XT Exchange has added XPredict, an event prediction market feature, to its platform, allowing eligible users to take part in Yes/No binary markets with USDT from their spot accounts. According to Techub News, XPredict references Polymarket for market status and settlement outcomes. Each market includes a designated resolution source, an end date, and rules for handling ambiguous cases. Once an outcome is confirmed, XT settles the market through its internal account system. In binary markets that have already been settled, winning shares are paid out at 100 cents, while losing shares are settled at 0. The report also notes that trading closure and final settlement are treated as separate stages, and canceled events are handled under predefined rules. The item was attributed to BeInCrypto.
XT Exchange has added XPredict, an event prediction market tool, to its platform, Techub News said. Eligible users can spend USDT from their spot accounts to trade in Yes/No binary markets.
XPredict uses Polymarket as the reference point for market status and settlement results. Each market includes a named resolution source, an end date, and rules for messy or unclear cases. Once an outcome is confirmed, XT settles the market through its internal account system.
In binary markets that are already settled, winning shares pay 100 cents. Losing shares pay 0. Two different steps. Trading closure is one, and final settlement is another. Canceled events are processed under pre-set rules.
The item was credited to BeInCrypto.
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