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Bifu Prediction Market FAQ

11/06/2026 06:24:15


1、What is Prediction Market?

 

A prediction market is a trading market based on event outcomes. Users trade YES/NO contracts to judge future events and obtain profits after results are confirmed.
 

2、How to participate in transactions?

 

Prediction market only supports USDC trading currently. You need to purchase or recharge USDC, then transfer funds to the Prediction Market account to join.
Simple steps:
- Select a prediction market event
- Choose YES or NO
- Enter amount and confirm order
- Sell anytime or hold until settlement
- Trading price fluctuates in real time by market supply and demand
 

3、How is the price formed?

 

Prices are determined by market supply and demand.
More YES buyers push YES price higher;
More NO buyers push NO price higher;
Essentially, the price is the market’s collective probability judgment.
 

4、What does prediction market price stand for?

 

The price represents the market expectation of event occurrence probability. Example: YES price = 0.65 means the market estimates a 65% occurrence probability of the event.
 

5、How to make profits in Prediction Market?

 

Method 1: Hold until settlement
- Correct judgment: 1 contract settles at 1 USDC
- Position Profit = 1 – Purchase Price
- Wrong judgment: Contract value equals 0
 
Method 2: Trade with price fluctuation
- Sell at a higher price when market sentiment and price rise
- Buy low and sell high
- No need to wait for final event results
 

6、When will the market be settled?

 
Each market has clear rules and settlement terms. The system will settle automatically after event results are confirmed. Contracts in the correct direction will be settled at 1:1 stablecoin ratio.

 

7、What are the settlement rules?

 

Settlement rules are simple:
- Correct-direction contract → 1 contract = 1 USDC
- Wrong-direction contract → Zero value
Funds will be automatically returned to your spot account after settlement.

 

8、Can I sell contracts at any time?

Yes. During trading opening hours:
- Partial selling
- Full selling
- Keep holding positions
Trading is closed after market shutdown, only waiting for system settlement.

 

9、Is transaction fee charged?

 
Yes. Transaction fee is charged, the current rate is 0.1%.
 

10、Can I participate via Web3 Wallet?

 
No. It is only available on Bifu Exchange platform for now.
 

11、What kinds of events are covered?

 
It covers crypto industry news, price milestones, popular sports matches, technology & industry development, core market trends and more. New event markets will be launched continuously.

 

12、Why do prices change constantly?

 
Prices are determined by market supply and demand. Increased buying orders for one direction will lift its contract price.

 

13、Can I buy YES and NO at the same time?

 
Yes. Many users hold two-way positions via hedging and short-term trading strategies.

 

14、Is Prediction Market suitable for beginners?

 

Yes. Compared with options and perpetual contract trading, it only requires judging whether an event will happen, with lower threshold and simpler logic.

 

15、What risks exist in Prediction Market?

 

Main risks:
- Principal loss caused by wrong prediction
- Floating loss from market price swings
- Delayed settlement of controversial events
Control your position reasonably and avoid high-risk trading operations.
 

16、Will new markets be launched regularly?

Yes. Bifu will launch new prediction market events continuously for users to trade.