Anyone try using the Coinbase prediction futures?

[Reload]

Got approved for it but offerings seem limited. Wondered if anyone else has tried it and has thoughts.

 

[Archie]

I dont have the inside info on that big manipulators


you have a connect?

 

[Reload]

I dont have the inside info on that big manipulators


you have a connect?

No inside info. It looks like how other prediction markets work. Except it’s all done right in the Coinbase app - it’s their own Polymarket/Kalshi.

You do have to answer a few questions to be approved. Income, net worth, etc. Can make it all up lol.

So far it seems to look good for money lines in sports but that’s mostly it.

 

[flyingillini]

Doesn't interest me, too much other stuff going on, but good luck!

 

[jjgold]

You gotta watch it and only trade them in the daytime. The bid asks can be wide and then you have no chance.

 

[Wagerallsports]

Got approved for it but offerings seem limited. Wondered if anyone else has tried it and has thoughts.

Can you give us examples?

By the way got your msg

 

[flyingillini]

I am stating this right now. January 26th , 22:39, relive this post in the future. The stock market is going to be rough for a while. But mark my words on something.

Coinbase stock is at $213 today, 52 week low is $142 and high is $444. Coinbase is much bigger than Crypto. This stock is going to explode, it is not going to happen overnight but it will get back to the $400s and then new highs in the future, it is inevitable.

 

[jjgold]

I don’t know if we’re talking about the same thing if you’re talking about crude oil, natural gas, silver gold those are not prediction markets. They’re basically very tiny futures contracts.

On Coinbase, those are not yes no


The liquidity is very good, but just be careful with the bid/ask

 

[Reload]

Can you give us examples?

By the way got your msg

Example is like this…

 

[Wagerallsports]

^^^

Ohhh my apologies I misread

I use Kalshi instead (and offshore sportsbooks)

Do you have Kalshi also & have you compared the exchanges?

 

[Reload]

^^^

Ohhh my apologies I misread

I use Kalshi instead (and offshore sportsbooks)

Do you have Kalshi also & have you compared the exchanges?

No I haven’t used Kalshi or Polymarket. But this one with Coinbase looks convenient. Maybe not as much volume as other places and that might be an advantage.

 

[jjgold]

I’m confused. We’re talking about Coinbase and sports now.

 

[Reload]

I’m confused. We’re talking about Coinbase and sports now.

It’s a prediction market that’s right within the Coinbase app. Essentially it looks like Coinbase’s own Kalshi/Polymarket type offering.

 

[jjgold]

Oh, that’s not the derivative. You’re right that’s prediction that’s not allowed here so I don’t see it.

 

[BigJay]

I don’t know if we’re talking about the same thing if you’re talking about crude oil, natural gas, silver gold those are not prediction markets. They’re basically very tiny futures contracts.

On Coinbase, those are not yes no


The liquidity is very good, but just be careful with the bid/ask

 

[jjgold]

You’re better off trading the commodity then the actual yes no market

 

[Reload]

You’re better off trading the commodity then the actual yes no market

The yes/no market is for hamburgers

 

[Archie]

I am learning some stuff in this thread men! keep it up

let's get @KVB to help us too

 

[jjgold]

I don’t know if yes, no markets are beatable