BitMart Launches Prediction Market for USDT Betting on Sports and Crypto Events

BitMart Launches Prediction Market for USDT Betting on Sports and Crypto Events

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News Editor 01
2026-07-24 05:10:16
BitMart launched its prediction market on January 6, 2026, allowing users to bet on binary outcomes like crypto prices and sports events using USDT. Contract prices reflect real-time probabilities, and positions can be traded before settlement.

Global digital asset exchange BitMart officially launched a new product — the Prediction Market — on January 6, 2026. Users can now use USDT to place ‘yes/no’ bets on future events such as cryptocurrency price movements, sports outcomes, and trending topics, while retaining the ability to buy or sell their positions before the final result is known.

Binary Prediction Model: Contract Price Reflects Market Probability

BitMart’s prediction market adopts a binary model where each possible outcome corresponds to a contract. The contract price floats between $0 and $1, directly reflecting the market’s consensus probability. For instance, a contract priced at $0.65 implies a 65% perceived probability of that outcome occurring.

Unlike traditional prediction products, BitMart enables users to trade their contracts freely on the in-platform market at any time before the event settles, allowing for early profit-taking or loss mitigation.

Four-Step Participation and Fund Segregation

To lower the barrier, BitMart offers a straightforward flow: navigate to the ‘Trade’ section, select a prediction event, choose a direction, enter a USDT amount, and confirm. Positions are updated in real-time in the user’s account.

For fund safety, BitMart stores all user deposits in isolated segregated accounts that the platform cannot arbitrarily access. Settlement follows transparent pre-set rules, ensuring fairness and auditability.

Launch Incentives: 15,000 USDT in Prizes

To celebrate the launch, BitMart is running a limited-time promotion: a 10,000 USDT airdrop pool shared among all prediction participants, with larger rewards for more bets. The top 500 users by bet count will also split a 5,000 USDT bonus pool.

BitMart’s team stated that this product enriches the platform’s portfolio and will be expanded with more topics and enhanced risk controls. The exchange currently serves over 12 million users and lists more than 1,700 trading pairs.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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