Coinbase Prediction Market on Bitcoin Price Concludes
Coinbase's prediction market has concluded its contract on the price of Bitcoin (BTC) on Oct 5, 2026, at 4pm EDT. The market, which closed on the specified date, saw a total trading volume of $2.8 million, with $1,046,461.22 in interest. Participants traded contracts that paid out $1 if the event occurred or $0 if it did not, with prices reflecting the market's odds.
The market was regulated and offered through Coinbase Financial Markets (CFM), a registered futures commission merchant. Trades were prohibited for individuals with material, non-public information or those employed by designated source agencies. The contract's outcome was determined by an independent, regulated exchange using official data or trusted news sources.
Participants needed a Coinbase account and completed onboarding for CFM, including identity verification and basic financial details. Funds from the main Coinbase account could be used for trading, with settlement transfers potentially delayed on weekends or U.S. bank holidays. Fees varied by market and were shown before placing an order.
Coinbase emphasized that prediction markets involve substantial risk and are not investment advice. The platform is not liable for errors or delays in content, and past performance is not indicative of future results.