Coinbase Launches Prediction Markets for Crypto Events

A new era of prediction markets has begun on Coinbase, allowing users to bet on various events in crypto, economics, politics, sports, entertainment, technology, science, and more.

The platform offers regulated 'Yes/No' contracts, where users can buy in with a fee applied. The price of each contract reflects the market's odds, with $0.65 meaning a 65% chance of an event happening.

A notable example is REVENIX vs. SAW Youngsters: Map 2 - Coinbase, which has an expiry date of September 20, 2026, and requires users to complete onboarding to Coinbase Financial Markets (CFM) for trading.