Hassan Maishera
TL;DR
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Binance is currently beta-testing a prediction market feature within its app through third-party partnerships.
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When launched, the feature would allow users to set up a dedicated prediction account, separate from their spot trading accounts, to trade on event contracts.
Binance to Launch a Prediction Market Feature
Binance, the world’s leading cryptocurrency exchange by trading volume, is currently testing an in-app prediction market feature.
The company now joins a growing list of top crypto firms tapping into the nascent sector.
Binance revealed that it will aggregate the feature from third-party providers and has partnered with Predict.fun, a protocol on BNB Smart Chain, to integrate prediction markets into Binance Wallet.
This latest development comes as prediction marketplaces have become very popular within the crypto space. Prediction marketplaces like Polymarket and Kalshi allow users to trade on real-world outcomes covering a wide range of events, including elections, sports, cultural events, and more.
Binance noted that each outcome — yes or no — would be represented by a share priced between $0.01 and $0.99, reflecting participants' collective belief about the likelihood.
This new feature would require users to set up a dedicated prediction account, separate from their spot trading accounts, to trade on event contracts.
Binance is yet to reveal when it will officially roll out the feature or in which jurisdictions it will be available.
While speaking to The Block, a Binance spokesperson stated that,
"We are beta testing in-app access to on-chain prediction markets through a third-party integration. This broadens the range of things users can do in Binance Wallet. We will be making our announcements on our official channels when we are ready."
This latest development comes after Coinbase announced its prediction markets offering to users across the U.S. through its partnership with Kalshi in January. Last month, Crypto.com launched a standalone prediction markets platform called OG, just days before Super Bowl XL.
Prediction markets have surpassed $20 billion in monthly trading volume, up from $1.2 billion in early 2025. In March, Kalshi saw roughly $10.98 billion in volume, up from $10.44 billion in the previous month, while Polymarket recorded $10.04 billion, up from $7.94 billion in February.
The growing popularity of this industry has seen U.S. senators Adam Schiff and John Curtis introduce the "Prediction Markets Are Gambling Act," earlier this month. The act seeks to bar prediction contracts tied to sports or casino-style games from being listed or traded on a registered platform.
Leading prediction market platforms Polymarket and Kalshi responded by launching new measures to curb insider trading and market manipulation.
