Crypto.com Launches U.S.-Exclusive Event Contracts Trading Platform
- Crypto.com has launched OG, a platform for trading event contracts in the U.S., regulated by the CFTC.
- The platform allows trading on events in sports, politics, and finance.
- The first million users can receive bonuses of up to $500 each upon signing up.
- Crypto.com’s prediction market business grew by over 40 times weekly in the last six months.
- Derivatives North America, a Crypto.com subsidiary, is responsible for managing these contracts.
The launch of OG signifies Crypto.com’s commitment to expanding into prediction markets while adhering to regulatory standards set by the CFTC. This move aims to attract users interested in event-based trading opportunities within various sectors.
With the potential for bonuses reaching $500 for early adopters, Crypto.com is positioning itself as a key player in the evolving landscape of event contracts and derivatives trading.
