Coinbase Launches Predictive Markets for Crypto and Beyond

Marketplace, a new feature on Coinbase, has started to gain popularity. The future of money is here and it's one of the first places where users can access and try out new features as soon as they're available.

The Predictive Market allows users to trade contracts based on events in the future. Each contract pays $1 if the event occurs, and $0 if it doesn't. The price reflects the market's odds of the event happening, for example, a price of $0.65 means there is a 65% chance.

The Predictive Market offers various markets, including cryptocurrency, economics, politics, sports, entertainment, technology, and science. New markets are constantly being added with clear rules and payout policies based on the outcome.