Coinbase has introduced a new prediction market feature that allows users to trade contracts on future events. These contracts are based on 'yes' or 'no' outcomes, with the price reflecting the market's odds of the event occurring.
The prediction market covers a wide range of topics, including crypto-related events, economics, politics, sports, entertainment, technology, science, and more. Each market has clear rules that explain how its outcome is decided, with settlement based on an independent, regulated exchange using official data or trusted news sources.
Users can trade 24/7, except during the weekly maintenance window from Thursday 3:00–5:00 am ET. Trading involves a fee that covers costs for operating the market and the broker fee. Fees vary by market and are shown in the trade preview before placing an order.