Online broker Webull offers cryptocurrency price prediction contract products through cooperation with Kalshi

PANews reported on June 11 that according to Bloomberg, online brokerage Webull has partnered with prediction market platform Kalshi to launch Bitcoin and Ethereum price prediction contract products. The product allows users to bet on the price of cryptocurrencies at a specific point in time, such as whether Bitcoin will be above $105,000 at a certain point in time, with a minimum bet of $5 per transaction.

Webull's US CEO Anthony Denier said that compared with its competitors, it prefers a conservative strategy to avoid regulatory risks. The company plans to launch cryptocurrency spot trading by the end of 2025, and currently provides users with crypto asset exposure that reduces volatility risk through price prediction contracts.

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Author: PA一线

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