Coinbase has begun rolling out access to Coinbase prediction markets for users in the United States. The product allows customers to trade on real-world event outcomes directly within their Coinbase account. At launch, all market activity is powered by Kalshi.
Users can trade contracts linked to elections, sports, collectibles, and economic indicators. Prices are determined by collective trading activity rather than fixed odds. This reflects how participants assess the likelihood of each outcome.
All prediction market flow will initially come from Kalshi. Coinbase confirmed Kalshi as its sole partner at launch. Support for additional prediction market platforms is planned for the coming months.
Prediction market positions will appear alongside crypto, equities, and cash balances. This allows users to manage all positions in a single interface. Coinbase said this keeps the experience consistent with its existing products.
Trading will be available from as little as USD 1 (ca. EUR 0.85) using USD or USDC (which is a stablecoin, a type of cryptocurrency designed to keep a steady value). Coinbase stated this lowers the barrier to entry for new users. One company statement noted the aim is to create “a wider marketplace for predictions.”
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