Crypto.com Launches Sports Prediction Service in 16 US States
- Crypto.com has partnered with prediction market platform Underdog, marking a major expansion of its offerings beyond crypto trading
- Users can trade contracts based on predicted sports outcomes (ranging across NFL, college football, NBA, MLB, and more) using a market-driven model instead of fixed odds
- This isn’t the first time Crypto.com had dabbled in sports, since the company first launched its Sports Event Trading product nationwide in late 2024, under the CFTC’s
Crypto.com has partnered with prediction market platform Underdog to launch sports prediction markets in 16 US states, marking a major expansion of its offerings beyond crypto trading.
How Does the New Sports Prediction Market Work?
Users can trade contracts based on predicted sports outcomes (ranging across NFL, college football, NBA, MLB, and more) using a market-driven model instead of fixed odds. It’s a fusion of finance and fandom, where supply and demand set the price of a prediction.
This isn’t the first time Crypto.com had dabbled in sports since the company first launched its Sports Event Trading product nationwide in late 2024, under the oversight of the CFTC (Commodity Futu…
The post Crypto.com Launches Sports Prediction Service in 16 US States appeared first on Coin Edition.
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Crypto.com Launches Sports Prediction Service in 16 US States
- Crypto.com has partnered with prediction market platform Underdog, marking a major expansion of its offerings beyond crypto trading
- Users can trade contracts based on predicted sports outcomes (ranging across NFL, college football, NBA, MLB, and more) using a market-driven model instead of fixed odds
- This isn’t the first time Crypto.com had dabbled in sports, since the company first launched its Sports Event Trading product nationwide in late 2024, under the CFTC’s
Crypto.com has partnered with prediction market platform Underdog to launch sports prediction markets in 16 US states, marking a major expansion of its offerings beyond crypto trading.
How Does the New Sports Prediction Market Work?
Users can trade contracts based on predicted sports outcomes (ranging across NFL, college football, NBA, MLB, and more) using a market-driven model instead of fixed odds. It’s a fusion of finance and fandom, where supply and demand set the price of a prediction.
This isn’t the first time Crypto.com had dabbled in sports since the company first launched its Sports Event Trading product nationwide in late 2024, under the oversight of the CFTC (Commodity Futu…
The post Crypto.com Launches Sports Prediction Service in 16 US States appeared first on Coin Edition.
Read More
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