration of a third-party on-chain decentralized application platform (DApp) (Predict.fun). Binance Wallet provides access to the Prediction Markets feature within its interface but does not act as the market counterparty.

The Prediction Markets feature may not be accessible in your region.