Coinbase Launches Prediction Market for Various Events

Coinbase Financial Markets has launched a new prediction market that allows users to bet on the outcome of various events, including those in crypto, economics, politics, and more. The market is based on a yes/no format, with prices reflecting the odds of an event occurring.

The current top text-to-image AI market on Coinbase has a payout of $106, with no volume detected. The market will close and expire when an outcome occurs or by September 11, 2026, at 2:00 PM GMT+0.

Users need to complete onboarding to Coinbase Financial Markets (CFM) to participate in the prediction markets, which include identity verification and basic income/net worth details. Once approved, users can fund their account and start trading with cash held in their main Coinbase account.