XT.com Unveils XPredict for Trading Real-World Outcomes

XT.com has introduced XPredict, a platform that allows users to trade the probability of real-world outcomes, including cryptocurrency price movements, policy decisions, and sports events. This new feature is integrated directly into the exchange's user accounts.

XPredict operates using an order book model, where contract prices reflect the market's view of likelihood for each outcome. The platform also uses oracle verification to determine settlements, with all transactions accessible via USDT within XT.com accounts.

The exchange itself has been operational since 2018 and serves over 12 million registered users across more than 200 countries. It offers a wide range of features, including spot, margin, and futures markets, as well as a Real World Assets marketplace and proprietary mining capabilities with leverage up to 125x.

The introduction of XPredict marks the latest development in XT.com's efforts to provide users with innovative trading tools and experiences.