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CoinWorld News: The global digital asset trading platform BitMart officially launched its "Prediction Market" product today. Users can use USDT to predict and trade on the future prices of cryptocurrencies, sports events, political events, and other future occurrences. The platform adopts a binary prediction mechanism, with contract prices fluctuating between 0 and 1 USD, reflecting the market's probability assessment of the event in real-time. Users can trade contracts at any time before event settlement, allowing flexible risk management. Correct predictions will result in each contract being settled at 1 USD. To celebrate the launch, BitMart is offering a limited-time event with a total prize pool of $15,000, where participating users can share in airdrops and leaderboard rewards. The platform states that user funds in the prediction market will be held in an independent secure account, and all settlements are automatically executed based on transparent and open rules.