Crypto.com Launches Dedicated Prediction Markets App Amid Rising Volumes

Crypto.com has announced the launch of a separate application dedicated specifically to prediction markets. This strategic move comes as trading activity in event-based markets has surged, with monthly volumes exceeding an impressive $17 billion, particularly in anticipation of the Super Bowl.

The burgeoning competition among cryptocurrency exchanges to provide innovative event trading options has created a dynamic environment. By establishing a standalone platform for prediction markets, Crypto.com aims to enhance user experience and capitalize on the growing interest in this segment.