Coinbase Bolsters Prediction Market Suite with Timed Crypto Trades

Coinbase has expanded its prediction market platform, introducing combination bets or 'combos' in the form of parlays.

The move comes after a partnership with Kalshi earlier this year, which saw Coinbase enter the prediction markets arena. The company highlighted strong demand for event contracts on its platform and sees multi-asset parlays as part of a broader refresh of its trading suite.

Parlays allow traders to bundle multiple predictions into a single trade across any category on the platform, combining trades on economic indicators alongside global political events or sports game outcomes.

The addition also includes timed crypto trades, allowing clients with high risk tolerance to trade predictions on various cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Solana (SOL) across 15-minute, hourly, daily, monthly, and annual intervals.