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BeInCrypto· Advertorial·· 19h ago

XPredict Launches Event‑Based Prediction Markets on XT Exchange

Original source: BeInCryptoRead original
AI brief

XPredict, a new feature on XT Exchange, introduces binary event‑based markets where users can bet on a specific outcome using USDT from their XT Spot account. Each market offers a Yes or No outcome, with prices fluctuating as traders place bets. Settlement rules are tightly defined: they specify the exact event, the source of confirmation, and any exceptional cases, mirroring Polymarket’s mechanism. Once the outcome is confirmed, XT settles winning shares at 100 cents and losing shares at zero, with settlement handled through its internal account system. The feature allows participants to trade precise predictions—such as whether a particular central bank will cut rates at its next meeting—rather than broad forecasts, thereby expanding XT Exchange’s exposure to traditional‑finance‑style markets for its 12 million+ users worldwide.

Source: BeInCrypto · beincrypto.com