Crypto
Coinbase Users Can Now Bet on New York Gas Prices in September
A new prediction market has been added to Coinbase, allowing users to bet on various events including gas prices in New York. The market is for a specific date and time, September 5, 2026, at 3:59 AM GMT+0.
The market allows users to buy 'Yes' or 'No' contracts, with the price reflecting the market's odds of the event happening. For example, if the current price is $0.65, it means a 65% chance that gas prices in New York will be at a certain level on September 5, 2026.
Users can trade regulated 'Yes/No' contracts on outcomes in various categories including crypto, economics, politics, sports, entertainment, technology, science, and more. The platform has clear rules and settlement policies based on the result of the event.