Coinbase today has officially opened its prediction markets service, which can now be used in all 50 states of the U.S.
This is a new feature that has been incorporated in the Coinbase application, where individuals can trade on actual results like a sportsperson, a political or any cultural event.
This is a major acquisition in the history of the crypto exchange, which, over time, becomes a multi-purpose trading platform.
New Function of the Coinbase App
The prediction markets functionality is now also built into the Coinbase app under the so-called Predict tab, where people can trade yes/no contracts on certain events, like political elections, sports outcomes, or economic events.
The price of each contract is the market estimate of the probability of the occurrence of the event. When the price of a contract is 0.65, that implies that the market is of the opinion that the probability of the occurrence is 65%.
Such functionality is offered to users in all 50 U.S. states and is available on the Coinbase Financial Markets platform.
It has been restricted to a few users, but Coinbase has made it accessible throughout the country.
The platform has a high regulatory control that allows following the U.S. laws and regulations.
Coinbase Financial Markets is registered as a futures commission merchant as well as a member of the National Futures Association.
The predictive markets of Coinbase
Users of Coinbase can deposit their trades using the U.S. dollar or USDC in their Coinbase account.
Contracts are purchased and sold, depending on projections, and they change depending on the market mood, as more information comes in.
In case of an event, the contract pays a dollar, and in case it does not pay, it pays nothing.
This renders the platform easy to use by beginners, as it provides a simplified model to those unfamiliar with the prediction markets.
The minimum trade size of $1 is the reason why the site is available to a wide client group.
The markets operate nearly 24/7, with only a small period of time weekly when they are closed to undergo some form of maintenance.
Coinbase also allows users to trade in the app, which means they do not have to use different accounts or external services.
Expanding beyond Crypto
The launch of prediction markets on Coinbase is the next step in the development of the company beyond trading in cryptocurrency.
In late 2025, Coinbase experienced a spike in demand for such markets as users wanted to trade on multiple events besides the usual financial instruments.
Other exchanges, such as Polymarket and Kalshi, have also experienced massive expansion, attracting billions of dollars to fund prediction markets.
These websites have a valuation of more than $9 billion and $11 billion, respectively.
According to Brian Armstrong, the CEO of Coinbase, prediction markets give better information than conventional betting models, due to their motivation by facts on the ground.
The aggregate opinion of the market actors alters swiftly with varying facts, and prediction markets are useful tools in comprehending the opinion of the people.
The move by Coinbase to venture into prediction markets highlights the diversification of its products and its aim of venturing into a market that is widening.
Through the incorporation of this feature into its existing application, Coinbase offers its users a smooth passage between the crypto trading world and the event-based market.
The ease of use of the platform will appeal to various types of traders, which will make the platform play a central role in the new prediction market environment.
The post Coinbase Expands Beyond Crypto with Prediction Markets in All 50 States first appeared on Coinfea.