Binance is preparing to roll out a prediction market feature within its wallet, tapping third-party providers led by Predict (Predict.fun) on the BNB Smart Chain to let users wager on outcomes across sports, economics and crypto.

Binance Wallet Update

The exchange plans to aggregate prediction market platforms from outside providers directly into its wallet interface. Data from Binance's own wallet website, first reported by Wu Blockchain on Mar. 31, shows that Predict.fun — a decentralized protocol built on BNB Smart Chain — currently serves as the primary provider.

Users will be able to place bets on future outcomes spanning sports, economics, world events and crypto.

The feature will appear at the top of the Markets page. To access it, iOS users must update to version 3.11.1, while Android users need version 3.11.2 or later.

Trades can be funded with USDT (USDT) from spot or funding accounts.

Also Read: Prediction Markets Gain 118% More Users In Record March, Hit All-Time High

Prediction Market Competition

Binance is not the first major exchange to move into predictions. Coinbase and Crypto.com have already entered the space through partnerships or standalone products.

Meanwhile, dedicated platforms have seen explosive growth.

Kalshi recently closed a $1B investment round at a $22B valuation. Polymarket raised another $600M from the Intercontinental Exchange.

Still, the sector faces regulatory headwinds — several countries have banned prediction market services, with Argentina imposing the most recent prohibition.

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