CoinEx Product Teaching | How to Participate in CoinEx Prediction Market and Earn Profit in Advance
Predicting the market is an innovative service on the CoinEx platform that allows users to issue, trade, and deliver PreTokens by pledging assets. This enables global users to earn profits ahead of the official release of popular new tokens or events by predicting market free issuance, flexible trading, and maturity delivery.
The platform aims to simplify the trading experience, where users can choose to become issuers, create and sell PreTokens, or directly trade PreTokens as holders. Through PreToken trading, users can flexibly pre cast and trade PreTokens, and settle them at maturity in the prediction market. This multifunctional tool goes beyond traditional asset trading, allowing users to pre cast and speculate on unpublished projects and event results, making it a dynamic platform for short-term investment and forecasting.
So how should users participate in the CoinEx prediction market? This article will provide a detailed explanation using the case of the first PreToken program, "PRE_TRUMP".
Donald Trump, the representative of PRE_TRUMP, won the 2024 US general election. The price of this token will fluctuate according to market sentiment and the expectation of the candidate's possibility of winning. Cryptocurrency is gradually becoming an important factor in the 2024 US presidential election. Trump has evolved from distrust of cryptocurrency at the beginning to active support of the industry today, attracting a large number of donations, demonstrating its influence among voters. Meanwhile, Harris and the Democratic Party are closely following suit, intensifying their attention and research on cryptocurrencies.
As the November US presidential election approaches, this popular election has also attracted high attention from many cryptocurrency users. CoinEx's "PRE_TRUMP" prediction market has emerged, allowing users to participate in US election guessing in advance through CoinEx's prediction market.
Participation entrance
- Web: Navigation Bar - Coin - Market Prediction App: Click on 【 More 】 - 【 Market Prediction 】 on the CoinEx App homepage for quick entry
1. Log in to the CoinEx official website and enter the CoinEx prediction marketplace page
2. Enter the prediction market page and select "Pledge Issuance" or "Spot Trading" according to your needs
Take the PRE_TRUMP plan as an example. If you think Donald Trump may win, you can choose [spot trading] in the spot market to buy PRE_TRUMP, and keep holding until the election results are generated. If you think Donald Trump may fail, you can issue PRE_TRUMP through mortgage USDT, and sell all of them on the spot market, and keep them until the election results are generated, or redeem your PRE_TRUMP at any time.
3. Users can view the issued tokens and operation details on the "Project Details" page, and support redemption and spot trading at any time.
4. Predict that the market will only charge USDT as a transaction fee. The costs for each stage are as follows:
- Issuance: Free Trading: Charged at spot market rates, supports VIP discount Redemption: 2%, redeemed at the latest contract transaction price x redemption quantity x 2% Delivery: Issuer: Issued at delivery price x number of pre tokens issued x 1% Holder: Issued at delivery price x number of pre tokens held x 1%
By participating in CoinEx's prediction market, users can not only engage in flexible speculation before important events arrive, but also gain potential profits from them. Taking the "PRE_TRUMP" project as an example, users can choose to trade or issue based on the predicted election results, thereby achieving flexible asset management and income generation.
Whether you are a newcomer to the prediction market or an experienced investor, CoinEx provides you with a simple and easy-to-use platform to help you seize market opportunities.
*Risk Warning: Before using the prediction market, please ensure that you fully understand the trading rules and each project of the prediction market. Predicting the market is a highly speculative activity, with significant fluctuations in token prices and high investment risks. I hope you have a full understanding of digital assets, make rational investment judgments, and make prudent investment decisions.
This article is provided by the official and does not represent the position or investment advice of our website. Readers must make their own careful evaluations.
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