Coinbase Launches Prediction Market for Switzerland vs North Macedonia Match
Coinbase has launched a new prediction market for the outcome of the Switzerland vs. North Macedonia football match, focusing on whether both teams will score in the first half (BTTS). The market is set to close on October 8, 2026, or when an outcome is determined, whichever comes first. The contract allows users to bet on whether the event will happen, with prices reflecting the market’s odds. For instance, a price of $0.65 suggests a 65% chance of the event occurring. If users bet correctly, they receive $1 per contract minus the price they paid.
To participate, users need a Coinbase account and must complete onboarding with Coinbase Financial Markets (CFM). This involves identity verification and providing basic income/net worth details. Once approved, users can fund their accounts and start trading. The platform supports trading with USD and USDC, moving funds between the main Coinbase account and the derivatives account as needed.
Each market has clear rules based on an independent, regulated exchange determining the result using a stated 'source of truth.' Settlement occurs when the event result is confirmed, with correct contracts paying out $1 and incorrect ones $0. Payouts are made after settlement, though delays may occur on U.S. bank holidays, weekends, or outside banking hours. Trading fees are applied to cover operational costs and broker fees, with details shown in the trade preview.
Coinbase emphasizes that prediction markets involve substantial risk and may result in the loss of entire investments. The platform is not liable for errors or delays in content, and the information provided is for informational purposes only. It is not intended as investment advice.