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3w ago

Binance Wallet Adds In-App Access to On-Chain Prediction Markets via Predict.fun

Covering gas fees alongside use of existing balances lowers entry costs for retail traders.

Binance wallet introduces in app access to on chain prediction markets via third party integration
Photo: Vox Media
Binance integrates prediction markets into wallet, bringing on chain outcome trading directly into its app
Retail traders can now access prediction markets through binance wallet

Overview

  • Binance Wallet’s integration with Predict.fun went live Thursday, letting eligible users trade event outcomes inside the app.
  • Predict.fun executes pricing, smart contracts, and settlement on BNB Smart Chain, while Binance acts only as the access layer rather than a market operator or counterparty.
  • Users must open a separate Prediction Account that uses a keyless MPC wallet for access, and they can fund positions from Spot or Funding balances with market or limit orders.
  • Binance is sponsoring all gas fees for trades and settlements, removing blockchain transaction costs that often deter first-time participants.
  • The launch lands as prediction markets surge past $20 billion in monthly volume with Polymarket and Kalshi dominant, and as Predict.fun reports about $1.8 billion in cumulative volume and more than 4 million orders.