Major CEX Launches Event Contracts For Short-Term BTC And ETH Price Trading

BTC0,98%
ETH2,22%

Gate News message, April 20 — A major global exchange has introduced Event Contracts, enabling users to express directional views on whether Bitcoin (BTC) or Ethereum (ETH) will increase or decrease in value over a defined time period. The product is initially available to qualified participants across Asia, the Commonwealth of Independent States (CIS) region, and Latin America.

Each contract is structured around a binary market outcome linked to a specific question regarding price direction or threshold achievement within a set timeframe. Contract pricing ranges from 0.01 to 0.99 USDT, with expiration intervals varying from ultra-short durations such as 15 minutes to daily settlement cycles. The minimum participation threshold is set at $0.01. Unlike traditional futures trading, Event Contracts reduce the process to a selection of direction, timeframe, and stake amount, with predefined fees and no liquidation risk beyond the initial amount committed. Settlement occurs automatically at expiry.

The product is designed for users seeking simplified exposure to short-term price movements without engaging in more complex derivatives structures. The rollout of Event Contracts is expected to expand progressively, with additional markets and trading pairs anticipated as part of future updates.

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